Appendix
Statistical Information (Unaudited)
July 4, 2023Pages 194–1963 sections
Historical data on taxable assessments, property tax rates, and a listing of the town's principal corporate taxpayers.
Total General Municipal Tax (2022): $10,008,298Top Corporate Taxpayer: Eagle Creek Village Property Ltd. ($699,041)Top ten taxpayers account for 20.82% of total municipal tax.Residential assessment total (2022): $3,614,786,203
Town of View Royal Statistical Information (Unaudited)
Taxable Assessments of Land and Improvements - Final Roll Totals
| Property Class | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Residential | 2,359,688,673 | 2,683,922,503 | 2,787,480,303 | 2,877,331,703 | 3,614,786,203 |
| Utilities | 321,800 | 333,700 | 378,000 | 431,800 | 726,800 |
| Light Industry | 3,298,000 | 3,632,000 | 3,836,000 | 3,697,100 | 3,863,000 |
| Business | 281,187,600 | 317,028,800 | 316,643,200 | 296,649,300 | 312,797,400 |
| Rec/Non Profit | 5,741,000 | 5,632,000 | 8,535,400 | 8,939,600 | 7,034,000 |
| Farm | 60,496 | 60,496 | 43,205 | 55,708 | 56,910 |
| Total | 2,650,297,569 | 3,010,609,499 | 3,116,916,108 | 3,187,105,211 | 3,939,264,313 |
Property Tax Rates - Municipal ($ per $1,000 assessment)
| Property Class | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Residential | 2.38224 | 2.26725 | 2.27610 | 2.33334 | 1.98712 |
| Utilities | 40.00000 | 40.00000 | 40.00000 | 40.00000 | 40.00000 |
| Light Industry | 7.95309 | 7.56922 | 7.59875 | 7.78987 | 7.87298 |
| Business | 8.57605 | 8.04875 | 8.08015 | 8.61774 | 8.54820 |
| Rec/Non Profit | 9.79099 | 10.71617 | 10.75798 | 11.90005 | 11.92273 |
| Farm | 21.99160 | 20.93015 | 21.01180 | 21.54026 | 23.01088 |
Municipal Property Tax Billings by Property Class
| Property Class | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Residential | 5,621,345 | 6,085,122 | 6,344,050 | 6,713,792 | 7,183,013 |
| Utilities | 12,872 | 13,347 | 15,120 | 17,272 | 29,072 |
| Light Industry | 26,229 | 27,490 | 29,149 | 28,800 | 30,413 |
| Business | 2,411,479 | 2,551,685 | 2,558,525 | 2,556,447 | 2,680,626 |
| Rec/Non Profit | 56,210 | 60,352 | 82,335 | 106,382 | 83,864 |
| Farm | 1,330 | 1,266 | 908 | 1,200 | 1,310 |
| Total | $ 8,129,465 | $ 8,739,262 | $ 9,030,087 | $ 9,423,893 | $ 10,008,298 |
Page 194–196
Town of View Royal Statistical Information (Unaudited) (continued)
2022 Assessments by Property Class
2022 Municipal Property Tax by Property Class
Page 194–196
Town of View Royal Statistical Information (Unaudited)
Principal Corporate Taxpayers
| Registered Owner | Primary Property | Total 2022 General Municipal Taxes Levied |
|---|---|---|
| Eagle Creek Village Property Ltd. | Eagle Creek Village | $ 699,041 |
| Pioneer Square Holdings Ltd. | Admirals Walk | 316,386 |
| West Shore U-Lock Mini Storage Ltd. | U-Lock Mini Storage | 178,521 |
| Great Canadian Casinos Inc. | Elements Casino | 174,067 |
| Goodwill Investments Ltd. | Fort Victoria | 134,354 |
| Canadian Tire Real Estate Ltd. | Canadian Tire | 131,266 |
| Natural Properties Ltd. | Reliable Controls | 124,931 |
| Christie Point Apartments Ltd. | Christie Point Apartments | 114,764 |
| Adams Storage Village Ltd. | Adams Storage | 110,953 |
| 599510 BC Ltd. | Ashley Furniture | 99,928 |
| Total Tax Contributions from Top 10 Corporate Taxpayers | $ 2,084,211 | |
| Total General Municipal Tax | $ 10,008,298 | |
| Proportion of municipal tax paid by top ten corporate taxpayers | 20.82% |
Page 194–196
Extracted from: 2023 07 04 Council Agenda - Agenda - Pdf