Homeowners in Port Coquitlam will pay 3.56% more this year in property taxes.
On Tuesday, city council unanimously gave three readings to the annual tax rates bylaw, which must be passed by the provincial deadline of May 15 (Coun. Darrell Penner was absent from the vote).
The proposed rise means owners of a single-family house with the statistically average assessed value of $510,183 would pay about $2,700 in combined municipal taxes and utility fees.
Business property owners would see a 3.52% hike over last year's bill.
Earlier this month, Coquitlam city council adopted its tax rate bylaw, showing a 3.49% increase for homeowners and 2.74% jump for business property owners.
Property tax payments are due July 4.
jwarren@tricitynews.com
