City of Surrey 2019 Annual Financial Report

STATISTICAL REVIEW

Average Residential Tax and Utilities Bill

2019 Average Residential Tax and Utilities Bill*

Source: City of Surrey Finance Department

Garbage & Recycling, $290

General Municipal, $2,128

Water, $461

Sewer, $598

BC Assessment Authority, $45 GVTA, $256 GVRD, $47

School, $1,312

* Based on an Average Residential Dwelling with Assessed Value of $1,154,131. 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

2019 Taxable Assessment and Taxation by Property Class

Source: City of Surrey Finance Department

100%

Taxation Revenue

Taxable Assessed Value

86.9%

80%

71.1%

60%

40%

22.5%

20%

10.3%

2.1% 4.1%

0.2% 2.4%

0%

Residential

Business

Industrial

Other

102