Estimated Costs
If approved through a referendum, development and renovations to the facility will have ongoing expenses that would be paid through taxation.
The following taxation estimates are based off a proposed service area map. Note that this service area is still subject to Ministerial approval.
Estimated Annual Costs
Estimates for tax rates are calculated on the value of all improvements (this includes taxing on buildings only and does not include the value of the land).
Costs for the Community Hall include:
- PRRD Expenses
- Grant to Society for operation of the building (utilities, internet access, liability insurance, maintenance, janitorial supplies, health permitting)
- Capital Reserve Contributions (held by the Regional District to fund future large-scale repairs, upgrades, and eventual replacement)
- Annual debt repayment
Estimated annual cost: $70,000-$90,000 per year, which may decrease or increase based on actual costs.
How to Estimate Your Annual Tax
- Visit bcassessment.ca
- Search for your property using the “Find your property assessment” tool
- Locate the “Improvements Only” value (building value, not land)
- Divide that value by 1,000
- Multiply by the tax rate for your preferred option
Example:
$150,000 ÷ 1,000 = 150
150 × 0.23 = $34.50 per year
Note: Estimates are based on 2025 assessment values. Actual costs may vary.
Thank you for your contribution!
Help us reach out to more people in the community
Share this with family and friends