Utilities (water user & waste collection) and Property Taxes
Lions Bay utilities (water user and waste collection) tax notices are mailed to home owners in early March. Payment is due March 31 and if paid on time, home owners receive a prompt payment discount. In 2010 the gross water, garbage, recycling and green waste collection rate is $830 per home with a prompt payment discount of $35 for a net amount payable of $795.
Lions Bay property tax notices are mailed in early June. Property taxes are due on or before July 14 of the current year. If the property tax payments are received after July 14 of the current year a 10% penalty is applied. Home Owner Grants are available to qualifying homeowners to reduce the Basic School Tax Levy. The application is on the reverse at the bottom of the property tax notice. The following tax rates applied to properties in Lions Bay in 2010:
Property Tax Levies - Residential Tax rate
Local School Levy 1.3263
Municipal Tax - General 1.1869
Municipal Tax - Fire Protection 0.3600
GVTA (Greater Vancouver Transit Authority) 0.3802
GVRD (Greater Vancouver Regional District) 0.06943
BC Assessment Authority 0.0664
Municipal Finance Authority 0.0002
Small Community Policing 0.1631
Total Tax Rate - residential 3.55253
In addition, the Water Parcel Tax is levied on all properties: $365.00
In addition, all properties in Kelvin Grove are levied a sewer parcel tax
and properties with improvements a sewer user fee.
Sewer parcel tax $120.00
Sewer user tax $400.00