WebEach year BC Assessment, not the City of Port Moody, evaluates properties to determine their value for taxation purposes. They use market value to determine property value. In … WebThe draft City of Port Moody Alternative Municipal Tax Collection Scheme Bylaw, 2024, No. 3358 (to be reviewed by Council in subsequent memo titled Alternative Tax Collection Scheme for 2024) includes provision for a property tax due date of July 4, 2024, with a 5% penalty added to outstanding taxes on July 5, 2024.
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WebTax exemptions have been increased using the estimated tax increases from the 2024 Financial Plan Guidelines. These rates are 4.41% for 2024, and 3.5% for 2024 and 2024. Draft City of Port Moody Tax Exemption Bylaw, 2024, No. 3324 is attached for Council’s consideration (Attachment 4). For 2024, six new applications have been received: Kinsight WebJul 27, 2024 · The City of Port Moody has found a way to chop nearly three percent from what would have been the biggest tax increase in four decades. Property taxes are now slated to rise 9.29 percent increase, an average of $246 more per household, following a resolution passed by council on Tuesday. cysticercosis testing
Cost and Fees - City of Port Moody
WebApr 30, 2024 · The average Port Moody household — assessed at $970,000 — will pay an extra $85 in property taxes this year. That’s 3.55% more than last year. And while some … WebProperties deemed or declared empty in the 2024 reference year will be subject to a tax of 3% of the property's 2024 assessed taxable value. The Empty Homes Tax rate for the 2024 tax year will increase to 5% of the assessed taxable value. The Province of BC's Speculation and Vacancy Tax is in addition to the City's Empty Homes Tax. WebThe grant threshold is the maximum value of an assessed or partitioned property where home owners are eligible to claim the full home owner grant.. The grant threshold for 2024 is $2,125,000. You may be able to claim the full regular grant amount if your property has an assessed or partitioned value of $2,125,000 or less. cysticercus pisiformis morfologia