Qipu
VancouverBudgetRevenue · 2022

Property taxes, penalties and interest

In 2022, the City of Vancouver took in $1.08B from property taxes, penalties and interest — 44% of its revenue, +10% on 2021.

Source: City of Vancouver, Statement of Financial Information 2025.

$1.08B
raised in 2022
44% of revenue
+10% on 2021 · +55% since 2015
2015201620172018201920202021
2022
202320242025

Who pays it, by property class, 2022

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

Residential - class 156.8%
Business - class 640.2%
Other utilities, rec/non-profit and farm1.1%
Light industrial - class 51.0%
Major industrial - class 40.9%
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, 2022

Utility fees15% of revenue$363MDeveloper contributions13% of revenue$310MProgram fees5.4% of revenue$132MLicense and development fees4.3% of revenue$105MCost recoveries and donations4.3% of revenue$105MGovernment transfers3.9% of revenue$94.5MParking3.8% of revenue$92.9MRental, lease and other3.0% of revenue$74.3MInvestment income2.4% of revenue$58.7MBylaw fines0.9% of revenue$23.1MGain (loss) on sale of tangible capital assets0.0% of revenue$1.1M

Overview

The City’s budget, 2022All expenses, by service and by kind of cost$1.90B