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General Assessment and Taxation Statistics

Source: City of Surrey Financial Services Division

2011

2012

2013

2014

2015

General Assessment

(in thousands)

$ 73,438,438

$ 79,194,334

$ 83,274,864

$ 85,098,327

$ 88,997,764

Total Number of Assessed Properties

138,932

141,905

144,175

147,038

149,592

Population

484,150

493,430

501,960

508,040

516,650

General Assessment Per Capita

$ 151,685

$ 160,498

$ 165,899

$ 167,503

$ 172,259

Percentage of General Assessment Represented by:

Residential

87.1%

86.8%

86.7%

86.2%

86.1%

Utilities

0.1%

0.1%

0.1%

0.1%

0.1%

Major Industrial

0.2%

0.1%

0.1%

0.1%

0.1%

Light Industrial

1.7%

1.9%

2.0%

2.1%

2.1%

Business / Other

10.7%

10.9%

10.9%

11.3%

11.4%

Non-Profit Recreation

0.2%

0.2%

0.2%

0.2%

0.2%

Farm

0.0%

0.0%

0.0%

0.0%

0.0%

100.0%

100.0%

100.0%

100.0%

100.0%

Taxes Collected

(in thousands)

Current Year's Levy

$ 512,194

$ 541,461

$ 575,771

$ 605,328

$ 644,878

Current Taxes Collected

499,768

462,922

487,844

591,506

631,661

Current Taxes Outstanding

$

12,577

$

13,066

$

13,632

$

13,822

$

13,217

Percentage of Taxes Collected

97.5%

97.3%

97.3%

97.7%

97.6%

Levy per Capita

$

1,058

$

1,098

$

1,148

$

1,193

$

1,248

Assessment for General Taxation

(in billions)

Source: City of Surrey Financial Services Division

$40

$50

$60

$70

$80

$90

2015

2014

2013

2012

2011

$73.4

$79.2

$83.3

$85.1

$89.0

25

STATISTICAL REVIEW