Electoral Area B Lazo North
Sample Residential Tax Impact 2015 Values   2016 Change Based on Assessed Values only   2016 Change Based on Requisition Amount only   2016 Net Change    
                     
Area B - Converted Values                  139,272,315                            144,899,711                    139,272,315               144,899,711  
                     
Area B - Tax Requisition  $                  2,487,215    $                          2,487,215    $                  2,659,035                   2,659,035    
                     
                     
Local Service Taxes:              
  Area B CVRD 'Residential Rate'                           1.7859                                     1.7165                             1.9092                        1.8351  
  (per $1000 of Assessed Value)              
                     
Impact on Taxes Payable per  $100,000 of Assessed Value ($100,000/1000*Rate)    $                                       (7)    $                              12    $                           5    
Estimates calculated on 2016 Completed Assessment roll at Recommended Budget March 2016