2019 City of Maple Ridge Citizens Report

PROPERTY VALUES VS. TAXATION

Residential 92.4%

Property Values In 2019, 92.4% of the total value of properties in Maple Ridge was in the Residential Class. That’s 92.4% of over $25 billion worth of property as reported by the BC Assessment Authority. Property Taxes While 92.45% of the value is in the Residential Property Class, only 78.4% of the local taxes 21.6% of tax collected comes from the Business Classes, which account for 7.6% of the total property value in Maple Ridge. Total property taxes levied in 2019 was just over $84.6 million. Definition: The term ‘Business Class’ on this page refers to properties in the Utilities, Industrial, collected come from residential property owners.

Taxable Values By Property Class

Business Class 7.6%

2019 Total Value of All Property Types $25,349,873,257

Residential 78.4%

Business, Seasonal Recreation and Farm categories.

General Taxation By Property Class

Business Class 21.6%

The 2019 Annual Report contains more detailed information on the City’s financial position and results of operation. Copies can be obtained from the Fraser Valley Regional Library, Maple Ridge City Hall and online at mapleridge.ca/163.

2019 Total Property Tax Levies (for general purposes, NOT school, GVTA, BCA, etc.) $84,644,023

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