Tax increase for Mission residents

The owner of an average Mission home could be paying an additional $160 in taxes next year

By Tyler Olsen | November 1, 2021 |5:14 am

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Taxes in Mission are forecast to increase by 4.56% next year. That would leave the owner of an average property paying about $160 more in taxes than the previous year. Those figures are contained in draft budget documents going before Mission council this evening. Before the budget is approved, the city is seeking feedback from the public. A survey is available online.

Although the average tax requisition is proposed to increase by 4.56%, individual year-to-year tax changes depend, in large part, on how the value of one’s property changes in relation to average properties. If your property value goes up by a little, and the average property goes up by a lot, you may even see your taxes go down.

Anyone wanting to speak in person can do so today at 6pm. To register and watch the webcast, click here.

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Tyler Olsen

Managing Editor at Fraser Valley Current

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