City hall wrapped in plastic on July 7, 2020. (Liam Harrap/Revelstoke Review)

Revelstoke city staff request property tax sale deferral

The finance department expects a busy September

Revelstoke’s finance department is asking to defer this year’s property tax sale.

Normally hosted in September, the sale is an auction of properties that have delinquent taxes–taxes that remain unpaid for two years.

Due to COVID-19, the province is allowing municipalities to defer the annual property tax sale through a bylaw.

Sheena Moore, deputy director of finance, anticipates the department will be busy in September due to the extended property tax deadline.

READ MORE:City delaying tax deadline, expects to borrow $6 million to continue operations

Allowing another year will give staff time to work with property owners who are in delinquent status and reduce the number of properties that are subject to the 2021 sale.

“The finance department makes every attempt to contact property owners and mortgage providers to arrange for payment of delinquent property taxes before the tax sale date,” said Moore’s report to the city’s finance committee. “The goal is always to avoid selling properties at tax sales.”

Deferring the annual sale will also allow property owners who are currently in a delinquent balance one more year before their property is sold.

In 2021, properties that remain delinquent will be sold at tax sale. Property owners have one year to redeem their properties by paying the upset price plus interest on the sale price.

The upset price is the unpaid taxes, late penalties, interest as well as an administration fee.

On average, the city brings properties to tax sale every other year, the report said.

The city’s finance committee will discuss the proposal July 22 and make a recommendation to council.



Like us on Facebook and follow us on Twitter.

Property taxes

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

A variety of art coming to Revelstoke gallery this fall

A members’ show in December will act as a gift market

Roots & Blues announces ticket giveaway ahead of online festival

The festival is streaming free online this year, but those who pre-register can win passes for 2021.

Molotov cocktails thrown at Revelstoke home in arson attempt

The flames were extinguished before they spread

Stay Revy launches despite pandemic

The new vacation rental management company works with legal vacation rentals

Revelstokian raises money for mental health

A Revelstoke local recently raised $2,600 for mental health services at Community… Continue reading

371 British Columbians battling COVID-19, health officials confirm

Thursday (Aug. 6) saw a second straight day of nearly 50 new confirmed cases

Penticton man wakes to wildfire, forced to evacuate

A wildfire sparked off the side of Highway 97 near Penticton on Thursday

Anti-gang cops probe Kelowna’s street-level drug trade over B.C. Day long weekend

CFSEU’s Gang Enforcement Team was deployed to Kelowna last weekend

Man allegedly wielding knife at Kelowna Superstore arrested

The 29-year-old Kelowna man has been released on strict conditions for a future court date

Visitors and non-residents entering closed remote B.C. First Nation’s territories

With limited resources, they say they don’t have any authority or power to enforce the closures

UBC loses appeal on Fisheries Act convictions

BC Supreme Court upholds order to pay $1.55-million fine

Masks to be mandatory on BC Transit, TransLink starting Aug. 24

Both BC Transit and TransLink made the announcement in separate press releases on Thursday

Acclaimed B.C. actor Brent Carver passes away

Carver, one of Canada’s greatest actors with a career spanning 40 years, passed away at home in Cranbrook

Most Read