Light industry typically pays more property taxes per $1000 of assessed land value than residential or business class property. This difference describes the proportional share of the tax burden borne by light industry. A lower light industry class tax multiple is one of several factors that shows how “industry-friendly” a community is.
In comparing 2013 taxes for municipalities across the North Okanagan and Columbia-Shuswap, Enderby boasts the lowest light industry class tax multiple.
| Community | Tax Multiple |
|---|---|
| Enderby | 2.5866 |
| Coldstream | 2.9500 |
| Spallumcheen | 3.3000 |
| Lumby | 3.4740 |
| Golden | 3.5099 |
| Vernon | 3.5522 |
| Salmon Arm | 3.8915 |
| Sicamous | 4.0529 |
| Armstrong | 5.7676 |
| Revelstoke | 7.1150 |
Last Updated on January 18, 2015.