Appendix
2024 Tax Rates Schedule 1 Municipal property tax rates and ratios
May 7, 2024Page 1732 sections
Comparison table of tax rates and ratios by property class for 2023 and 2024.
Residential Ratio: 1.0000Business/Other Rate: 8.96540
Report to Council
Re: 2024 Tax Rates Meeting Date: May 7, 2024
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2024 Tax Rates Schedule 1 Municipal property tax rates and ratios
Town of View Royal - Municipal Property Tax Rates and Ratios
| Property Class | 2023 Rates | 2023 Ratios | Proposed 2024 Rates | Proposed 2024 Ratios |
|---|---|---|---|---|
| Residential | 1.95737 | 1.0000 | 2.08410 | 1.0000 |
| Utilities | 40.00000 | 20.4356 | 40.00000 | 19.1929 |
| Light industry | 7.75511 | 3.9620 | 8.25722 | 3.9620 |
| Business and other | 8.42023 | 4.3018 | 8.96540 | 4.3018 |
| Rec/Non profit | 11.74424 | 6.0000 | 13.54668 | 6.5000 |
| Farm | 22.66639 | 11.5800 | 24.13393 | 11.5800 |
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Extracted from: 2024 05 07 Council Agenda - Agenda - Pdf