2024 Annual Report-web FINAL

Property Tax Rates and Assessments

2024 Property Asessments Taxable Values

Light Industrial

Business Other

Seasonal Recreation Farm

Residential Utilities Major Industrial

General Purpose (in $1,000s) 36,446,726

23,858

-

963,875 2,633,728

7,933

4,679

% of Taxable Values % of Gross Values

90.81% 0.06% 0.00% 83.44% 0.05% 0.00%

2.40% 6.56% 0.02% 0.01% 2.21% 6.03% 0.02% 0.01%

2024 Tax Rates (Per $1,000)

Light Industrial

Business Other

Seasonal Recreation Farm

Residential Utilities Major Industrial

General

2.4595 40.0000 12.6024

6.3012 3.3900 0.0963 0.0007 0.1935 0.6748

6.3012 3.3900 0.0963 0.0005 0.1394 0.8434

8.9256 20.8216

Provincial School Tax

1.0889 0.0347 0.0002 0.0569 0.2703

12.1100 0.4359 0.0007 0.1992 2.3812

1.3600 0.4359 0.0007 0.1935 1.4323

2.1100 0.0347 0.0002 0.0569 0.1821

3.5750 0.0347 0.0002 0.0569 0.3276

BC Assessment

Municipal Finance Authority

Metro Vancouver Regional District

TransLink

Tax Levies Five Years Comparison 2024

2023

2022

2021

2020

Total Municipal Taxes

$114,084,929

$142,389,371

$ 99,176,516

$ 93,994,494

$ 89,315,311

Other Taxation Authorities Provincial School Taxes

$ 54,847,953 12,722,041

$ 51,457,625

$ 47,011,792

$ 42,899,171

$ 35,032,613

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

Metro Van Regional District

2,603,797 1,621,017

BC Assessment Dyking Districts

336,803

971,698

852,839

504,048

499,732

Municipal Finance Authority

9,199

8,911

7,877

5,998

5,602

$ 72,140,810

$ 66,429,575

$ 60,792,258

$ 54,625,871

$ 45,759,223

Total Tax Levies

$186,225,739

$208,818,946

$159,968,774

$148,620,365

$135,074,534

City of Maple Ridge - 2024 Annual Report | 85