The tax revenue change attributable to property taxes as reported in the City of Whitehorse Annual Report is 7.12% for the past 6 years. This is different than the tax rate increase, which was 1.7% in 2014 and 2015. The change in tax revenues reflects a blend of community growth and mill rate changes.
Changes in total tax revenue can arise from increased growth in new land and new buildings and this growth is reflected in the Yukon Government’s property assessments. It is also reflected in increased costs to service the new areas.
Changes can also arise from the City’s mill rate changes. A complete explanation of how assessments and mill rates work can be found at:
Frequently-Asked Questions about Property Assessment and Taxation
According to the Statement of Operations, the major property tax revenue increase between 2013 and 2012 is an additional $2.42 million in property taxes caused by increased assessments due to growth in the community.
The remainder of the community’s property total tax revenue increase is attributable to the tax rate which can be found here.
Here is the information from page 10 of the 2013 Annual Report:
Revenues |
Property Taxes |
Average Annual Change |
7.12% |
2013 |
$32,607,543 |
2012 |
$30,191,241 |
2011 |
$28,051,329 |
2010 |
$26,219,850 |
2009 |
$24,645,547 |
2008 |
$23,119,023 |
FAQ published February 2015