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Council Meeting/Documents/Statistical Information (Unaudited) - 2013-2017
Appendix

Statistical Information (Unaudited) - 2013-2017

July 17, 2018Pages 139–1416 sections

Five-year history of assessments, tax rates, billings, and principal corporate taxpayers.

8.1f Annual Report for Year Ended December 31, 2017
Eagle Creek Village Property Ltd: $709,519 in taxesTotal 2017 General Municipal Tax: $7,934,585

Town of View Royal

Page 139–141

Statistical Information (Unaudited)

Taxable Assessments of Land and Improvements - Final Roll Totals

Property Class 2013 2014 2015 2016 2017
Residential 1,688,392,103 1,688,507,203 1,705,971,703 1,755,744,103 2,069,707,903
Utilities 376,200 377,200 304,600 304,700 312,800
Light Industry 2,074,000 2,298,000 2,712,000 2,711,000 2,947,000
Business 155,824,400 165,285,450 168,958,950 190,340,350 261,117,450
Rec/Non Profit 6,526,000 6,221,000 6,222,000 6,401,000 7,398,000
Farm 71,218 60,496 60,496 60,496 60,496
Totals 1,853,263,921 1,862,749,349 1,884,229,749 1,955,561,649 2,341,543,649

Property Tax Rates - Municipal ($ per $1,000 assessment)

Property Class 2013 2014 2015 2016 2017
Residential 2.52342 2.66124 2.82883 2.93375 2.60290
Utilities 31.70102 33.05331 40.00000 40.00000 40.00000
Light Industry 8.81447 8.31667 8.87083 9.22077 8.68979
Business 8.81447 9.18848 9.82487 9.90580 9.37044
Rec/Non Profit 8.83896 9.08049 9.68820 9.78435 9.78691
Farm 20.23598 21.15469 22.57408 23.45532 24.02868

Municipal Property Tax Billings by Property Class

Property Class 2013 2014 2015 2016 2017
Residential 4,260,522 4,493,523 4,825,904 5,150,914 5,387,243
Utilities 11,926 12,468 12,184 12,188 12,512
Light Industry 18,281 19,112 24,058 24,998 25,609
Business 1,373,509 1,518,722 1,660,000 1,885,473 2,446,785
Rec/Non Profit 57,683 56,490 60,280 62,630 72,404
Farm 1,441 1,280 1,366 1,419 1,454
Total $ 5,723,362 $ 6,101,595 $ 6,583,792 $ 7,137,622 $ 7,946,007

Page 139–141

Town of View Royal

Page 139–141

Statistical Information (continued)


Page 139–141

Town of View Royal

Page 139–141

Statistical Information (Unaudited)

Principal Corporate Taxpayers

Registered Owner Primary Property Total 2017 General Municipal Taxes Levied
Eagle Creek Village Property Ltd Eagle Creek Village $ 709,519
Admirals Walk Properties Ltd Inc Admirals Walk 289,031
Great Canadian Casinos Inc View Royal Casino 161,275
Canadian Tire Real Estate Ltd Canadian Tire 147,978
Natural Properties Ltd Reliable Controls 112,259
Christie Point Apartments Ltd Christie Point Apartments 95,084
Goodwill Investments Ltd Fort Victoria 93,036
599510 BC Ltd Ashley Furniture 84,362
West Shore U-Lock Mini Storage Ltd U-Lock Mini Storage 83,022
Adams Storage Village Ltd Adams Storage 76,241
Total Tax Contributions from Top 10 Corporate Taxpayers $ 1,851,806
Total General Municipal Tax $ 7,934,585
Proportion of municipal tax paid by top ten corporate taxpayers 23.34%
Page 139–141
Extracted from: 2018 07 17 Council Agenda - Agenda - Pdf