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.
Residential rate: 1.95737Utilities rate: 40.00000Light industry rate: 7.75511
2023 Tax Rates
Schedule 1 Municipal property tax rates and ratios
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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 |
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Extracted from: 2023 05 02 Council Agenda - Agenda - Pdf