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VancouverBudgetRevenue · 2025

Property taxes, penalties and interest

In 2025, the City of Vancouver took in $1.41B from property taxes, penalties and interest — 46% of its revenue, +11% on 2024.

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

$1.41B
raised in 2025
46% of revenue
+11% on 2024 · +102% since 2015

Who pays it, by property class, 2025

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

Residential - class 157.1%
Business - class 639.7%
Major industrial - class 41.1%
Light industrial - class 51.1%
Other utilities, rec/non-profit and farm1.0%
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, 2025

Utility fees16% of revenue$499MDeveloper contributions6.4% of revenue$197MInvestment income5.1% of revenue$158MProgram fees5.1% of revenue$157MCost recoveries and donations4.8% of revenue$148MLicense and development fees4.8% of revenue$146MGovernment transfers3.8% of revenue$116MParking3.6% of revenue$112MRental, lease and other3.3% of revenue$102MBylaw fines0.8% of revenue$24.2MGain (loss) on sale of tangible capital assets0.1% of revenue$2.7M

Overview

The City’s budget, 2025All expenses, by service and by kind of cost$2.55B