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In 2009, the total value of assessments in the province were $969 billion. By 2010, that number had grown to $1.04 trillion. Most assessments are of the market value of the real property. In 2009 (for the 2010 roll), assessment appeals remained low, compared to many other property-taxing provinces and states. Some 98.5% of assessments were ...
The LTSA's Land Title Register is BC's official legal record of private property ownership and contains over 2 million active titles to land and over 2 million active charges. Surveyor General Division – maintains the quality of the land survey structure of the Province and issues Crown Grant documents that transfer Crown land into private ...
This is a list of land districts of British Columbia, Canada. Land districts are the cadastral system underlying land titles in the province, and used by the provincial gazetteer in descriptions of landforms, administrative areas, and other information.
State law limits most property taxes to bring in a set amount. For instance, in Hamilton County, the levy that pays for the Cincinnati Zoo brings in $7 million annually.
The final property tax amount is calculated by multiplying the municipal final property tax rate for the year by the BC Assessment value. Vancouver has the lowest property tax in Canada as a percentage of assessed value [ 13 ] because while property values are extremely high, the city's budget has stayed relatively constant.
Crown corporations in BC are public-sector organizations established and funded by the Government of British Columbia to provide specialized goods and services to citizens. [1] They operate at varying levels of government control, depending on how they are defined, funded, and the kinds of services they provide.
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A district municipality is a classification of municipalities used in British Columbia. British Columbia's lieutenant governor may incorporate a community as a district municipality by letters patent, under the recommendation of the Minister of Communities, Sport and Cultural Development, if the area is greater than 800 ha (2,000 acres) and has a population density of fewer than 5 people per ...