City of Surrey 2019 Annual Financial Report

STATISTICAL REVIEW

Taxable Assessment and Taxation Statistics

Source: City of Surrey Finance Department

2019

2015

2016

2017

2018

$ 96,956,178 $ 131,669,363

$ 150,039,107

Taxable Assessment (in thousands) Total Number of Assessed Properties Population (2015-2018 revised) Taxable Assessment Per Capita

$ 16 3 ,008,550

$ 88,997,764

153,874

157,784

157,594

160,831

149,592

539,630

549,440

557,390 269,182

571,610

530,770

$ 239,643

$

$ 285,174

$ 167,777 $ 179,672

Percentage of Taxable Assessment Represented by: Residential

86.2%

87.8%

87.5%

86.9%

86.1%

0.1% 0.1% 2.1%

0.1% 0.1% 1.8%

0.1% 0.1% 1.9%

0.1% 0.1% 2.0%

Utilities

0.1% 0.1% 2.1%

Major Industrial Light Industrial Business / Other

11.4%

10.1%

10.3%

10.8%

11.4%

0.1% 0.0%

0.1% 0.0%

0.1% 0.0%

0.1% 0.0%

Non-Profit Recreation

0.2% 0.0%

Farm

100.0%

100.0%

100.0%

100.0%

100.0%

Gross Taxes Collected (in thousands)* Current Year's Levy

$ 716,595

$ 761,023

$ 807,429

$ 644,878

$ 671,038

703,856

746,634

791,112

Current Taxes Collected Current Taxes Outstanding

631,661

659,284

$ 12,739

$ 14,389

$ 16,317

$

13,217

$

11,754

98.2%

98.1%

98.0%

Percentage of Taxes Collected

98.0%

98.2%

$ 1,304

$ 1,365

$ 1,413

Levy per Capita

$

1,215 $

1,244

* 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

$180

$160

$163

$150

$140

$132

$120

$100

$97

$89

$80

$60

$40

$20

$0

2015

2016

2017

2018

2019

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