Electoral Area B Lazo North
Sample Residential Tax Impact 2016 Values   2017 Change Based on Assessed Values only   2017 Change Based on Requisition Amount only   2017 Net Change    
                     
Area B - Converted Values                  144,725,963                            156,483,056                    144,725,963               156,483,056  
                     
Area B - Tax Requisition  $                  2,647,050    $                          2,647,050    $                  2,784,959                   2,784,959    
                     
                     
Local Service Taxes:              
  Area B CVRD 'Residential Rate'                           1.8290                                     1.6916                             1.9243                        1.7797  
  (per $1000 of Assessed Value)              
                     
Impact on Taxes Payable per  $100,000 of Assessed Value ($100,000/1000*Rate)    $                                     (14)    $                              10    $                         (5)    
Estimates calculated on 2017 Completed Assessment roll at Proposed Budget January 2017