Electoral Area B Lazo North
Sample Residential Tax Impact 2012 Values   2013 Change Based on Assessed Values only   2013 Change Based on Requisition Amount only   2013 Net Change    
                     
Area B - Converted Values                137,426,097                           139,054,135                  137,426,097             139,054,135  
                     
Area B - Tax Requisition  $                 2,181,003    $                         2,181,003    $                2,324,854                 2,324,854    
                     
                     
Local Service Taxes:              
  Area B CVRD 'Residential Rate'                           1.5870                                     1.5685                            1.6917                       1.6719  
  (per $1000 of Assessed Value)              
                     
Impact on Taxes Payable per  $100,000 of Assessed Value ($100,000/1000*Rate)    $                                       (2)    $                              10    $                           8    
Estimates calculated on 2013 Revised Assessment roll at Adopted Budget March 2013