Average Revelstoke property assessment increases by 32%
The fairly substantial increase in the typical assessed value of properties in Revelstoke might not necessarily translate into higher property taxes for residents.
The fairly substantial increase in the typical assessed value of properties in Revelstoke might not necessarily translate into higher property taxes for residents.
The City of Revelstoke will have to pay back about $1.5 million and will lose about half a million in tax revenue annually on an ongoing basis.