2018 Annual Financial Report

STATISTICAL REVIEW

Average Residential Tax and Utilities Bill

2018 Average Residential Tax and Utilities Bill*

Source: City of Surrey Finance Department

Garbage & Recycling, $287

General Municipal, $2,120

Sewer, $548

Water, $443

BC Assessment Authority, $45 GVTA, $237

GVRD, $48

School, $1,301

* Based on an Average Residential Dwelling with Assessed Value of $1,118,663. Note: If Eligible for full Provincial Home Owner Grant, taxes are reduced by $570 ($845 if over 65 years of age or disabled)

2018 Taxable Assessment and Taxation by Property Class Taxable Assessment and Taxation by Property Class

Source: City of Surrey Finance Department

100%

Taxation Revenue

Taxable Assessed Value

87.5%

80%

70.2%

60%

40%

23.2%

20%

10.3%

2.0% 4.4%

0.2% 2.3%

0%

Residential

Business

Industrial

Other

124