City of Surrey's 2023 Annual Financial Report

STATISTICAL REVIEW

Average Residential Tax and Utilities Bill - page 2

2023 Average Residential Tax and Utilities Bill*

Source: City of Surrey Finance Department

Metro Vancouver, $88

BC Assessment Authority, $58

Translink, $380

School, $1,659

General Municipal, $2,902

Garbage & Recycling, $334

Water, $513

Sewer & Drainage, $712

*Based on an Average Residential Dwelling with Assessed Value of $1,736,132. 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 - page 3

2023 Taxable Assessment and Taxation by Property Class

Source: City of Surrey Finance Department

100%

Taxable Assessed Value

Taxation Revenue

83.6%

80%

67.7%

60%

40%

24.6%

20%

13.1%

3.2% 5.1%

2.6%

0.1%

0%

Residential

Business

Industrial

Other

107