Safe Surrey Coalition held property taxes at 2.9% this past term

THE Safe Surrey Coalition said on Wednesday that it is hearing that residents cannot afford property tax increases while inflation is skyrocketing and announced that it is committing to freezing property taxes for four years at 2.9%.

That is well below the 7% expected rate of inflation.

The Safe Surrey Coalition said that it also continues the proven track record of Surrey Mayor Doug McCallum and his team on Council. They held the line at 2.9% during their past term, even during the pandemic.

This is a remarkable achievement that was not matched by any other municipality in the Lower Mainland. Surrey is at the bottom third in the Lower Mainland when it comes to property taxes.

“It’s clear that as the cost of living continues to experience rapid increases many of Surrey’s families need City Hall to manage their tax dollars wisely. Keeping property taxes low ensures that we continue to maintain housing and rental affordability. Doug has done that and will continue to do that in the next term,” said the Safe Surrey Coalition in a statement.

By working in partnership with higher levels of government, the City of Surrey will also be able to secure infrastructure funding for SkyTrain to Newton and several new community centers with pools, as well as build new road infrastructure without placing a burden on Surrey taxpayers.

“Surrey residents need a council that delivers on affordability and Mayor Doug McCallum and the Safe Surrey Coalition remain committed to low tax increases in difficult times,” said the statement.