Media Advisory - BC Assessment to announce 2017 Property Assessments
Date: Morning of Tuesday, January 3, 2017
Location: Province-wide for British Columbia including all municipalities
VICTORIA, Dec. 29, 2016 /CNW/ -
Media Information and Interviews:
- BC Assessment will issue regional news releases on Tuesday, January 3, 2017 with highlights of 2017 property assessment changes in local communities.
- All news releases, as well as statistics and general information about the 2017 Assessments, will be posted on bcassessment.ca on January 3 and can be accessed by selecting the Property Information & Trends tab at the top of the page.
- The website will also list the 2017 Top Valued Residential Properties for all of British Columbia as well as by regional breakdown.
- For interviews, starting January 3, contact the designated Assessor or Deputy Assessor media contact listed on the local news release.
Background:
- As B.C.'s trusted provider of property assessments and property information, BC Assessment collects, monitors and analyzes property data throughout the year.
- Over two million property owners will receive their 2017 property assessment notice by mail in early January.
- Updated on January 3, 2017, the public can use the free, newly-enhanced e-valueBC search tool at bcassessment.ca to compare their 2017 property assessment to others. The public can also search, check and compare 2017 property assessments for any property within the province.
- The mandate of BC Assessment, a provincial Crown corporation, is to establish and maintain uniform property assessments throughout British Columbia in accordance with the Assessment Act.
- The Act requires that BC Assessment produce annual assessments, listing property information and market values as of July 1 (i.e. 2017 assessments are based on market values as of July 1, 2016).
- BC Assessment's assessment information provides the foundation for local and provincial taxing authorities to raise approximately $7 billion in property taxes each year. This revenue funds the many community services provided by local governments around the province, including the public school system.
SOURCE BC Assessment
Website: www.bcassessment.ca
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