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City of Kamloops Annual Report 2010

City of Kamloops Annual Report 2010

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Financial HighlightsTax revenue is invested in services and infrastructure that maintainthe high quality <strong>of</strong> life <strong>Kamloops</strong> residents enjoy.Typical Daily Household Tax and Utility Expenditures.<strong>City</strong> Taxes and <strong>City</strong> Utilities total $6.71.<strong>City</strong> Taxes - $4.28Natural Gas<strong>City</strong> Utilities - $2.43School DistrictPowerCableInternetTelephoneTNRD/HD/BCAA$5 $10 $15 $20 $25 $30 $35 $40Income TaxesValuations based on:• Property taxes based on average BCAAassessed value <strong>of</strong> $328,000 for 2011• 2009 Statistics Canada averagehousehold expenditures in BC used toestimate daily Income Taxes and othertax expenditures• Calculated <strong>City</strong> taxes exclude the HomeOwners Grant discount• <strong>City</strong> utility payments include 10%discount for prompt payment• Property taxes and Utility Fees based on2011 budget and rates14 <strong>City</strong> <strong>of</strong> <strong>Kamloops</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>

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