2017 Citizens Report

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Citizens Report 2017 | 27
2017 MAPLE RIDGE FINANCIAL SPOTLIGHT
Taxable Values
By Property Class
$19,332,243
General Taxation
By Property Class
VERSUS
Property Values
In 2017, 92.6% of the value of
property was in the Residential
Class. That’s 92.6% of the over
$19 billion figure supplied by BC
Assessment.
Property Taxes
While 92.6% of the value is in
the Residential Class, only 78.4%
of the tax collected comes from
Residential.
21.6% of tax collected comes
from Business Classes, which
account for 7.4% of the total
property value. This type of ratio is
common in Metro Vancouver.
Total property tax levied in Maple
Ridge during 2017 was just over
$76 million.
Definition: The term Business Class on this
page refers to Utilities, Industrial, Business,
Seasonal Recreation and Farm properties.
(for general purposes, NOT school,
GVTA, BCA, etc.)
$76,320,447
Property Values vs. Taxation
Residential
92.6%
Business
Classes
7.4%
Residential
78.4%
Business
Classes
21.6%
2017 Total
Property Tax Levies
2017 Total Value of
All Property Types
The 2017 Annual Report contains
more detailed information on the
financial position and results of
operations. Copies can be obtained
from the Fraser Valley Regional
Library, Maple Ridge City Hall and
online