$90 a year increase in tax bill for average Surrey home approved by council

More gloomy news for Surreyites as Surrey council approved a five-year financial plan on Jan. 24 which will add a $90 increase to the average Surrey homeowner’s tax bill.

The extra rise comprises of a property tax increase working out to approximately an extra $39 a year for the average single-family dwelling. In addition there will be an additional $13.50 for the road and traffic safety levy for the average home, and utility costs for water and sewage, will increase by about $40.

However Council pointed out even with a 2.9 per cent property tax increase for 2012 is in the budget, Surrey still has the lowest taxes in the region.