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Council Meeting/Documents/Schedule 1 Municipal property tax rates and ratios
Appendix

Schedule 1 Municipal property tax rates and ratios

May 2, 2023Page 2992 sections

Table showing the proposed 2023 municipal property tax rates and ratios compared to 2022 for various property classes.

1 CALL TO ORDER- Mayor Tobias called the meeting to order at 7:00 p.m.
Residential rate: 1.95737Utilities rate: 40.00000Light industry rate: 7.75511

2023 Tax Rates

Schedule 1 Municipal property tax rates and ratios

Page 299

Town of View Royal

Municipal Property Tax Rates and Ratios

Property Class 2022 Rates 2022 Ratios Proposed 2023 Rates Proposed 2023 Ratios
Residential 1.98712 1.0000 1.95737 1.0000
Utilities 40.00000 20.1296 40.00000 20.4356
Light industry 7.87298 3.9620 7.75511 3.9620
Business and other 8.54820 4.3018 8.42023 4.3018
Rec/Non profit 11.92273 6.0000 11.74424 6.0000
Farm 23.01088 11.5800 22.66639 11.5800
Page 299
Extracted from: 2023 05 02 Council Agenda - Agenda - Pdf