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                           139,426,707                  137,426,097             139,426,707  
                     
Area B - Tax Requisition  $                 2,181,003    $                         2,181,003    $                2,310,143                 2,310,143  
                     
           
Local Service Taxes:        
  Area B CVRD 'Residential Rate'                           1.5870                                     1.5643                            1.6810                       1.6569  
  (per $1000 of Assessed Value)        
                     
Impact on Taxes Payable per  $100,000 of Assessed Value ($100,000/1000*Rate)    $                                       (2)    $                                9    $                           7    
Estimates calculated on 2013 Completed Assessment roll at Recommended Budget March 2013