Kelowna city council will be looking at a possible 4.76 per cent tax hike when it sits down for day-long budget deliberations on Dec. 7.

If approved, it would result in a $112.95 increase ($9.41 per month) for a single-detached home with an average value determined by BC Assessment.

The proposed increase includes the addition of the one per cent public safety levy which was introduced and endorsed by council in 2023.

Council approved a 3.80 per cent tax increase during budget deliberations in Dec. 2022.

READ MORE: Kelowna council approves less than 4 per cent property tax increase

According to a media release from the city, Budget 2024 priorities include investments in community safety, addressing homelessness, transit infrastructure, and focusing on the impacts of climate change.

On average, once the financial plan is adopted by council in April and the annual tax rate is set, the city generates approximately 75 per cent of total annual revenue through sources other than yearly property taxation.

More information about the 2024 budget is available on the .

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