How do you calculate property tax bill for British Columbia?

In British Columbia, property tax is calculated by multiplying the assessed value of the property by the applicable tax rate, which is set by the local government. The assessed value is determined annually by BC Assessment based on the market value of the property as of July 1 of the previous year. The tax rate is expressed in mills or as a percentage and can vary depending on the municipality and the type of property. Additional charges may apply for services like garbage collection or infrastructure improvements, which can also affect the total property tax bill.