What Residents Need To Know About Services Levy And Property Taxes

Owners of residential properties in the UBC neighbourhoods pay a Services Levy to UBC and a Rural Property Tax to the Province. They are based on the assessed value of the owner’s property and the mill rates for the Services Levy and taxes.

The assessed values of properties are determined by the BC Assessment Authority as of July 1 each year and are used as the basis for taxes and Services Levy in the following year. Owners receive their Property Assessment Notice early in January.

The payment date for the Services Levy for 2025 is on August 6, 2025. Expect to receive your 2025 Services Levy Notice in the mail by the first or second week of July.

Rural Property Taxes are payable at the beginning of July.

Services Levy

The Services Levy is payable pursuant to a term of each owner’s lease agreement with UBC. The leases provide that the mill rate for the Services Levy is set so that the sum of the taxes and Services Levy payable by an owner is equal to the total amount of taxes that would be payable by a property owner in Vancouver whose property has the same assessed value.

The Services Levy is collected by UBC and deposited into the Neighbours’ Fund. Along with its other revenues, the Neighbours’ Fund pays for services in the community. These include water and sewage, fire services, parking, emergency management, road maintenance, lighting, landscaping, recreation and athletic services, community support and access, and more.

Learn more about what the Services Levy is used for by visiting myuna.ca/serviceslevy. Learn more about how to pay the Services Levy by visiting finance.ubc.ca/services-levy.

Rural Property Tax

One of the taxes payable by owners of property in the UBC neighbourhoods is the provincial rural property tax. This is a tax payable by owners of property that is not in a municipality. It helps pay for the maintenance of secondary highways and for policing.

Other Taxes 

Apart from the Services Levy and property taxes, other taxes payable by property owners in the UBC neighbourhoods include: school tax (collected by the province on behalf of the Vancouver School Board), police tax (the Province uses this tax to partially cover the cost of policing in small municipalities and in areas that are not in a municipality), TransLink tax (collected by the Province on behalf of TransLink) and Metro Vancouver tax (collected by the province on behalf of the regional government, Metro Vancouver).

Who to Contact

• For Services Levy

Website: finance.ubc.ca/services-levy
Email: levy@finance.ubc.ca 
Phone: 604-822-3596 (Voice messages)

• For Property Taxes

Website: gov.bc.ca/ruralpropertytax
Phone: 1-888-355-2700

• For Property Assessments

Website: bcassessment.ca
Phone: 1-866-825-8322