2018 Annual Financial Report

STATISTICAL REVIEW

Taxable Assessment and Taxation Statistics

Source: City of Surrey Finance Department

2018

2014

2015

2016

2017

$ 96,956,178

$ 131,669,363

Taxable Assessment (in thousands) Total Number of Assessed Properties

$ 150,039,107

$ 83,274,864

$ 85,098,325

153,874

157,784

157,594

147,038

149,592

547,350

557,313 212,467

567,688

Population

529,265

538,349

$ 156,918

$

$ 237,160

Taxable Assessment Per Capita

$ 157,341 $ 158,073

Percentage of Taxable Assessment Represented by: Residential

86.2%

87.8%

87.5%

86.2%

86.2%

0.1% 0.1% 2.1%

0.1% 0.1% 1.8%

0.1% 0.1% 1.9%

Utilities

0.1% 0.1% 2.1%

0.1% 0.1% 2.1%

Major Industrial Light Industrial Business / Other

11.4%

10.1%

10.3%

11.3%

11.3%

0.1% 0.0%

0.1% 0.0%

0.1% 0.0%

Non-Profit Recreation

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

$ 761,023

$ 575,771

$ 605,328

659,284

703,856

746,634

Current Taxes Collected Current Taxes Outstanding

561,949

592,111

$ 11,754

$ 12,739

$ 14,389

$

13,822

$

13,217

98.2%

98.2%

98.1%

Percentage of Taxes Collected

97.6%

97.8%

$ 1,226

$ 1,286

$ 1,341

Levy per Capita

$

1,088 $

1,124

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

Assessment for Taxation

Assessment for Taxation (in billions)

Source: City of Surrey Finance Department

$160

$140

$150

$132

$120

$100

$97

$80

$89

$85

$60

$40

$20

$0

2014

2015

2016

2017

2018

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