March 30, 2023

Grand Forks TV

video for Grand Forks BC

Has The Residential Property Tax Burden Become Exorbitant?

In the last City Council meeting a resident presented his changing tax rates over the past 4 years to council. He feels the rates have become exorbitant. And he has some suggestions about how the city might help its citizens cope with this change.

I did some research to find out if this is just something that has taken place here in Grand Forks or if there’s something else going on in the wider scheme of things. In doing this I came across the BC government section on local government statistics . . . I used the data I found there to build the following presentation.

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From most of the graphs it is clear that while the actual tax rate per $100,000 doesn’t change too much over time the property value is increasing. And it’s increasing at a rate faster than wage increases are happening.