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Major Revenue Sources
2016-2020 FINANCIAL PLAN
COMPARATIVE CHARGES ON A RESIDENTIAL DWELLING
Based on average assessment of the taxing authority
2015 PROPERTY TAXES BY CLASS ASSESSMENT CODES
Based on total taxes collected for the year 2015 ($548,762,940.04)
65.0%
2.7%
0.3%
4.8%
27.0%
0.2%
Class 1 ‐ Residential (65.0%)
Class 2 ‐ Utilities (2.7%)
Class 4 ‐ Major Industry (0.3%)
Class 5 ‐ Light Industry (4.8%)
Class 6 ‐ Business Other (27.0%)
Class 8 ‐ Recreational Property,
Non‐profit Organization (0.2%)
Class 9 ‐ Farm Land (0.0%)
Burnaby
Langley
(Township)
New
Westminster
Richmond Coquitlam Delta
2015
2014
%
Change
Average Assessment
994,435
$
547,376
$
708,280
$
1,008,269
$
739,877
$
615,809
$
671,187
$
647,911
$
3.6%
994,435
547,376
708,280
1,008,269
739,877
615,809
671,187
647,911
3.6%
Levies
School
1,539
1,046
1,303
1,580
1,271
1,051
1,166
1,155
0.9%
BCA, MFA and Other
375
206
267
380
279
232
253
255
-0.8%
GVRD
54
31
43
54
43
35
37
38
-2.6%
1,968
1,283
1,613
2,014
1,593
1,318
1,456
1,448
0.5%
General
2,281
1,840
2,634
2,205
2,329
2,165
1,772
1,601
10.7%
Total Taxes
4,249
3,123
4,247
4,219
3,922
3,483
3,227
3,049
5.9%
User Rates
Total Res. User Fees
636
1,178
1,247
1,209
744
844
954
972
-1.9%
Parcel Taxes
528
0
0
0
389
0
213
201
6.0%
1,164
1,178
1,247
1,209
1,133
844
1,167
1,173
-0.6%
Total Taxes and User
Rates
5,413
$
4,301
$
5,494
$
5,428
$
5,055
$
4,327
$
4,394
$
4,222
$
4.1%
2015
Surrey
58