At this point, most Chilliwack residents have received their 2022 Property Tax Notices by mail from the City of Chilliwack – unless they have opted into electronic billing.
For an average single-family home in Chilliwack with an assessed value of $747,084, the 2.99% increase will translate to an increase in municipal taxes of about $77, according to municipal staff.
Chilliwack’s municipal tax increase for 2022 has been set at 2.99%. The assessed value of an average residential property in Chilliwack increased by 35.04%.
This means that anyone with an increase in assessed value of more than 35.04% will have a higher tax increase, while those with an increase of less than 35.04% will have a lower tax increase. , or even a tax cut.
The 2022 tax rates have been adjusted so that municipal authorities still collect the same level of tax as in 2021. There are also adjustments to other government levies, which include school, hospital, FVRD and the BC Rating Authority, which city officials have no control over.
For the second year in a row, homeowners will apply for homeowner grants online through the provincial government, rather than City Hall.
The grant program has been taken over by the province of British Columbia to streamline it in 2021, with a new online portal created as part of a provincial “centralization” effort, according to the Ministry of Finance.
BC’s ‘homeowner subsidy threshold’ set at $1.975 million for 2022, ‘ensuring 92% of residential properties are covered by the subsidy which reduces the amount of property taxes people pay on their primary residence,” the ministry’s website states. Homeowners in Metro Vancouver, Fraser Valley and Capital Regional Districts may be eligible for up to $570 for the base grant and up to $845 for homeowners 65 and older and for people with disabilities or living with a disabled parent.
Do you have a story idea to share? E-mail:
City of ChilliwackProperty Taxes