2019-2023 Financial Plan

COMPARATIVE CHARGES ON A RESIDENTIAL DWELLING Based on Average Assessment of the Taxing Authority

2018

Surrey

Langley Township 942,948 $

New Westminster 1,174,660 $

% Change

Burnaby

Richmond Coquitlam Delta

2018

2017

Average Assessment

1,650,008 $

1,700,155 $

1,270,465 $

1,033,862 $

$

1,118,663

1,030,793

8.5%

Levies

School

1,715

1,170

1,442

1,815

1,443

1,171

1,301

1,296

0.4% 4.2%

BCA, MFA and Other

416

238

296

428

320

261

282

271

MVRD

69

41

55

72

56

46

48

43

11.2%

2,200 2,485 4,685

1,449 2,050 3,499

1,793 2,974 4,766

2,316 2,576 4,892

1,819 2,569 4,388

1,477 2,395 3,873

1,631 2,020 3,651

1,609 1,953 3,562

1.3% 3.4% 2.5%

General

Total Taxes

User Rates

Total Res. User Fees

1,195

1,232

1,470

1,210

1,227

852

1,277

986 321

29.6%

Parcel Taxes

0

0

0

0

0

0

323

0.6%

1,195

1,232

1,470

1,210

1,227

852

1,600

1,307

22.5%

Total Taxes and User Rates

$

5,880

$

4,731

$

6,236

$

6,102

$

5,615

$

4,725

$

5,251

$

4,869

7.8%

0.1%

27.0%

Class 1 - Residential (65.4%)

Class 2 - Utilities (2.5%)

Class 4 - Major Industry (0.3%)

Class 5 - Light Industry (4.8%)

65.4%

4.8%

Class 6 - Business Other (27.0%)

0.3%

Class 8 - Recreational Property, Non-profit Organization (0.1%)

2.5%

65