Don Quixote Note:
It appears that the average residential property in Coldstream, will see a $40 municipal tax increase.
From 2012
Coldstream residents will be handing over an extra $57 to the tax man this year. A tax hike of 6.59 per cent is set for 2012 and is expected to be adopted at Coldstream council’s April 23 meeting. For the average home in Coldstream ($447,000), the total municipal tax amount is $975.
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For comparison a Vernon residential property assessed at $447,000 would have a municipal tax bill of $1,260 in 2012
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