Creston Valley Advance, January 10, 2013

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We’re so proud of you, Lori! Serving the Creston Valley since 1948

Volume 65, No. 2

Thursday, January 10, 2013

$1.00 (plus HST)

Brian Lawrence

INCREDIBLE JOURNEY — Lori Wikdahl (centre) completed a journey on Tuesday afternoon, having walked 40,007 kilometres (the circumference of the Earth at its poles) since she was diagnosed with

multiple sclerosis in 2002. She started the 4.5 billion-step trek in 2003 by walking across Canada in 287 days — the first woman in Canada to do so. The ribbon at the reception was held by Regional District of Central Kootenay Area C director Larry Binks (left) and Dave St. Germain.

Property values see slight decrease from 2012 BY LORNE ECKERSLEY Advance Staff

TODAY'S WEATHER

Property owners in the Creston Valley and East Shore shouldn’t be in for much of a surprise when they open their 2013 assessment notices this week. “Assessments in the Kootenay Lake

area have decreased modestly from the 2012 assessment roll,” said Dennis Hickson, deputy assessor for BC Assessment, from his office in Nelson. “For example, a typical single family home in Creston that was valued at $277,000 for the 2012 assessment roll is valued at $267,000 for the 2013 assessment

This week's weather artist:

Eva Nadler, Erickson Elementary School

DISCOVERY REAL ESTATE

Local Expertise Global Network

Wellness team adds members Page 3

There may

tax rates, so a decrease in value from last year will not necessarily be reflected in a corresponding decrease in tax rates. Municipalities and regional districts determine their 2013-14 budget needs, and then tax rates are calculated. Local tax rates are not set until later in the winter. See PROPERTY, page 3

roll. In Kaslo, a single family home that was valued at $186,000 for the 2012 assessment roll is valued at $179,000 for 2013.” Creston area owners of commercial and industrial property can expect assessments in the plus- or minus-five per cent range, he added. Assessments are not directly related to

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