Victoria indicatorsProperty tax increase adopted for the year
9.34% for residential properties
No target found. Who could set one: Victoria City Council. Targets and comparisons
Up 1.2 points in a year.
Source: City of Victoria. We read it on Nov 11, 2026.
Over time
2026 For residential properties, by year
- 9.34% for residential properties
M municipal election: Oct 17, 2026
Targets and comparisons
No target found
No target or limit for the yearly property tax increase found in Schedule 5 (objectives and policies) of the City’s Five Year Financial Plan Bylaw, 2026, as of November 12, 2026. Its only numeric policy is the cap on the business to residential tax ratio. Who could set one: Victoria City Council.
Source: Five Year Financial Plan Bylaw, 2026 (No. 26-040), Schedule 5, City of Victoria, adopted May 7, 2026. Area: City of Victoria. Updated: Yearly, with the City budget. Licence: Public document, not under an open licence. Quoted with attribution.
Show the numbers as a table
| Period | Value |
|---|---|
| 2026 | 9.34% |
| 2025 | 8.18% |
Who decides
City of Victoria Council. Adopts the financial plan by bylaw each year, then sets property tax rates by bylaw before May 15. Community Charter, s. 165
Show the 1 other body and the laws
| Body | What it decides | Law or bylaw | Last decision | Next decision |
|---|---|---|---|---|
| City of Victoria Council | Adopts the financial plan by bylaw each year, then sets property tax rates by bylaw before May 15. | Community Charter, s. 165 Community Charter, s. 197 | Five Year Financial Plan Bylaw, 2026 (No. 26-040) and 2026 tax rates adopted May 7, 2026 | 2027 financial plan, then tax rate bylaw before May 15, 2027 |
| Victoria and Esquimalt Police Board | Prepares the police budget, which the councils approve as part of the City’s spending. | Police Act, s. 27 | Provisional budget due to the councils by November 30, 2026 (Police Act, s. 27) |
Councils: last general local election October 17, 2026; next on October 19, 2030, the third Saturday of October set by the Local Government Act, s. 52.
Each row says what a body decides and links to the law, order or bylaw that gives it that role. It does not say who caused a change: markets, households and other governments also move these numbers. Who decides what, for every measure · How we choose
What this number does not show
- This is the change in total tax revenue from each property class, not the change on any one home: a home's bill also depends on how its assessed value changed relative to others.
One more limit
- The latest year is read from the City's budget page; 2025 is read from the City's 2025 property tax information sheet, which uses the same wording.
Not measured yet in city finances: city staff positions. See all 17 gaps
In plain words
The increase in property tax revenue the City set in its budget for the year, as split between residential and business properties and between police and other City services.
How we decide “Rising”
Taxes pay for services; whether they should rise or fall is a policy choice. The change is 14.2% of the earlier value, at or above the 5% threshold.
For 2026 the City needed $14.185 million more from property taxes, an overall increase of 7.28%: 5.06 percentage points for police services and 2.22 for all other City services. Council set the increase at 9.34% for residential and 4.78% for business properties.
Outcome measures read Better, Worse or About the same; published government targets read Ahead of, On or Behind target; value-judgement measures read Rising, Falling or Steady in a neutral colour. A change smaller than the agency's own margin of error, or otherwise smaller than 5% of the earlier value, is About the same (or Steady). No change is calculated across a marked break in a series. The rule.
All notes on this number
Why it matters. It is the number Council adopts each spring. It changes the total collected from each class of property, not any one home’s bill.
- This is the change in total tax revenue from each property class, not the change on any one home: a home's bill also depends on how its assessed value changed relative to others.
- The latest year is read from the City's budget page; 2025 is read from the City's 2025 property tax information sheet, which uses the same wording.
- The Five Year Financial Plan Bylaw, 2026 (No. 26-040, adopted May 7, 2026) sets property value taxes of $210,845,160 for 2026; homes pay $117,237,189 of it (55.60%), in its Schedule 5. The bylaw does not print the percentage increase, so the headline is the increase the City publishes for the same plan.
Which places
Area: City of Victoria
The City of Victoria municipality only, all neighbourhoods.
Included
- All City of Victoria neighbourhoods, including Downtown, James Bay, Fairfield, Fernwood, Oaklands, Hillside/Quadra, North Park, Burnside, Victoria West, Rockland, Jubilee and Gonzales
Not included
- Saanich, Oak Bay, Esquimalt, Langford and every other municipality in the region
Official definition
How the agency describes it: City of Victoria (municipality).
How we got it
This number is published by the agency as shown; it is not calculated here. The script reads it from the agency’s own document and refuses to show it unless the expected text is found.
Licence and credits
This figure is public but not under an open licence: the agency publishes it for anyone to read, and it is shown here with credit and a link to the agency’s terms. About licences.
- Published by
- City of Victoria, City Budget
- Licence
- Public data, not under an open licence. Used with attribution. Agency’s terms of use
- Updated by agency
- Annually (financial plan adopted by May 15); latest release Not stated by the agency
- Retrieved
- Nov 11, 2026, 9:11 PM B.C. time
Source: City of Victoria, City Budget. Public document, used with attribution; not endorsed by the publisher.
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