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How does your assessment relate to municipal taxes?

Posted on Sunday, January 17, 2016 09:00 PM

BC Assessment's role is to determine the fair market value of properties. The property assessment is used to determine your share of taxes. Council's role is to determine the amount of taxes required to operate the municipality and set the tax rate. The tax rate is set by bylaw and sets a rate for each class as defined on the BC Assessment Roll. This rate applies to each $1,000 of taxable value of land and improvements.

Each year, Council, during its budgetary process, approves the amount of revenue...

Safety Transportation a Priority in Lake Country

Posted on Sunday, January 17, 2016 09:00 PM

The reality of being the fastest growing municipality in BC is not lost on Council, staff and the community. Just over five years ago, Council was told that our roads were in dire need of renewal, repair and maintenance. After all, we have 200 kms of roads, which, for a population one tenth that of Kelowna, is humongous, as my son would say. Our residents want roads that are safe and in good conditions so that they can drive or walk around without the concerns that someone may hit a pedestrian as...

Water Sustainability Act update

Posted on Thursday, January 14, 2016 09:00 PM

The provincial government intends to bring the Water Sustainability Act into force in early 2016.

The new Water Sustainability Act (Bill 18) received Royal Assent in May 2014 and will replace the existing Water Act. Given the size and complexity of the legislation, the Province is using a phased approach to developing the associated regulations. During 2015, work has focussed on developing new and updated regulations related to groundwater use, well construction and maintenance, dam safety, compliance,...

Zero percent property tax increase for Lake Country residents

Posted on Wednesday, January 13, 2016 09:00 PM

Council approved a Transportation for Tomorrow funding formula in December 2015 that included a $125 parcel tax in 2016 to finance roads and transportation projects and maintenance. Council was determined to apply any revenue resulting from community growth toward reducing the impact on tax payers, and therefore a 2016 budget with a zero percent property tax increase for Lake Country tax payers was approved Tuesday evening.

Before making any decisions, Council was provided with a report on the status...

Busiest Construction Year in Lake Country History!

Posted on Thursday, January 07, 2016 09:00 PM

With last year having passed in the rearview mirror, 2015 was the busiest construction year for Lake Country in their 20-year history. The construction investment of over $68 million in the community was 36% higher than in 2014.

While residential construction at neighbourhoods like LakeStone and The Lakes pushed a lot of the activity, new commercial investment in the community also increased. With the long-awaited Lake Country Town Centre developing, and other projects coming to fruition, Lake Country...