I was wondering what the percentage of residents that use property tax deferment in other municipalities is. Comox is around 7%.
Mackenzie is less than 1%. We only have two residents that use the program
Ladysmith is around 7% too.
North Saanich is around 12%
Gibsons is around 12%
Director of Finance
Town of Gibsons
Township of Langley 4%
Last year, we had 12 total, which makes about 1% of our tax base.
Powell River has the following % of residential properties taking part in the property tax deferral program.
2016 - 2.9%
2017 - 3.6%
2018 - 4.4%
2019 - 4.9%
99% of people taking part in the deferral program access it though the regular program (55+, surviving spouse, disability)
Vancouver was about 5% for 2019.
In 2019, the Village of Lions Bay had 103 residents (or 37%) defer their taxes which is consistent with prior years. We anticipate the 2020 rate to be the same or higher.
Village of Lions Bay
Correction - in 2019 17% of residents deferred their taxes (sorry - typo).
@Pamela Rooke I was going to be very jealous of that 37%, but 17% is still better than everyone else.