Community Dashboard: Non-residential tax revenue
Current
22.5%
Previous
22.58%
Preferred trend
Increase
Reporting date
Dec. 31, 2023
Rationale and analysis
Why this measurement is important
Any decline in what the business community pays in taxes results in a corresponding increase to residential taxes, in order to address the needs of the budget set out by the Region.
How we measure this data
Overseen by Corporate Services, Financial Management and Planning.
Progress and advancements
The current target is for non-residential taxes to be greater than 20 percent.
About this indicator
Amount of annual tax revenue collected from businesses.