Penticton taxpayers, City Hall staff has posted a residential property tax estimator to the City Web Page for your information and use. You can use this calculator to estimate your increase in the 2012 city portion of your property tax bill.
Penticton taxpayers, if you would like to compare your estimated 2012 property taxes to your 2011 property tax notice, then proceed as follows:
Go to www.penticton.ca, then click on City Hall, Online Services and then click on the residential tax estimator (https://cityweb.penticton.ca/TaxEstimator/default.aspx). You will require your 2012 property assessed value notice and your 2011 property assessed value notice for comparative purposes.
It would appear if your property assessed value remained unchanged from 2011, you will be faced with an estimated property tax increase of 1.3 per cent in city property taxes. If your property assessed value increased by five per cent, you will be faced with an estimated 5.5 per cent property tax increase in city property taxes.
Please contact City Hall or your favourite council member if you have a problem understanding how to use the estimator.
Please note that school and other charges have not been included in the estimator.