Town of Comox
Sample Residential Tax Impact 2012 Values   2013 Change Based on Assessed Values only   2013 Change Based on Requisition Amount only   2013 Net Change    
                     
Comox - Converted Values                218,352,103                           216,311,944                  218,352,103             216,311,944  
                     
Comox - Tax Requisition  $                 2,939,616    $                         2,939,616    $                3,158,215                 3,158,215    
                     
                     
Member Municipality Taxes:              
  Comox  'Residential Rate'                            1.3408                                     1.3590                            1.4464                       1.4541  
  (per $1000 of Assessed Value)              
                     
Impact on Taxes Payable per  $100,000 of Assessed Value ($100,000/1000*Rate)    $                                         2    $                              11    $                         11    
Estimates calculated on 2013 Revised Assessment roll at Adopted Budget March 2013
Residential rate is calculated on Regional District Property Class
Multiples and General Purpose Converted Assessments.
Actual residential rates are set by the Municipality.
Calculation is for comparative purposes only.