Property owners in the city will have to pay their property taxes this week as they are due on July 7.
City council approved the city’s tax rate bylaw for 2023 back in April, which sets out the property taxes for each of the nine property classes in the city.
The residential property class will pay a cumulative $5.54227 per $1,000 in assessed value in municipal taxes, plus a further $1.15861 per $1,000 in Regional District of Fraser-Fort and Fraser-Fort George Regional Hospital District property taxes.
For an average Prince George house, assessed at $449,618 in 2023, those property taxes will total $3,012.84 ($2,490.79 municipal plus $522.05 regional/hospital district).
Homeowners will also pay property taxes collected by the city on behalf of provincial agencies (school tax, BC Assessment, Municipal Finance Authority, etc.), but may be able to subtract the provincial homeowner grant.
The Provincial Home Owner Grant program helps reduce the amount of residential property taxes homeowners pay on their primary residences and applications can be made through the B.C. government.
The grant is available to homeowners who pay property taxes to a municipality, and for northern B.C. the grant amount is $770.
If a homeowner’s property is assessed below the threshold and they meet certain qualification criteria, they will receive the full regular grant amount. If a property is assessed over the threshold, homeowners may receive a partial grant.
Also those who are a senior, a veteran, a person with a disability or a spouse or relative of someone with a disability may qualify for an additional grant.
Homeowners must apply for the homeowner grant each year and only one grant can be claimed for a property each year.
How to pay your property taxes
Homeowners in Prince George can view current and past tax notices and more through the MyCity online service.
Property taxes can also be directly paid through Banks and credit unions online, through telephone banking, or in-person. Set up the City of Prince George as the payee and enter the tax folio number.
Property taxes and utilities bills may be paid through a pre-payment plan. Residents may complete an application form and submit it in person at the City Hall Service Centre at 1100 Patricia Boulevard.
Or Payments may be made in person by cheque, cash, or debit card at the City Hall Service Centre during regular working hours.
-with files from Arthur Williams
Property taxes are due this Friday! Skip the line at City Hall by using the cheque drop boxes at the entrances or by using online banking (allow three business days for processing).
— City of Prince George (@CityofPG) July 4, 2023
🔔 Remember to apply for the BC home owner grant! More info: https://t.co/X6Mp4He8cI 🔔 pic.twitter.com/m5C9J5w8E4
