The Princeton & District Aquatic Centre Referendum Committee is answering many questions regarding the parcel tax and how it affects individual property owners. The Committee recommends that you contact Princeton Town Hall or the RDOS Office regarding your personal property tax notices for your own personal understanding of your own taxes. Below are answers to some basic questions but as everyone is unique please review your tax notice and contact your appropriate governing body.
The main question that keeps coming up from the community is: If my home, business, or cabin is situated on one or more parcels of land do I have to pay for each parcel of land with improvements on them? It all depends if the parcels of land with improvements on it is considered one folio or not. Do you receive one tax notice for everything as it is one folio or do you receive multiple tax notices for your home and then your garage? Every land owner is unique in our vast community and should take the time to understand their personal taxes.
An example from the Area is a land owner who has five parcels of land with a home, garage and another building on three separate parcels of land but is considered one folio for their property taxes. This property owner will only pay the one parcel tax.
Another example from the Area is a land owner who has three parcels of land with a home and garage on it. This land owner receives two property taxes seperately for their home and garage as their land is subdivided and considered two separate folios. In this case the land owner will be paying a parcel tax for these separate parcels of land.
If you receive property taxes for land with no improvements on it then the aquatic centre parcel tax does not apply.
If you own a home in Area H, rental home in Princeton and own the land that your business operates on then you will be taxed accordingly for three separate parcels of land.
Currently the aquatic centre parcel tax will be taxed to 3344 parcels of land. At this time the government does not recognize parcels of land under development such as the subdivisions and businesspark being built in Princeton or homes under construction in Area H. In the future as the area continues to grow and additional parcels of land are developed this cost will be shared by more and more parcels of land with improvements on them.
The Princeton and District Aquatic Centre Referendum Committee recommend that you contact us at ice@nethop.net or call 250-295-7222, the RDOS Office at 1-877-610-3737 or Princeton Town Hall at 250-295-3135 if you require clarification on your person property taxes.
Princeton and District Aquatic Centre Referendum Committee