Tax Rates Bylaw No. 63-2, 2025

Kamloops, British Columbia · adopted 2025-04-15

This is the exact embedded text of the captured official document. Snapshot d21b2ad5b85c · verified 2026-08-23 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

CITY OF KAMLOOPS BYLAW NO. 63-2 A BYLAW OF THE CITY OF KAMLOOPS FOR LEVYING OF PROPERTY TAX RATES FOR THE YEAR 2025 The Municipal Council of the City of Kamloops, in open meeting assembled, enacts as follows: 1. This bylaw may be cited as the "Tax Rates Bylaw No. 63-2, 2025". 2. Tax Rates Bylaw No. 22-1-120 is hereby repealed. 3. The following rates are hereby imposed and levied for the year 2025: a) for all lawful general purposes of the municipality on the assessed value of land and improvements taxable for general municipal purposes, rates as set out in Schedule "A" attached to and forming part of this bylaw; b) for Thompson Regional Hospital District (TRHD) and Thompson-Nicola Regional District (TNRD) purposes on the assessed value of land and improvements for hospital purposes, rates as set out in Schedule "B" attached to and forming part of this bylaw; c) for special taxation levy purposes in accordance with the provisions of "North Shore Business Improvement Area Bylaw No. 60," based on the assessed value of land and improvements taxable for general municipal purposes for Class 5 and 6 assessments within the specified area, at $0.686473 per $1,000 taxable value; and d) for special taxation levy purposes in accordance with the provisions of "Kamloops Central Business Improvement Area Bylaw No. 13-1-21" based on the assessed value of land and improvements taxable for general municipal purposes for Class 5 and 6 assessments within the specified area, at $0.565478 per $1,000 taxable value. e) for special taxation levy purposes in accordance with the provisions of "East Kamloops Business Improvement Area Bylaw No. 61" based on the assessed value of land and improvements taxable for general municipal purposes for Class 5 and 6 assessments within the specified area, at $0.478398 per $1,000 taxable value. 4. The minimum amount of taxation upon a parcel of real property shall be One Dollar ($1.00). BYLAW NO. 63-2 PAGE 2 READ A FIRST TIME the 8th day of April, 2025. READ A SECOND TIME the 8th day of April, 2025. READ A THIRD TIME the 8th day of April, 2025. ADOPTED this 15th day of April, 2025. MAYOR R. HAMER-JACKSON CORPORATE OFFICER M. MAZZOTTA ORIGINAL SIGNED BY: ORIGINAL SIGNED BY: BYLAW NO. 63-2 PAGE 3 SCHEDULE "A" Tax Rates (dollars of tax per $1,000 taxable value) PROPERTY CLASS MUNICIPAL RATE 1 Residential 4.39 2 Utilities 40.00 3 Supportive Housing 6.03 4 Major Industry 44.91 5 Light Industry 14.49 6 Business/Other 11.39 7 Managed Forest 16.42 8 Recreational/Non-Profit Organization 15.07 9 Farm 17.13 BYLAW NO. 63-2 PAGE 4 SCHEDULE "B" Tax Rates (dollars of tax per $1,000 taxable value) PROPERTY CLASS TNRD TRHD 1 Residential 0.2381 0.3038 2 Utilities 0.8334 1.0626 3 Supportive Housing 0.2381 0.3036 4 Major Industry 0.8095 1.0322 5 Light Industry 0.8095 1.0322 6 Business/Other 0.5833 0.7438 7 Managed Forest 0.7143 0.9108 8 Recreational/Non-Profit Organization 0.2381 0.3036 9 Farm 0.2381 0.3036