This is the exact embedded text of the captured official document.
Snapshot bbc42a78ae43 · verified 2026-08-23 ·
original document ·
archived snapshot ·
unofficial consolidation, the official version is held by the municipal clerk.
CITY OF PARKSVILLE
BYLAW NO. 1601
TAX RATES BYLAW 2026
NOW THEREFORE, the Council of the City of Parksville in open meeting assembled enacts as follows:
1.
The following rates are hereby imposed and levied for the taxation year 2026:
a)
For all lawful general purposes of the municipality on the assessed value of land and
improvements taxable for general municipal purposes for each of the taxation jurisdictions,
Parksville General, Resort Area and Wembley Mall, the rates shown in Column "A" on Schedule
"A" attached to and forming part of this bylaw.
b)
For library purposes on the assessed value of land and improvements taxable for general
municipal purposes, rates appearing in Column "B" of Schedule "A" attached to and forming
part of this bylaw.
c)
For purposes of the Nanaimo Regional District on the assessed value of land and improvements
taxable for general municipal purposes, rates appearing in Column "C" of Schedule "A" attached
to and forming part of this bylaw.
d)
For purposes of the Nanaimo Regional District Waste Water Control on the assessed value of
land and improvements taxable for general municipal purposes, rates appearing in Column "D"
of Schedule "A" attached to and forming part of this bylaw.
e)
For hospital purposes on the assessed value of land and improvements taxable for regional
hospital purposes, rates appearing in Column "E" of Schedule "A" attached to and forming part
of this bylaw.
f)
For purpose of the "Downtown Business Improvement Area Establishment Bylaw, 2024,
No. 1592" on assessed value of land and improvements taxable for general municipal purposes
on Class 5 and 6 properties within the boundaries of the Parksville Downtown Business
Improvement Area, rates appearing in Column "F" of Schedule "A" attached to and forming part
of this bylaw.
2.
This bylaw may be cited for all purposes as "Tax Rates Bylaw, 2026, No. 1601".
READ A FIRST TIME this 4th day of May, 2026
READ A SECOND TIME this 4th day of May, 2026
READ A THIRD TIME this 4th day of May, 2026
RECONSIDERED AND FINALLY ADOPTED this 6th day of May, 2026
Original signed by D. O'Brien
Original signed by A. Weeks
Mayor
Corporate Officer
Bylaw No. 1601 - Page 2
Schedule "A"
Tax Rates (Rate of tax per $1,000 of taxable assessed value)
A
B
C
D
E
F
General
Municipal
Purposes
Library
Regional
District
Regional
District
Waste
Water
Hospital
Downtown
Business
Improvement
Area
(Note 1)
Class 1
Residential
2.91250
0.15438
0.63521
0.59277
0.64205
Class 2
Utility
17.3650
0.9205
3.7873
3.5343
2.2472
Class 3
Supportive Housing
2.9125
0.1544
0.6352
0.5928
0.6421
Class 4
Major Industry
8.0736
0.4280
1.7608
1.6433
2.1830
Class 5
Light Industrial
8.0736
0.4280
1.7608
1.6433
2.1830
1.076565
Class 6
Business
8.0736
0.4280
1.7608
1.6433
1.5730
1.076565
Class 7
Managed Forest Land
2.9125
0.1544
0.6352
0.5928
1.9262
Class 8
Recreation/Non-profit
7.8406
0.4156
1.7100
1.5958
0.6421
Class 9
Farm
11.6497
0.6174
2.5408
2.3711
0.6421
Note 1: Applies only to Class 5 and Class 6 properties located in the Parksville Downtown Business Improvement Area.
City of Parksville
Schedule of Property Tax Rates
2026