Electoral Area B Lazo North
Sample Residential Tax Impact 2011 Values   2012 Change Based on Assessed Values only   2012 Change Based on Requisition Amount only   2012 Net Change    
                     
Area B - Converted Values                136,872,101                           137,559,675                  136,872,101             137,559,675  
                     
Area B - Tax Requisition  $                 2,117,483    $                         2,117,483    $                2,175,486                 2,175,486    
                     
                     
Local Service Taxes:              
  Area B CVRD 'Residential Rate'                           1.5471                                     1.5393                            1.5894                       1.5815  
  (per $1000 of Assessed Value)              
                     
Impact on Taxes Payable per  $100,000 of Assessed Value ($100,000/1000*Rate)    $                                       (1)    $                                4    $                           3    
Estimates calculated on 2012 Completed Assessment roll at Recommended Budget March 2012