How Your Taxes are Calculated
The BC Assessment produces independent, uniform and efficient property assessments on an annual basis for all property owners in the province. To find out more details about how BC Assessment assesses and values property, or how their work relates to property taxation, please visit BC Assessment website.
For information regarding the assessed values on your property, please call your local BC Assessment office at 604-294-6441 or toll free at 1-800-661-6343.
Where Your 2012 Tax Dollars Go
Current year's value comparisons will be available at the end of May each year.
| Residential Assessed Value: | 2012 Value $663,133 |
2011 Value $598,992 |
|
| Administered By City Council |
% of |
2012 Cost |
2011 Cost |
| General Municipal Taxes: | |||
| Fire | 8.7% | 246.66 | 244.72 |
| Police | 11.6% | 331.10 | 316.23 |
| Roads & City Works | 10.2% | 287.76 | 293.20 |
| Parks & Recreation | 10.0% | 281.93 | 270.10 |
| Administrative Services & Others | 7.8% | 222.07 | 191.53 |
| Library | 2.7% | 74.99 | 71.64 |
| Planning & Building | 1.3% | 36.00 | 36.44 |
| Total General Municipal Taxes | 52.3% | 1,480.51 | 1,423.86 |
| Other Bodies: | |||
| Provincial School Tax | 37.3% | 1,054.45 | 1,001.45 |
| Greater Vancouver Transportation Authority (Translink) | 7.6% | 215.12 | 209.65 |
| Greater Vancouver Regional District | 1.4% | 38.20 | 37.44 |
| B.C. Assessment | 1.4% | 39.72 | 37.20 |
| Municipal Finance Authority | 0.0% | 0.13 | 0.12 |
| Total Other Bodies | 47.7% | 1,347.62 | 1,285.86 |
| Total Property Taxes | 100.0% | 2,828.13 | 2,709.72 |
Annual Operating Budget
The current year's Annual Financial Plan will be available around May each year.
Rates - Utilities and Property Taxes
See Rates page for details on the current year's utilities and property tax rates.
