Property Taxes

Municipal property tax is the District's primary source of funds and its most stable and consistent form of revenue

Property tax revenue is unconditional and is used to fund general operating expenditures, debt repayment, reserve contributions and in some instances direct capital expenditures. The amount of property tax revenue to be collected each year is determined annually through the budget process which is the mechanism for determining the revenue requirements and the resource allocations that ultimately inform the decision on the municipal tax rate.

Please click here to read the 2020 Parcel Tax Roll.

Click here to read the 2020 Property Tax Information Brochure.

Property Tax Notices are mailed out during the third week of May and are due on July 6th, 2020. While payment is made in the middle of the year, it covers the time period  of  January 1 to December 31 of the current year.

2020 Update for Property Taxes on Commercial Properties (Classes 4, 5, 6,7 and 8):
The Province of BC has postponed the application of the penalty on unpaid taxes to September 30, 2020. A reduction in School Tax rates has also been applied to these classes. For more information visit:
https://www2.gov.bc.ca/gov/content/taxes/tax-changes/covid-19-tax-changes

In addition to municipal property tax, the District is also required to collect property tax for the Regional District of East Kootenay, Regional Hospital, Province of BC (school and policing), BC Assessment, Municipal Finance Authority and Elk Valley Waste Management. Although these taxes appear on District of Sparwood tax notices and are paid by the taxpayer to the District of Sparwood, they represent a debt payable by the municipality to the respective agencies. With the exception of a small administration fee paid to the District for the collection of the School Tax the municipality does not retain any of the funds collected for these agencies for its own use.