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VancouverBudgetRevenue · 2016

Property taxes, penalties and interest

In 2016, the City of Vancouver took in $721M from property taxes, penalties and interest — 41% of its revenue, +3.0% on 2015.

Source: City of Vancouver, Statement of Financial Information 2020.

$721M
raised in 2016
41% of revenue
+3.0% on 2015 · +3.0% since 2015
2015
2016
201720182019202020212022202320242025

Who pays it, by property class, 2016

Share of property-tax revenue by property class, as the City prints it.

Residential - class 153.7%
Business - class 643.2%
Other utilities, rec/non-profit and farm1.1%
Major industrial - class 41.0%
Light industrial - class 51.0%
About these figures

Each year is read from the newest Statement of Financial Information that prints it; later reports restate earlier years.

Source: City of Vancouver, Statements of Financial Information, five-year statistical review (unaudited; Internet Archive copies): 2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025

See also

The other sources, 2016

Utility fees14% of revenue$243MDeveloper contributions13% of revenue$231MProgram fees6.3% of revenue$111MCost recoveries, grants and donations5.4% of revenue$94.3MParking4.9% of revenue$86.8MLicense and development fees4.2% of revenue$73.7MRental, lease and other3.6% of revenue$62.9MGain (loss) on sale of tangible capital assets3.1% of revenue$54.1MInvestment income1.6% of revenue$28.4MRevenue sharing1.3% of revenue$22.9MBylaw fines1.2% of revenue$20.4MGain on sale of Southeast False Creek assets0.3% of revenue$5.6M

Overview

The City’s budget, 2016All expenses, by service and by kind of cost$1.44B