Richmond, BC · Municipal tax and spending

Richmond Property Tax 2026

Council-approved municipal rate increases of 5.89%, 5.62%, 5.86% and 3.04% compound to approximately 22% across 2023–2026.

Check the 2026 City financial plan →

What the number means

FOUR-YEAR MUNICIPAL INCREASE

This is the municipal tax-rate component, not the total bill and not a property-specific calculation. Your bill also depends on assessed value and other taxing authorities.

5.89%2023
5.62%2024
5.86%2025
3.04%2026

Sources: City of Richmond 2026–2030 Financial Plan · Official property-tax services and account information.

Smart Richmond's measurable target

LOWER THE MUNICIPAL BURDEN

These are Smart Richmond proposals, not commitments by the recommended candidates. Target annual municipal increases of no more than 2.0%, 1.0%, 0.5%, then 0% or below by Year 4, while publishing operating growth, contracts, savings, reserves and service results.

See the full tax-and-spending evidence Richmond Election 2026 guide

This information page does not accept tax payments or provide account balances. Use the official City link above for those services.