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VancouverBudgetRevenue · 2020

Property taxes, penalties and interest

In 2020, the City of Vancouver took in $936M from property taxes, penalties and interest — 50% of its revenue, +7.1% on 2019.

Source: City of Vancouver, Statement of Financial Information 2024.

$936M
raised in 2020
50% of revenue
+7.1% on 2019 · +34% since 2015
20152016201720182019
2020
20212022202320242025

Who pays it, by property class, 2020

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, 2020

Utility fees17% of revenue$321MDeveloper contributions6.7% of revenue$126MCost recoveries and donations4.9% of revenue$92.0MLicense and development fees4.5% of revenue$83.9MRental, lease and other3.7% of revenue$70.1MParking3.6% of revenue$67.4MGovernment transfers3.2% of revenue$59.4MProgram fees2.4% of revenue$45.4MInvestment income2.2% of revenue$40.5MBylaw fines0.9% of revenue$16.2MGain (loss) on sale of tangible capital assets0.7% of revenue$13.0M

Overview

The City’s budget, 2020All expenses, by service and by kind of cost$1.64B