| Senanus Taxation |
Senanus Drive is referred to in Real Estate circles as a "Luxury" waterfront area.
Zoning: There are 64 properties in the proposed LSA catchment: 21 RE-3 properties on Senanus drive, and 43 A-1 Agricultural / farm properties along Mount Newton crossroad. This map shows property assessment values in the West versus East catchment.
- The average value of the 21 RE-3 zoned rural estate properties demanding the water main connection
is $2.3 Million. As currently proposed, these 21 homes will collectively shoulder 1/3 of the costs of the water main, with average taxation increases of 6.8%, assuming no project cost over-runs.
- Under the currently proposed arrangement, the approximately 40 farms in the East catchment, the majority of whom don't need water, will shoulder approximately 2/3 of the cost burden for the waterfront estate owners on Senanus, who are demanding the water, but will collectively pay approximately 1/3 of the costs - if the waterline proposal goes ahead.
- The proposal will, on a percentage basis, place the heaviest taxation burdens on those in the catchment area with the lowest assessed value properties. This conflicts with the intent of the principles of property taxation under the BC Assessment Act: "Property tax is a tax on wealth"
- Map showing estimated % annual taxation increases in RE-3 zoned West catchment, versus A-1 zoned East catchment.
- Assessed values by address for the area are available from BC Assessment, and are shown on this map.
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| CSWVA members taxation comments: |
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| Farm Taxation |
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| Public commentary re: Senanus waterline taxation imbalance |
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| District of Central Saanich |
- DCS typically places Section 57 Notices on Title on homes in the District which have multiple dwelling units.
This does not appear to have occurred in the case of Senanus properties. For example:
- Why do these properties appear to be treated differently by the District than properties in other areas in the District with respect to multiple dwellings?
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| BC Assessment Board Appeals |
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