Kelowna property owners are looking at municipal tax increase of 4.47 per cent, twice the current inflation rate, for next year.

The city proposes to take in $216 million in taxation in 2026, up from the $204 million it collected this year.

The owner of a typical Kelowna single-family home worth $950,000 would pay $2,707 in municipal taxes, or $115 more, under a civic budget to be considered by councillors next Thursday.

If approved by council - and recent practice has been for very little change to be made to the provisional budget - Kelowna’s municipal taxes will have risen approximately 16 per cent since the current council took office in the fall of 2022. During the same period, the inflation rate in Canada has been just over seven per cent, according to the Bank of Canada.

But Kel

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