ANNUAL PROPERTY TAX RATES (2023) BYLAW NO. 10458

In 2023, the City's residential class is comprised of 80,006 folios or 89.45% of the City's total folio count. The total assessment value for the residential class is approximately $101.62B or 74.63% of the City's total assessed value. Municipal taxes to be collected or the tax burden from this class is approximately $165.26M or 57.10% of total municipal taxes. In comparison, the business/other class comprised of 7,627 folios or 8.53% of total folio count and has assessment values totalling $26.76B or 19.65% of the City's total assessed values. This class carries 32.65% or $94.52M of the City's tax burden.

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