City of Surrey's 2024 Annual Financial Report

STATISTICAL REVIEW

Average Residential Tax and Utilities Bill - page 2

2024 Average Residential Tax and Utilities Bill*

Source: City of Surrey Finance Department

Metro Vancouver, $96

BC Assessment Authority, $60

Translink, $471

School, $1,722

General Municipal, $3,064

Garbage & Recycling, $337

Water, $532

Sewer & Drainage, $798

*Based on an Average Residential Dwelling with Assessed Value of $1,741,553. 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

2024 Taxable Assessment and Taxation by Property Class

Source: City of Surrey Finance Department

100%

Taxable Assessed Value

Taxation Revenue

82.2%

80%

66.8%

60%

40%

25.1%

20%

13.9%

3.7% 5.5%

2.6%

0.2%

0%

Residential

Business

Industrial

Other

103