About Your Property Taxes
Property Taxes are due each year on the first working day after July 1st.
Approximately half of your overall tax notice consists of funds collected for use by the City of Courtenay to provide a wide range of municipal services such as police protection, fire protection, parks and trails, recreation, roads and storm drainage infrastructure, bylaw enforcement, building inspection, planning and development services, recreation, and cultural facilities.
The other portion of your notice consists of taxes collected for other authorities including the Vancouver Island Regional Library, Regional Hospital District of Comox-Strathcona, Comox Valley Regional District, as well as school taxes. Although these amounts are shown on your tax notice, the City does not retain any of these funds.
2021 Property Taxes
The average homeowner in 2021 will see a projected decrease in taxes of $3 over 2020. Of this amount, $54 is an increase in taxation for the City of Courtenay delivered services and $57 is an overall decrease in property taxation for other authorities.
Residential and duplex non-metered properties are also billed on their tax notice for flat rate user fees relating to water, sewer, garbage and yard waste collection services. The combined increase in these utility user fees for 2021 is $15.58.
Commercial Property Tax Change in 2021
The City of Courtenay collects property taxes on behalf of other agencies, however these agencies determine their tax rates independently of the City of Courtenay. Last year, the Province reduced the school tax rate significantly by about 75% but has not done so for 2021. That's why you may see a significant increase for this portion of your tax bill. For more information on Provincial School Tax, please visit gov.bc.ca/schooltax
The average commercial property experiencing a property assessment change equal to a decrease of 3.04% would have experienced a reduction of about 1.3% excluding the impact of the school tax portion of their property tax notice.
Commercial Class 6 encompasses a wide range of businesses, with a wide range of assessment valuations.
According to Province of B.C. statistics, the average assessment on a single family residential home in Courtenay in 2020 was $452,600 (2019 was $435,600).
- 2021 Estimated Property Taxes for an Average Home [PDF - 81 KB]
- 2021 Property Tax Rates.pdf [PDF - 76 KB]
How 2021 Taxes are Allocated