Appendix
Schedule 1 Comparative Tax Ratios-Business Class
April 13, 2021Page 723 sections
Visual charts comparing business tax ratios across Greater Victoria municipalities from 2016-2020.
View Royal 2020 Business Tax Ratio: 3.55CRD Regional Median: 3.6
Schedule 1 Comparative Tax Ratios-Business Class
Source: Province of British Columbia Local Government Statistics, Municipal Tax Rates & Tax Burden 2021 Tax Rate Options
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Business Tax Ratios by Municipality and Year
| Municipality | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Central Saanich | 1.9 | 2.0 | 2.2 | 2.1 | 1.9 |
| Colwood | 3.9 | 4.1 | 4.4 | 4.5 | 3.9 |
| Esquimalt | - | 3.0 | 3.2 | 3.1 | 2.9 |
| Highlands | 3.9 | 4.2 | 4.3 | 4.4 | 4.4 |
| Langford | - | 3.0 | 2.9 | 2.9 | 2.8 |
| Metchosin | 3.7 | 4.0 | 4.5 | 4.6 | 4.1 |
| North Saanich | 5.2 | 6.0 | 6.0 | 5.8 | 5.3 |
| Oak Bay | 2.1 | 2.5 | 2.5 | 2.4 | 2.2 |
| Saanich | 3.5 | 3.9 | 4.3 | 4.1 | 4.0 |
| Sidney | 2.3 | 2.6 | 2.9 | 2.9 | 2.4 |
| Sooke | 2.4 | 2.5 | 2.7 | 2.7 | 2.8 |
| Victoria | - | 3.4 | 3.5 | 3.5 | 3.3 |
| View Royal | 3.38 | 3.60 | 3.60 | 3.55 | 3.55 |
Notes:
- Median Ratio: 3.1 (Except View Royal: 3.6)
- Provincial Benchmark: 2.5
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2020 Business Tax Ratios by Municipality
| Municipality | 2020 Ratio |
|---|---|
| North Saanich | 5.3 |
| Highlands | 4.4 |
| Metchosin | 4.1 |
| Saanich | 4.0 |
| Colwood | 3.9 |
| View Royal | 3.5 |
| Victoria | 3.3 |
| Esquimalt | 2.9 |
| Sooke | 2.8 |
| Langford | 2.8 |
| Sidney | 2.4 |
| Oak Bay | 2.2 |
| Central Saanich | 1.9 |
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Extracted from: 2021 04 13 Committee of the Whole Agenda - Agenda - Pdf