2023 Annual Report

Property Tax Rates & Assessments and Total Taxes Levied

2023 Property Asessments Taxable Values

Light Industrial

Business Other

Seasonal Recreation Farm

Residential Utilities Major Industrial

General Purpose (in $1,000s) 38,850,660

78,380

0

1,008,548 2,714,690

11,316

6,579

% of Taxable Values % of Gross Values

91.05% 0.18% 0.00% 83.70% 0.17% 0.00%

2.36% 6.36% 0.03% 0.02% 2.17% 5.85% 0.02% 0.01%

2023 Tax Rates (Per $1,000)

Light Industrial

Business Other

Seasonal Recreation Farm

Residential Utilities Major Industrial

General

2.3369

40.0000

12.4326 1.3300 0.4550 0.0007 0.1768 1.2831

6.2163 3.3300 0.0964 0.0007 0.1768 0.6279

6.2163 3.3300 0.0964 0.0005 0.1274 0.7191

8.6050 20.2020

Provincial School Tax

1.0517 12.5700

1.9900 0.0336 0.0002 0.0520 0.1496

3.6450 0.0336 0.0002 0.0520 0.3090

BC Assessment

0.0336 0.0002 0.0520 0.2188

0.4550 0.0007 0.1820 2.2031

Municipal Finance Authority

Metro Vancouver Regional District

TransLink

Tax Levies Five Years Comparison 2023

2022

2021

2020

2019

Total Municipal Taxes

$142,389,371

$ 99,176,516

$ 93,994,494

$ 89,315,311

$ 85,374,817

Other Taxation Authorities Provincial School Taxes

$ 51,457,625

$ 47,011,792

$ 42,899,171

$ 35,032,613

$ 38,721,905

TransLink

10,153,175 2,304,932 1,533,234

9,438,442 2,061,489 1,419,820

8,267,034 1,691,618 1,258,002

7,553,738 1,465,975 1,201,562

6,927,160 1,230,597 1,142,136

Metro Van Regional District

BC Assessment Dyking Districts

971,698

852,839

504,048

499,732

489,670

Municipal Finance Authority

8,911

7,877

5,998

5,602

5,670

$ 66,429,575

$ 60,792,258

$ 54,625,871

$ 45,759,223

$ 48,517,138

Total Tax Levies

$208,818,946

$159,968,774

$148,620,365

$135,074,534

$133,891,954

City of Maple Ridge - 2023 Annual Report | 83