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Port Moody Affect

What affect does the Port Property Tax Act have on the City of Port Moody ?
 
We have ONE property affected by the Act, Pacific Coast Terminals.
 
The following grid shows the property assessment and taxes payable on the PCT property over the past years:
 
Year Assessment Mill Rate Taxes (@mill rate) Grant Prov Contrib
Net Diff in taxes
to city
2003 23306000 .0486874 1134708 0 0
2004 24556000 .0531939 1306229 630939 494005 136904
2005 24880000 .0546342 1359298 721296 494005 227291
2006 24552000 .0517824 1287230 643179 494005 149174
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