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VancouverBudgetRevenue · 2019

Property taxes, penalties and interest

In 2019, the City of Vancouver took in $873M from property taxes, penalties and interest — 44% of its revenue, +4.8% on 2018.

Source: City of Vancouver, Statement of Financial Information 2023.

$873M
raised in 2019
44% of revenue
+4.8% on 2018 · +25% since 2015
2015201620172018
2019
202020212022202320242025

Who pays it, by property class, 2019

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

Residential - class 155.7%
Business - class 641.1%
Light industrial - class 51.1%
Other utilities, rec/non-profit and farm1.1%
Major industrial - class 41.0%
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, 2019

Utility fees15% of revenue$299MCost recoveries and donations7.2% of revenue$142MDeveloper contributions6.7% of revenue$133MProgram fees6.5% of revenue$127MParking5.2% of revenue$103MLicense and development fees4.9% of revenue$95.9MRental, lease and other4.0% of revenue$78.0MGovernment transfers2.6% of revenue$51.5MInvestment income2.5% of revenue$49.1MBylaw fines1.1% of revenue$22.2MGain (loss) on sale of tangible capital assets-0.4% of revenue−$7.1M

Overview

The City’s budget, 2019All expenses, by service and by kind of cost$1.67B