2024 Property Tax and Penalty Due Dates

To provide Council with options for the City of Nanaimo’s 2024 and future property tax penalty rates and effective dates.

That the Finance and Audit Committee recommend that Council: 1. Keep the property tax due date as the first business day in July each year. 2. Set the first property tax penalty rate at 2%; applied after the property tax due date each year. 3. Set the second property tax penalty rate at 8%; applied after the last business day of August each year.