Each year, as required in the Community Charter, the TNRD Board of Directors adopts the Five-Year Financial Plan at its last meeting before March 31. On this page, find budget highlights, key dates and information on how you can give feedback.
2023 Budget Highlights
- 125 Services within 10 Electoral Areas and 11 Member Municipalities, including local services (such as fire protection or water service), sub-regional services (such as garbage and recycling services or invasive plant management) and regional services (such as public libraries or general government administration).
- Increase to operating expenditures. This is in large part due to an increase in service levels and cost increases due to inflation, as well as other less-significant factors.
- Modest decrease in capital expenditures. This is due to planned capital project expenditures being slightly lower compared to 2022.
- Despite increases in costs to provide services, residential landowners in many communities may pay less tax to the TNRD compared to 2022. This is due to a combination of factors, including new growth to spread amounts owing to a larger tax base. In 2023, the total taxation amount collected by the TNRD is $25.1 million, which represents a 7.05% increase from 2022, however, many residential landowners can expect to see a smaller increase or a slight reduction in property taxes owing.
Note: property owners only pay for services that they receive, whether they are in a TNRD Electoral Area or a Member Municipality. Find more information in our Frequently Asked Questions section on this page.
Important Information & Dates
- The Board of Directors approved the 2023-2027 Financial Plan during the Board Meeting on March 30, 2023.
- The draft 2023-2027 Financial Plan was brought to the Board of Directors for review during a public Committee of the Whole meeting on January 18, 2023. For convenience and accessibility, the recording of this meeting has been time-stamped and uploaded to the TNRD’s YouTube channel.
2023 Budget Meeting Dates
- Thursday, December 15, 2022, 1:30 pm: Introduction of 2023-2027 Provisional Financial Plan
- Wednesday, January 18, 2023, 1 pm: Public Budget Meeting and Workshop
- Thursday, March 30, 2023, 1:30 pm: Adoption of 2023-2027 Financial Plan
Provide Your Feedback
Members of the public can give feedback anytime about TNRD budgets, services or taxation, by using the TNRD’s online Public Feedback engagement tool. For questions or feedback about TNRD budgets or financial information, contact the TNRD Finance Department anytime: 250-377-8673 | finance@tnrd.ca.
Assessed Value Taxation Impacts
To find more information, view the Frequently Asked Questions section on this page.
Frequently Asked Questions
Properties only pay taxes for each of the services that they receive. As a result, the level of taxation for TNRD services varies between properties within Electoral Areas, and for properties in Member Municipalities compared to those in Electoral Areas. Generally speaking, the TNRD provides a greater number of services in Electoral Areas compared to Member Municipalities.
Property taxation is one of the main revenue sources to pay for TNRD operating costs. Operating costs are also funded through sources such as savings, government grants, and/ or user fees (for utility services). Unlike other levels of government, local governments cannot use debt financing to fund operating costs.
Capital costs are mainly funded through federal and provincial grants, with property taxation funding a much smaller portion. Savings and/ or debt financing can also pay for capital costs.
No. For all Regional Districts in BC, including the TNRD, each service requires its own individual budget. Money cannot be shifted from one service to another. Further, any surplus in a budget must be spent the following year.
Services for your property will vary depending on which Electoral Area or Member Municipality you reside in. Services levels will also vary depending on whether on local services are provided to your property, such as water, sewer, fire protection or others.
Find more information about services in your area by visiting: tnrd.ca/taxation. Alternately, you can find a general overview of services by community by visiting: tnrd.ca/communities.
To find key information, including a short video to answer frequently asked questions, visit the BC Assessment website.
BC Assessment provides assessed values of properties each year, and these assessed values are used to help calculate the tax rate per $1,000 for each property.
Regardless of whether assessment values increase or decrease in any year, assessed values do not impact how much taxation that local governments collect each year. Changes to assessed values may change how much of the overall tax requisition that a property owner must pay, but do not change the size of the total tax requisition. (Example: If your property’s assessed value goes up by 20%, but the average assessed value across the entire regional district goes up by 12%, then you will pay a higher proportion of the overall tax requisition).
In summary, assessed values, which are set by BC Assessment, are a significant factor to determine how much taxation each property will pay, but assessed values do no impact the total amount of tax the TNRD collects in any given year.
Yes. BC Assessment send out notices of assessed values in early January of each year. To appeal your assessment, follow the directions on your notice, or visit BC Assessment’s Appeals webpage.
Unlike municipalities, regional districts do not have direct taxing authority. Instead, they rely on BC’s Surveyor of Taxes to collect their taxes from property owners in the electoral areas and from member municipalities. Regional districts inform the Surveyor of Taxes and member municipalities of the amount of taxes required to meet the annual budget, which is approved by the regional board each year at the end of March. The tax money is then collected by the Surveyor of Taxes and the member municipalities and is forwarded to the regional district.
Rural taxes may be paid to the Surveyor of Taxes in the envelope provided with your Tax Notice or you can go to any government agent (Service BC) and pay your taxes directly.
To find more Frequently Asked Questions, click here.
Contact:
TNRD Finance Department
250-377-8673
finance@tnrd.ca
Related:
The 2022-2026 Financial Plan was adopted by the TNRD Board on March 24, 2022. The plan budgets operational and capital revenues and expenses, and sets the tax requisition for the 2022 budget year.
- 124 Services provided by the TNRD in 2022 (local, sub-regional or regional)
- Total tax requisition of $23,445,474 in 2022
- Total tax requisition in 2022 was 2.2% lower compared to 2015
2022 Budget Highlights Continued
- Operating expenditures are $37,927,699 in 2022, and $23,445,474 will be funded through property taxes
- Represents a tax requisition increase of 3.4% compared to 2021. The tax requisition was reduced by nearly $400,000 in 2021 during the COVID-19 pandemic; as a result, the tax requisition in 2022 is only 1.6% greater than in 2020
The TNRD’s current tax requisition is $523,493 lower than in 2015
- Changes in taxation in 2022 will differ for properties, depending on variables such as changes to assessed value, services provided to an area and changes to the number of properties that share funding for a particular service
- Valuation for the Village of Lytton was taken into account in the current assessment data, which results in a
significant decrease in taxes for those property owners and pushes a slightly higher tax burden onto other areas of the TNRD - A home with the average assessed value in Kamloops can expect to see an increase of $5.56, while the average home in Lytton can expect a decrease of $61.12
- Properties in the nine other member municipalities can expect increases, on average, ranging from $10.41 in Clinton to $41.26 in Clearwater
- Decreases can be expected, on average, of $7.16 in Electoral Area “B” and $6.82 in Electoral Area “I;” increases can be expected, for all other electoral areas, on average, ranging from $6.91 in Area “E” to $93.54 in Area “N”
- Capital projects planned for 2022 include construction of a new Eco-Depot in Cache Creek, other improvements to landfills and transfer stations, construction of a new Loon Lake fire hall, a replacement fire truck for the McLure Fire Department, upgrades to the Ashcroft Library, and improvements to the Civic Building
- Some of the projects included in the capital plan that are 100% grant funded include additions to the Blackpool and Vavenby fire halls, renovations to the McLure Community Hall & Fire Hall and improvements to Smith-Pioneer Park
- Budgets money for rebuilding the public library in Lytton (funded by insurance), constructing a new firehall in Tobiano, and initial costs for a proposed new public library in southwest Kamloops
- Invests more than $15.3 million over five years into 11 drinking water systems and two wastewater utility systems, including construction a new well in Black Pines and a water treatment and filtration plant in Pritchard
- Invests more than $35 million over five years into pubic safety, including fire protection, E-911 service, search and rescue, emergency preparedness, highway rescue, dangerous dog control and building standards
- Invests more than $58 million over five years into solid waste collection facilities and recycling and landfills, including construction of a new Eco-Depot near Cache Creek
- Invests more than $5.5 million over five years into invasive plant management and mosquito management in electoral areas and participating municipalities
- Invests more than $3.3 million into community and regional parks, and more than $2.8 million into community halls and other recreational facilities