City of Surrey's Annual Financial Report 2021

STATISTICAL REVIEW

Average Residential Tax and Utilities Bill

2021 Average Residential Tax and Utilities Bill*

Source: City of Surrey Finance Department

Translink, $302

General Municipal, $2,479

Water, $478

Sewer & Drainage, $622

Metro Vancouver, $63

Garbage & Recycling, $307

BC Assessment Authority, $48

School, $1,393

*Based on an Average Residential Dwelling with Assessed Value of $1,166,370. 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

2021 Taxable Assessment and Taxation by Property Class

Source: City of Surrey Finance Department

100%

Taxation Revenue

Taxable Assessed Value

84.9%

80%

69.3%

60%

40%

23.5%

20%

12.2%

2.7% 4.8%

0.2% 2.4%

0%

Residential

Business

Industrial

Other

98