Gabriola taxes on track for $7 per $100,000 increase

Derek Kilbourn

Sounder News

Wednesday, February 25 2015

The Regional District of Nanaimo (RDN) budget is coming together ahead of the start of the 2015 fiscal year on April 1, with an RDN-wide average increase of seven per cent in taxes.

Of that, just under five per cent is a change for new services or service levels and two per cent is for a change in existing services.

In dollars, the RDN will be collecting $45,173,675 from the electoral areas and member municipalities.

Area B (Gabriola, Mudge and DeCourcy) will contribute $1,071,224 which is up $52,090 from 2014. Area B taxes will increase by $7 per $100,000.

To put that into perspective: according to the BC Assessor’s office, the highest valued residential properties on Gabriola under and over two acres in size are assessed at $1,383,000 and $2,096,000 respectively. Those properties will see their RDN taxes increase by $96.81 and $146.72 respectively.

The lowest valued property on Gabriola with a single-family dwelling on it has an assessed value of $75,500 and will see an increase of $5.29.

Bill Dawson, Deputy Assessor with BC Assessment, said there was a decrease in the number of appeals this year compared to those previous. 

There were 24 appeals in 2013 and 35 in 2014. This year only 19 folios saw an appeal, with no apparent pattern as they were spread throughout the island and included both vacant and improved properties, both waterfront and non-waterfront. 

Dawson said, “The vast majority believe their assessment is too high, although there are a handful that are asking for increases. As such, there doesn’t seem to be any overriding issue that is of concern. 

“Good to see the volume of appeals going down. Nineteen out of 3322 folios represents a 0.6% appeal rating.”