Annual Financial Report 2020

STATISTICAL REVIEW

Average Residential Tax and Utilities Bill

2020 Average Residential Tax and Utilities Bill*

Source: City of Surrey Finance Department

Garbage & Recycling, $298

General Municipal, $2,193

Water, $464

Sewer & Drainage, $601

BC Assessment Authority, $47 Translink, $279 Metro Vancouver, $55

School, $1,359

* Based on an Average Residential Dwelling with Assessed Value of $1,109,084. Note: If Eligible for full Provincial Home Owner Grant, taxes are reduced by $570 ($845 if over 65 years of age or disabled)

Taxable Assessment and Taxation by Property Class

2020 Taxable Assessment and Taxation by Property Class

Source: City of Surrey Finance Department

100%

Taxation Revenue

Taxable Assessed Value

84.9%

80%

74.5%

60%

40%

19.3%

20%

12.4%

2.4% 3.6%

0.2% 2.6%

0%

Residential

Business

Industrial

Other

106