Appendix
IMPACT TO TAXATION
February 8, 2022Pages 32–331 section
A financial analysis of the requisition impact of the 2022 West Shore Parks and Recreation budget on member municipalities.
Total Requisition: $5,539,381Proposed Requisition Increase: 5.14%View Royal Requisition: $753,507 (a decrease of 1.38% from 2021)Colwood Requisition: $1,191,599Langford Requisition: $2,985,575
IMPACT TO TAXATION
| MUNICIPALITY | TOTAL PROPERTY TAX 2021 | 2022 Requisition 5.14% INCREASE | 2022 INCREASE % | 2019 POPULATION | 2022 INCREASE PER CAPITA |
|---|---|---|---|---|---|
| Colwood | $15,147,000 | 71,880 | 0.47% | 18,403 | $3.91 |
| Highlands | $2,158,130 | 16,579 | 0.77% | 2,452 | $6.76 |
| Langford | $35,291,050 | 158,332 | 0.45% | 39,352 | $4.02 |
| Metchosin | $2,122,766 | 34,500 | 1.63% | 5,127 | $6.73 |
| View Royal | $9,549,553 | -10,547 | -0.11% | 11,460 | -$0.92 |
| 2021 Budget (3.90% Increase) | 2022 Budget (5.14% Increase) | Increase | % Increase | |
|---|---|---|---|---|
| Operating | -4,876,429 | -4,945,800 | -69,370 | 1.32% |
| Capital Contribution | -392,206 | -533,581 | -141,375 | 2.68% |
| Additional Capital Contribution | -60,000 | -60,000 | 1.14% | |
| Total Requisition | -$ 5,268,635 | -$ 5,539,381 | -$ 270,745 | 5.14% |
| Colwood | -1,119,719 | -1,191,599 | -71,880 | 6.42% |
| Highlands | -176,993 | -193,573 | -16,579 | 9.37% |
| Langford | -2,827,243 | -2,985,575 | -158,332 | 5.60% |
| Metchosin | -380,627 | -415,127 | -34,500 | 9.06% |
| View Royal | -764,054 | -753,507 | 10,547 | -1.38% |
| -5,268,635 | -5,539,381 | -270,745 | 5.14% |
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Extracted from: 2022 02 08 Committee of the Whole Agenda - Agenda - Pdf