Finance
Dollars & Sense
The Financial Services Department is responsible for short and long-term financial planning, tangible capital asset management, internal and external financial reporting, management of cash and investments, property tax, utilities, accounts payable and receivable, and all other general municipal accounting. The department acts as a leader in financial management for the organization.
Financial Services
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Name & Address Changes
It is important to keep your address current for property assessment and taxation purposes. The mailing address that appears on the tax and utility notice is updated through BC Assessment. Only registered owners may request a change of mailing address.
Change of Mailing Address Form
The request form will update the following:
- BC Assessment Records
- Property Tax Notices
- Metered Water and Sewer Utility Notices
We will forward any requests received by our office to the BC Assessment Authority.
All name changes on your property are administered by:
BC Assessment Authority, Central Vancouver Island
Phone: 250-753-6621 / 1-800-977-2775
Fax: 250-754-1890
Email BC Assessment
Location & Mailing Address:
#300 - 125 Wallace Street
Nanaimo, BC V9R 5B2
The District of Tofino receives the updated information from the BC Assessment Authority in about 6 weeks.
Home Owner Grant
Home Owner Grant applications are submitted directly to the Province.
The Home Owner Grant is governed and managed by the Ministry of Finance to help reduce the residential property tax British Columbians pay. The grant amount is first applied to the school taxes levied on the principal residence and then to municipal taxes. The grant is available to Canadian citizens or landed immigrants who live in British Columbia, and they must occupy the home as their principal residence.
You must apply for the grant each year after you receive your property tax notice and before December 31. The grant is applied toward the current year's property tax.
Permissive Tax Exemptions
Section 220 of the Community Charter provides for statutory tax exemptions for a range of properties, including those held or used by the Province, municipalities, regional districts, libraries, hospitals, schools, cemeteries, and places for public worship.
Permissive Tax Exemption Policy
The Permissive Tax Exemption policy applies to applicants for properties used by a variety of not-for-profit organizations that provide services that Council considers are directly related to the organization's purposes. Exemptions under this section are at the sole discretion of Council.