Tuesday, May 08, 2012

Tax gap with Kelowna & Coldstream narrowed in 2012


 These are the tax increases for the average Vernon Residential Property. (2011 ASSESSMENT $340,976 vs. 2012 ASSESSMENT of $333,676.)

Tables on left are taken from the calculators for Vernon, Coldstream (calculators on right side of blog)  & Kelowna ( online calculator at kelowna.ca/propertytax.)

The Total Tax for 2012 on the identically valued property are :
  • Coldstream  $1,983.60  ( 2011 - $1,927.49 )
  • Vernon         $2,178.92   ( 2011- $2,152.37 )
  • Kelowna       $2,130.82   ( 2011- $2,102.29 )
Caveat: The School Taxes are estimated for 2012 and there may be a slight change for Vernon & Coldstream. Kelowna's school tax is finalized.

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