2024 Annual Report

CITY OF CHILLIWACK | 2024 Annual Report 72 73 2024 Annual Report | CITY OF CHILLIWACK Municipal Property Tax Distribution Assessment by Property Class Total Property Tax Distribution Taxation by Property Class Residential Business Industrial Assessment 27,634,700,759 6,002,455,401 1,610,687,300 77% 17% 4% 77% Residential 17% Business 4% Industrial Other 2% Municipal Taxes Authority (BCAA & MFA) Regional District (FVRD) Education (School Tax) Regional Hospitatl District (FVRHD) Total 106,250,553 1,554,919 3,342,152 57,461,488 3,821,854 172,430,966 62% 1% 2% 33% 2% 100% 62% Municipal Taxes (City of Chilliwack) 1% BC Assessment Authority (BCAA) & Municipal Finance Authority (MFA) 2% Fraser Valley Regional District (FVRD) 33% Ministry of Education (School Tax) 2% Fraser Valley Regional Hospital District (FVRHD) TAXATION BY PROPERTY CLASS Residential Business Industrial Other Taxes 74,188,068 20,010,556 5,703,991 6,347 % Taxes 70% 19% 5% 70% Residential 19% Business 5% Industrial 6% Other MUNICIPAL PROPERTY TAX DISTRIBUTION General Government and Government Facilities Policing Fire Other Protective Services Transportation 10,944,850 39,196,900 10,879,100 3,055,300 17,831,800 9.8% 35% 9.7% 2.8% 16% 9.762364121 9.703717777 2.725204192 15.90524535 9.8% General Government and Government Facilities 35% Policing 9.7% Fire 2.8% Other Protective Services 16% Transportation 21% Recreation & Culture 0.7% Planning & Development 5% Fiscal Services

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