Sooke council eyes slight tax increase

Sooke council is expected to give approval Monday to an $18.3-million operating budget.

Property owners will likely see a slight increase on their tax bills this year from the District of Sooke.

Sooke council is expected to give approval Monday to an $18.3-million operating budget.

Just how much extra you will save or pay on your tax bill depends on several factors, including your annual property assessment.

The 2016 municipal general property tax increase is 0.85 percent.

The average residential property assessment for 2016 is $343,152 and for 2015 was $336,653 (an increase of 1.93 per cent). If a residential property has increased in value equal to the assessment increase of 1.93 per cent, then its property taxes will increase by 0.85 per cent.

The 2015 municipal general property tax rate increase was zero.

Overall, Sooke taxpayers were given a bit of a break this year as the district’s five-year partnership agreement with the Prestige Hotel ended in 2015. This represents an annual savings of $237,000.

Major expenditures total $4.6 million and include completion of the roundabout and town centre project, road and sidewalk improvements, property purchase for a new library, the turf field project, public space enhancements and improvements to drainage systems.

The district is also placing $1.5 million into reserve funds.

“These are the things that we are focusing on this year,” said Mayor Maja Tait.

“It’s always a case of wanting to set goals that are realistic and achievable.”

The bulk of the districts’s operating revenues is generated from property taxes and utility fees. Other sources of revenue are licence and development fees, program fees and investments.

Besides municipal taxes, Sooke residents also pay taxes to the Capital Regional District, Capital Regional Hospital District and the Sooke School District, all reflected in their annual tax bill from the district.

Just Posted

Leeroy Stagger to bring edgier new sound to the Capital Ballroom

Award-winning folk artist will highlight new album, Strange Path, at Oct. 20 show

Ginormous 10-foot dragon towers over Saanich yard

Artist Dan Iochelli spent seven years crafting the metal beast

Popular corn maze at North Saanich’s Pendray Farms out of operation

No Halloween-themed activities taking place this year at local farm

Return of the undead: Victoria Zombie Walk hits the streets

Hundreds of zombies expected for annual event Oct. 26 in Centennial Square

Investigation into cause of Saanich structure fire underway

The Friday morning fire left contents of the home ‘beyond repair,’ says a Saanich firefighter

ELECTION 2019: It’s so close, it could come down to who turns out to vote

Black Press Media’s polling analyst on the origins of predictive seat modelling in Canada

Two charged after owner’s wild ride through Kamloops in his stolen truck

Crystal Rae Dorrington, 37, and Derrick Ronald Pearson, 32, facing multiple charges

Judge orders credit union’s bank records for Kelowna social worker facing theft allegations

The man is accused of negligence, breach of contract, fraud and a conspiracy with Interior Savings

Leaders pour it on with rallies, boosts for candidates as campaign reaches peak

The federal election campaign has reached a crescendo

Allegations of racism lead to ministry investigation at Vancouver private school

St. George’s School was contacted over what the school describes as ‘deeply offensive behaviour online’

Not a political question: Thunberg calls for climate action in Alberta

Edmonton police estimated the size of the crowd at about 4,000

Zantac, the over-the-counter heartburn drug, pulled in Canada, U.S.

Health Canada also investigates possible carcinogen in some ranitidine drugs

B.C. public safety minister says cannabis edibles not in stores til January

Mike Farnworth says he wants regional issues considered when it comes to licensing

Greta Thunberg calls for climate action in Alberta, but doesn’t talk oilsands

Swedish teen was met with some oil and gas industry supporters who came in a truck convoy

Most Read