Electoral Area B Lazo North
Sample Residential Tax Impact 2010 Values   2011 Change Based on Assessed Values only   2011 Change Based on Requisition Amount only   2011 Net Change    
                     
Area B - Converted Values                133,415,170                           137,311,608                  133,415,170             137,311,608  
                     
Area B - Tax Requisition  $                 1,942,486    $                         1,942,486    $                2,071,571                 2,071,571    
                     
                     
Local Service Taxes:              
  Area B CVRD 'Residential Rate'                           1.4560                                     1.4147                            1.5527                       1.5087  
  (per $1000 of Assessed Value)              
                     
Impact on Taxes Payable per  $100,000 of Assessed Value ($100,000/1000*Rate)    $                                       (4)    $                              10    $                           5    
Estimates calculated on 2011 Completed Assessment roll at Recommended Budget March 2011