Financial Annual Report 2016

STATISTICAL REVIEW

Taxable Assessment and Taxation Statistics

Source: City of Surrey Financial Services Division

2016

2012

2013

2014

2015

Taxable Assessment (in thousands) Total Number of Assessed Properties

$96,956,178

$ 79,194,334

$ 83,274,864

$ 85,098,327

$ 88,997,764

153,874

141,905

144,175

147,038

149,592

526,280 $184,229

Population

493,430

501,960

508,040

516,650

Taxable Assessment Per Capita

$ 160,498

$ 165,899

$ 167,503

$ 172,259

Percentage of Taxable Assessment Represented by: Residential

86.2%

86.8%

86.7%

86.2%

86.1%

0.1% 0.1% 2.0%

Utilities

0.1% 0.1% 1.9%

0.1% 0.1% 2.0%

0.1% 0.1% 2.1%

0.1% 0.1% 2.1%

Major Industrial Light Industrial Business / Other

11.4%

10.9%

10.9%

11.3%

11.4%

0.1% 0.0%

Non-Profit Recreation

0.2% 0.0%

0.2% 0.0%

0.2% 0.0%

0.2% 0.0%

Farm

100.0%

100.0%

100.0%

100.0%

100.0%

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

$671,038 659,284 $11,754

$ 541,461

$ 575,771

$ 605,328

$ 644,878

Current Taxes Collected Current Taxes Outstanding

462,922

487,844

591,506

631,661

$

13,066

$

13,632

$

13,822

$

13,217

98.2% $1,275

Percentage of Taxes Collected

97.3%

97.3%

97.7%

97.6%

Levy per Capita

$

1,098

$

1,148

$

1,193

$

1,248

* Gross Taxes Collected includes City tax levies plus collections for other authorities, such as School and GVTA

Assessment for Taxation (in billions)

Source: City of Surrey Financial Services Division

$100

$97.0

$90

$89.0

$85.1

$80

$83.3

$79.2

$70

$60

$50

$40

2012

2013

2014

2015

2016

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