Just got your property assessment? Learn who is involved, how it works, and see property tax rates for this year.

Property taxes are one of the ways the City of Surrey collects revenue to pay for City services. The amount you pay is based on the funds Surrey needs to provide City services each year, and your property assessment.

These services include:

  • public safety and city infrastructure;
  • road maintenance and waste collection;
  • parks and recreation facilities; and
  • emergency and fire services.

Financial documents

The 2023 Five-Year (2023-2027) General Operating and Capital Program Financial Plans are available on our Financial Documents page.

Property assessment

Your yearly property assessment is done by BC Assessment. Your property notice is sent out at the beginning of the year by BC Assessment. The notice shows you the assessed value of your property as of July 1 of the previous year. Learn more about property assessment.

Visit the BC Assessment website for complete details on key assessment dates you need to know.

You can also view assessment, legal description, tax and utility levy information related to properties located in the city online.

Access the Online Inquiry

 

2024 property tax rate schedule

Tax Rates (per thousand dollars of assessed value)

 Residential (Class 1)Utilities (Class 2)Major Industry (Class 4)Light Industry (Class 5)Business (Class 6)Recreational & Non-Profit (Class 8)Farm (Class 9)
Police Services*0.6699114.925807.296410.939011.580020.739461.78067
Fire Services*0.235945.256872.569790.330720.556480.260440.62715
Bylaw Services*0.032300.719620.351780.045270.076180.035650.08585
Parks, Recreation & Culture*0.202944.521552.210340.284460.478640.224010.53943
General*0.321567.164353.502260.450720.758420.354930.85472
General Municipal Total1.4626532.5881915.930582.050183.449741.614493.88782
Roads & Traffic0.124682.777991.358010.174760.294080.137630.33141
Municipal Total1.5873335.3661817.288592.224943.743821.752124.21923
Metro Vancouver Regional District0.055130.192960.187440.187440.135070.055130.05513
Municipal Finance Authority0.000200.000700.000700.000700.000500.000200.00020
BC Assessment0.034700.435900.435900.096300.096300.034700.03470
School**0.9886012.110001.360003.390003.390002.110007.15000
TransLink0.270302.381201.432300.674800.843400.182100.32760
Other Authorities Total1.3489315.120763.416344.349244.465272.382137.56763
TOTAL TAX RATES2.9362650.4869420.704936.574188.209094.1342511.78686

*This information is provided for further transparency on the allocation of tax dollars.

**Additional School Tax

The provincial government applies an additional school tax for properties assessed at $3 million and over. This additional school tax is applied to all residential properties in the province valued at $3 million and above, including:

  • detached homes
  • stratified condominium or townhouse units
  • most vacant land

The additional tax rate is:

  • 0.2% on the residential portion assessed between $3 million and $4 million
  • 0.4% on the residential portion assessed at over $4 million

For mixed-use properties, only the residential portion of the property’s assessed value above $3 million is taxable.

BC Assessment determines if additional school tax applies. If you believe your property should be exempt from additional school tax, contact BC Assessment to discuss your concerns.

Read more about the additional school tax in BC.

Previous tax rates

See tax rates for previous years:

Get a tax certificate

Apply for a tax certificate for conveyancing purposes from one of the following:

Contact

Contact Property & Payment Services or reach us by phone at 604-591-4181 for questions about property taxes and utilities in Surrey.