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General Assessment and Taxation Statistics

Source: City of Surrey Financial Services Division

2010

2011

2012

2013

2014

General Assessment

(in thousands)

$ 67,085,790

$ 73,438,438

$ 79,194,334

$ 83,274,864

$ 85,098,327

Total Number of Assessed Properties

135,943

138,932

141,905

144,175

147,038

Population

475,840

484,150

493,430

501,960

508,040

General Assessment Per Capita

$ 140,984

$ 151,685

$ 160,498

$ 165,899

$ 167,503

Percentage of General Assessment Represented by:

Residential

86.6%

87.1%

86.8%

86.7%

86.2%

Utilities

0.1%

0.1%

0.1%

0.1%

0.1%

Major Industrial

0.1%

0.2%

0.1%

0.1%

0.1%

Light Industrial

1.9%

1.7%

1.9%

2.0%

2.1%

Business / Other

11.1%

10.7%

10.9%

10.9%

11.3%

Non-Profit Recreation

0.2%

0.2%

0.2%

0.2%

0.2%

Farm

0.1%

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

$ 484,188

$ 512,194

$ 541,461

$ 575,771

$ 605,328

Current Taxes Collected

466,902

499,768

462,922

487,844

591,506

Current Taxes Outstanding

$

17,369

$

12,577

$

13,066

$

13,632

$

13,822

Percentage of Taxes Collected

96.4%

97.5%

97.3%

97.3%

97.7%

Levy per Capita

$

1,018

$

1,058

$

1,097

$

1,147

$

1,191

Assessment for General Taxation

(in billions)

Source: City of Surrey Financial Services Division

$40

$50

$60

$70

$80

$90

2014

2013

2012

2011

2010

$67.1

$73.4

$79.2

$83.3

$85.1

25

Statistical review