Richmond
150,000+ City
Pop. 229,781 MVRD
Fiscal Report Card
~ Average
Fiscal Balance
$1,014 / person
BC
Band
4th of 7 in band
Your operating surplus of $1,014/person is 1.0× the band average of $992. This ranks 4th of 7 in your band.
! Below Avg
Tax Burden
$1,472 / person
BC
Band
6th of 7 in band
Per-person taxation of $1,472 is 11% above the band average. Residents contribute $149 more per person than typical peers.
~ Average
Debt Load
7.6% capacity used
BC
Band
4th of 7 in band
You've used 7.6% of liability capacity, near the band average of 8.2%. Ranking 4th of 7 in your band.
✓ Strong
Revenue Resilience
4.1% grant dependency
BC
Band
2nd of 7 in band
Grant dependency of 4.1% is below the band average of 6.5%, indicating stronger revenue self-sufficiency.
~ Average
Service Efficiency
$2,531 / person
BC
Band
5th of 7 in band
Total spending of $2,531/person is $166 above the band average of $2,365, ranking 5th of 7 in your band.
Revenue Breakdown (per person)
Expense Breakdown (per person)
Peer Comparison
150,000+ Band — 7 municipalities
| Municipality | Type | Population▼ | Rev/Cap | Exp/Cap | Surplus/Cap | Debt/Cap | Tax Coll. % | Liab. Used % |
|---|---|---|---|---|---|---|---|---|
| Vancouver | C | 725,778 | $4,360 | $3,174 | $1,186 | $1,416 | 95.0% | 22.9% |
| Surrey | C | 662,561 | $2,621 | $1,715 | $906 | $446 | 97.4% | 7.0% |
| Burnaby | C | 279,948 | $3,491 | $2,379 | $1,112 | $0 | 98.9% | 0.0% |
| Richmond | C | 229,781 | $3,545 | $2,531 | $1,014 | $388 | 97.5% | 7.6% |
| Abbotsford | C | 175,589 | $2,403 | $2,025 | $377 | $179 | 98.2% | 7.7% |
| Coquitlam | C | 168,250 | $3,529 | $2,138 | $1,391 | $59 | 98.6% | 1.7% |
| Kelowna | C | 160,693 | $3,551 | $2,592 | $959 | $361 | 98.1% | 10.8% |