©City of Vancouver

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Revenue Sources

Business

Taxes

  • Business & Occupation (B&O) Tax

  • Business License Surcharge - per full-time equivalent (FTE) employee

Annual Revenue

 

Total: $9.7 million

  • B&O: Retail, Wholesale, Manufacturing and Services = $0.55 per $1,000 of annual gross revenue

  • Business License Surcharge: $70 increase to current rate

Use

  • Commercial districts: infrastructure improvements

  • Subarea/district plans

  • Problem-Oriented Police Unit

  • Homelessness services & response

  • Commercial district infrastructure improvements

  • Traffic/bike/pedestrian safety programs

  • Fire prevention program

  • Summer Playground Program expansion

  • Multi-lingual outreach program

  • Expanded community events program

  • Underserved youth program

  • Expanded neighborhoods program

Helpful Links

Property Taxes

Multi-year permanent levy lid lift (voted on by taxpayers)

Annual Revenue

 

Total: $9.7 million

  • $0.44 per $1,000 of assessed value

Use

  • Commercial districts: infrastructure improvements

  • Fire stations: replacement and renovations

  • Parks improvements

  • Rapid response rescue units

Other Taxes & Fees

  • Utility tax/rate

  • Sales tax newly applied to internet sales

  • Park Impact Fees (PIFs)

  • Downtown: Business Improvement District

  • Admissions Tax

  • Vehicle License Tab

Annual Revenue

 

Total: $10.7 million

  • Utility: 2.5% increase  

  • Internet sales: New revenue totaling $3 million annually

  • PIFs: Increase PIFs to reflect current real estate and construction costs 

  • Business Improvement District: $0.42 per $1,000 assessed value of business property downtown

  • Admissions: 5% of ticket price

  • Vehicle License Tab: $10 increase to current rate

Use

  • Operations Center replacement Fire sprinkler program Recreation program fee reductions

  • Maintenance & Operations Center replacement

  • Parks improvements

  • Programs to address downtown business district needs

  • Cultural, arts and heritage program

  • Commercial districts: transportation and pedestrian (infrastructure) improvements