2017 Finance Annual Report

STATISTICAL REVIEW

Taxable Assessment and Taxation Statistics

Source: City of Surrey Finance Department

2016

2017

2013

2014

2015

$ 96,956,178

Taxable Assessment (in thousands) Total Number of Assessed Properties

$ 131,669,363

$ 83,274,864

$ 85,098,327

$ 88,997,764

153,874

157,784

144,175

147,038

149,592

526,280

534,690

Population

501,510

507,580

516,650

$ 184,229

$ 246,254

Taxable Assessment Per Capita

$ 166,048

$ 167,655

$ 172,259

Percentage of Taxable Assessment Represented by: Residential

86.2%

87.8%

86.7%

86.2%

86.1%

0.1% 0.1% 2.1%

0.1% 0.1% 1.8%

Utilities

0.1% 0.1% 2.0%

0.1% 0.1% 2.1%

0.1% 0.1% 2.1%

Major Industrial Light Industrial Business / Other

11.4%

10.1%

10.9%

11.3%

11.4%

0.1% 0.0%

0.1% 0.0%

Non-Profit Recreation

0.2% 0.0%

0.2% 0.0%

0.2% 0.0%

Farm

100.0%

100.0%

100.0%

100.0%

100.0%

Gross Taxes Collected (in thousands)* Current Year's Levy

$ 671,038

$ 716,595

$ 575,771

$ 605,328

$ 644,878

659,284

703,856

Current Taxes Collected Current Taxes Outstanding

562,139

591,506

631,661

$ 11,754

$ 12,739

$

13,632

$

13,822

$

13,217

98.2%

98.2%

Percentage of Taxes Collected

97.6%

97.7%

98.0%

$ 1,275

$ 1,340

Levy per Capita

$

1,148

$

1,193

$

1,248

* Gross Taxes Collected includes City tax levies plus collections for other authorities, such as School and GVTA

Assessment for Taxation (in billions)

Source: City of Surrey Finance Department

$140

$132

$120

$100

$89

$80

$85

$83

$79

$60

$40

$20

$0

2013

2014

2015

2016

2017

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