On April 14, 2026, Council approved City of Kamloops Financial Plan Bylaw No. 16-331, 2026, setting the scheduled revenues and expenditures for the next five years. The final session of public engagement on the budget in January and February showed strong support for tax-cutting measures, which helped Council make decisions to bring the 2026 tax requirement down to $173.3 million, which is equal to a tax increase of 5.7%.

The final service level impacts from the approved budget include:

• increasing the vacancy allowance for RCMP members from 5% to 6.5%, and deferring the recruitment of five RCMP members for half of a year in 2026
• deferring hiring 10 Fire Station No. 6 firefighters, resulting in a full complement of staff in 2028 instead of in 2027
• reducing ground maintenance by changing the mowing frequency for passive turf areas, including passive areas within cemeteries, from every seven days to every 10 days
• eliminating all lawn mowing, flower beds, litter control, and weed control on non-City-owned land.
• eliminating regular grading and dust suppressant activities on laneways in the spring and moving to a complaint-based response.
• moving to a complaint-based service level for non-regulatory signage maintenance and cleaning throughout the city

Council committed to ongoing funding for the Community Climate Action Plan ($1.54 million this year), but without the scheduled 0.35% increase in 2026.

With the financial plan finalized and bylaws adopted, Council can proceed with 2026 property taxation. The tax rates are based on the revised BC Assessment Roll Report from March 2026 and the property tax requirements from the 2026 final budget figures. Tax rates are set as an amount per $1,000 of a property’s value. Property tax notices will be sent out in mid-May. More information on property taxes is available at Kamloops.ca/PropertyTax.

2026 Property Taxes by Class

Class	2025 Mill Rate ($ per $1,000 of assessed value)	2026 Preliminary Proposed Mill Rate ($ per $1,000 of assessed value)	Expected Tax Revenue ($000’s)	% of Total Tax Revenue
1, Residential	4.39	4.65	$113,487	65.50%
2, Utilities	40.00	40.00	$6,261	3.61%
4, Major Industry	44.91	45.68	$4,926	2.84%
5, Light Industry	14.49	14.92	$3,022	1.74%
6, Business and Other	11.39	11.93	$45,138	26.05%
8, Recreational Property, Non-Profit Organization	15.07	15.91	$336	0.19%
9, Farm	17.13	18.11	$99	0.06%
Total			$173,269	100%

2026 Property Tax Rates, Including All Other External Agencies

Class	Municipal	BCAA	MFA	SD73	TNRD	TRHD	Total
1, Residential	4.6500	0.0381	0.0002	1.5977	0.2537	0.3138	6.8535
2, Utilities	40.0000	0.4142	0.0007	12.0600	0.8880	1.0983	54.4612
4, Major Industry	45.6800	0.4488	0.0007	1.6200	0.8626	1.0669	49.6790
5, Light Industry	14.9200	0.1127	0.0007	4.0400	0.8626	1.0669	21.0029
6, Business and Other	11.9300	0.1130	0.0005	4.0400	0.6216	0.7688	17.4739
8, Recreational Property, Non-Profit Organization	15.9100	0.0391	0.0002	2.3800	0.2537	0.3138	18.896
9, Farm	18.1100	0.0350	0.0002	7.6700	0.2537	0.3138	26.3827