Expect property tax notices in the mail and by email, beginning on Friday, May 29.
The City of Kamloops has sent out its 2020 property tax notices, which should arrive in mailboxes next week — and sooner by email.
This year, the city gave residents additional time without penalization to pay property taxes and also cut the planned tax increase from three per cent to 2.3 per cent, due to the financial strain on residents amid the COVID-19 pandemic.
Penalties for residential, utilities, supportive housing and farm tax classes will not be accrued until July 31, at which time a five per cent fee will be added. Ten per cent will be tacked on beginning Oct. 1. In addition, major industry, light industry, businesses, recreational properties, non-profits and managed forest land will not be required to pay until Oct. 1.
The city encourages homeowners and business owners who can pay their taxes on time to do so, as the municipality relies on revenue in a timely fashion for cash flow purposes.
In addition to the extension, property tax deferment is available through the province for seniors ages 55 and older, surviving spouses, people with disabilities and parents, step-parents or those financially supporting a child.
The city is encouraging online bill payment to help curb spread of the novel coronavirus. Residents can pay property bills online through online banking. To do so, simply search “Kamloops” in the payee section and utilize the 10-digit folio number on the property tax notice as the account number. Residents can pay their bills in person at the bank or by telephone banking. Financial institutions do not, however, accept homeowner grant applications. For those requiring in-person payment, city hall will reopen to the public on Monday, June 8. The first two hours of the day (8 a.m. to 10 a.m.) will be reserved for seniors or people at higher risk of contracting the virus. Those who require in-person payment should expect longer wait times due to reduced staffing levels, increased cleaning and disinfecting and physical-distance requirements in effect.