2025 Tax Matters Brochure

TAX 2025 MATTERS City of Surrey

How Your Tax Dollars are Spent

NEWTON COMMUNITY CENTRE The largest-ever capital project in the City of Surrey’s history CLOVERDALE SPORT & ICE COMPLEX Increased the project from two to three NHL-sized ice sheets $ 310.6 M $ 132.8 M Council has approved an historical capital program of 36 projects– 10 of which are new this year. INVESTING IN COMMUNITY $ 701 M

As one of British Columbia’s fastest growing cities, Surrey is constantly undergoing major transformation to meet the needs of its growing population. Over the next five years, the City of Surrey will invest close to $1.59 billion into capital infrastructure and construction projects, ensuring our city continues to advance as one of Canada’s most vibrant, livable cities.

ROAD UPGRADES $446M over five years to enhance the city’s road network

SPORTS & ENTERTAINMENT ARENA 10,000 SEAT in City Centre Entertainment District

Learn more at surrey.ca/capitalprojects

Your City Tax Dollars at Work

The rest - 56% - is used to provide public services and invest in recreational facilities, parks, transportation infrastructure and arts and culture amenities to ensure our city continues to advance as one of Canada’s most vibrant and livable cities.

The City of Surrey collects property taxes on behalf of the Province of BC,TransLink, BC Assessment, Metro Vancouver and other authorities. Nearly 44% of property taxes collected are passed on to these authorities to pay for schools and other regional services.

Comparison of 2025 Estimated General Municipal Taxes for Residential*

Police Services 18.78%

Parks, Recreation & Culture 9.62%

Metro Vancouver 1.52%

Port Moody Vancouver White Rock West Vancouver

BC Assessment 0.98%

Fire Services 7.63%

Richmond Coquitlam North Vancouver District North Vancouver City New Westminster

TransLink 7.79%

Roads & Traffic Safety 4.07%

56%

44%

Province of BC - School 33.56%

Langley Township Port Coquitlam Pitt Meadows Surrey Langley City Burnaby Maple Ridge Delta

Drainage 3.73%

Garbage & Recycling 3.58%

Bylaw Services 1.11%

General 5.38% Planning & Development 0.26%

Library Services 1.99%

$-

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

Provincial Authorities and Metro Vancouver City of Surrey

Based on 2025 Budget

* Based on Representative (Average) Single Family home in each municipality per BC Local Government Statistics and published municipal tax increase %

Is Your Suite Registered? Property owners must declare the number of additional dwelling units (e.g., basement, garden, or coach house suites) on their property. Properties with additional units are billed an $893.00 per suite service fee in 2025, reflecting the extra demand suites and additional dwellings place on Surrey’s amenities and services.

Any suite identified that has not been registered will be subject to the applicable fees and a $1,000 penalty per suite. A declaration form is on our website, and owners should update it when suite numbers change. For more details or to check your suite’s registration status, visit surrey.ca/suites .

Explore how we create a

Property Tax Payment Options

balanced budget surrey.ca/ budget

Visit surrey.ca/propertytaxes or see the back of your tax notice for information on ways to pay your property taxes: • Online or telephone banking • At your financial institution • 24 hour drop off (City Hall P1 parkade level, mail slot on south side of the building) • In person (City Hall and the Surrey Operations Centre) • Property Tax Deferment (loan program with the Province of BC) • Pre-authorized payment plan (prepay for 2026 taxes)

Comparison of 2025 Estimated General Municipal Taxes for Business* Municipal Taxes for Business *

Pitt Meadows Coquitlam New Westminster Burnaby Vancouver Langley City Delta Port Coquitlam Langley Township North Vancouver City Port Moody Surrey Maple Ridge North Vancouver District Richmond West Vancouver White Rock

Credit cards are not accepted for property taxes or utilities.

Parking is limited at the Surrey Operations Centre.

Sign Up for MyPropertyAccounts & e-Billing Register at surrey.ca/mypropertyaccounts for the following services:

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

* Based on Average Business Value (total business assessment/# of businesses) in each municipality per BC Assessments and published municipal tax increase %

How to Apply for the Home Owner Grant Online gov.bc.ca/homeownergrant Call 1-888-355-2700 The City of Surrey cannot process your Home Owner Grant.

Register for e-Billing by logging into your account

Property tax, utility and dog license renewal bills by email

To register, you will need the folio or account number and the access code from your bill. The City will email when your bill is ready to view online.

You can also use MyPropertyAccounts to: • Access assessment values

• View current and past tax and utility bills and payments • Monitor water consumption history (metered customers) • Make changes to your dog account, apply for a senior discount or request a fee reduction if your dog is spayed or neutered

Property Tax Deferments

Mayor’s Message

The Province of BC offers low interest loan programs to help qualified BC homeowners pay all or part of their annual property taxes on their principal residence. There are two programs available to property owners who live in their home and meet the eligibility requirements, a Families with Children program, and the Regular Tax Deferment program. For more information on deferment programs or to apply online visit gov.bc.ca/propertytaxdeferment or call 1-888-355-2700 . Some of the items on your tax notice cannot be deferred. Owners are required to make payment for user fees (garbage, recycling, organics and/or secondary suite fees), if applicable, and claim your Home Owner Grant, if eligible, to avoid penalties. If the deferral application is not approved, a penalty may apply. Contact Property and Payment Services for information on the non-deferrable portion of your bill, and your payment options. Call 604-591-4181 or visit surrey.ca/propertytaxes . Paying Out Your Existing Loan: You can repay all or part of your tax deferment loan any time during the year. Payments must be made directly to the Province of BC. Loan repayments should not be made to the City. Contact the Tax Deferment Office for more information at 1-888-355-2700 or TaxDeferment@gov.bc.ca .

In these challenging and uncertain economic times, Council is addressing affordability by keeping taxes low while addressing

the needs of our growing community. Last year, we reached a critical crossroads regarding our police service. Faced with the looming challenge of funding the imposed Surrey Police Service, we recognized that substantial tax increases would not be in the best interest of our residents. In response, our Council took decisive action to challenge this, successfully negotiating provincial funding of up to $250 million to help offset these costs. This critical support has enabled us to propose a modest property tax increase of just 2.8% plus a 1% road levy increase, among the lowest in the Metro Vancouver area. In addition to maintaining affordability, we have made it a priority to invest directly in the safety of our community. For 2025, we plan to hire 20 additional Fire Services positions and 10 bylaw enforcement officers, along with funding 25 new police positions, as we have the past two years. These measures reflect our unwavering commitment to ensuring a safe and secure city for all. Moreover, we are embarking on an ambitious $701 million Capital Plan that will fund 36 projects over the next five years that will transform our city. Key initiatives include a 10,000-seat Sports and Entertainment Arena, new and expanded ice and community centers, sports fields and an interactive Art Museum in City Centre. From new road construction to the creation of new entertainment districts, Council is making historic investments to ensure our City remains, vibrant and sustainable not only for the Surrey of today, but for future generations.

144509 / 2025

Questions?

250-387-0555 (option 1)

School Taxes

604-953-3333 866-825-8322 250-383-1181

Translink

BC Assessment

Municipal Finance Authority

Surrey Property and Payment Services: surrey.ca/propertytaxes or 604-591-4181

surrey.ca