Port Coquitlam 2024 property tax notices have been mailed and property owners should start receiving them this week. Property taxes are due Tuesday, July 2.
The City faced a variety of costs beyond its control in 2024, including inflation, escalating costs for goods and services, new responsibilities from provincial legislation, contract settlements, and rising costs from external service providers. More than two per cent of this year's 5.58 per cent municipal tax increase were related to rising RCMP costs.
Despite these challenges, Port Coquitlam's property tax increase this year is once again well below average in Metro Vancouver. Over the past five years, the City's average tax and utility increases have been half the regional average.
For 2024, the average residential property with an average assessment increase will see a total municipal tax increase of $117.39 made up of a $74.89 increase in property tax for City services and $42.50 for RCMP; a $62.67 increase for the solid waste levy (Applies to single-family homes only on City waste service); $13.95 increase in the water levy; and a $51.50 increase in the sewer levy. Water and sewer levies were due March 31. The primary driver for utility increases are higher external service provider costs from Metro Vancouver.
A newsletter accompanying the tax notice explains how the 2024 budget will be spent and includes updates on the latest City news.
Residents are encouraged to save time, avoid the lines at City Hall and pay using the following options:
- Online or by phone through a financial institution
- 12-digit number may be required:
- use the number 224 plus your folio number as your 9-digit account number.
- 12-digit number may be required:
- Mailing a cheque to City Hall:
- 2580 Shaughnessy Street, Port Coquitlam, V3C 2A8.
- At most banks or financial institutions.
- Using the secure drop box located at City Hall. Receipts will be mailed or emailed only upon request.
The annual Home Owner Grant must now be claimed online at gov.bc.ca/homeownergrant by the due date to avoid penalty and interest. Instructions for paying taxes and claiming the Home Owner Grant online, can be found at portcoquitlam.ca/taxes, along with more information about payment options. Payment details are also printed on the back of the tax notice.
A five per cent penalty will be applied to outstanding current balances after July 2, 2024 and an additional 5% penalty will be added after Sept 16, 2024. A penalty will be applied if a financial institution rejects payment, or if payment is received after the due date from a financial institution.
Property owners can also sign up for MyPortCoquitlam at portcoquitlam.ca/online to view and manage their city tax and utility bills online.
Other Available Supports:
- Sign up for the City's convenient prepayment plan to start saving for next year's utility and property tax bills by making manageable monthly payments. There are no administrative charges. Visit portcoquitlam.ca/prepayment for more information.
- Eligible property owners can also apply to the provincial property tax deferment program at gov.bc.ca/propertytaxdeferment.
If you did not receive your notice or for any inquiries please contact the Port Coquitlam Revenue Services Office at 604-927-5425 Monday to Friday from 8:30 a.m. to 4:30 p.m. or by email at [email protected].
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Media Contact
Ximena Ibacache
Manager of Communications & Administrative Services
City of Port Coquitlam
Tel 604.927.5499
Email [email protected]