The District of Peachland approved a 4.87 per cent property tax increase at a recent special council meeting. At the Tuesday, May 5 meeting, the district adopted its parcel tax bylaws for 2026 and gave the first three readings of its financial plan and tax rate bylaws for the year. With the approval of 4.87 per cent, the average Peachland homeowner, based on a home assessed at $875,700, will see their property tax rise by approximately $80, or a…