Tax Rates

Cenotaph

 

2019 tax rates

2019 tax rates

Property Class

Municipal

Education

Total

Residential

1.2497420%

0.1610000%

1.4107420%

Multi-residential

2.4335100%

0.1610000%

2.5945100%

New multi-residential

1.2497420%

0.1610000%

1.4107420%

Commercial

1.8996390%

1.2900000%

3.1896390%

Commercial excess/vacant land

1.3297470%

1.0965000%

2.4262470%

New commercial

1.8996390%

1.0300000%

2.9296390%

New commercial excess/vacant land

1.3297470%

0.8755000%

2.2052470%

Industrial

2.0460780%

1.2900000%

3.3360780%

Industrial excess/vacant land

1.3299510%

1.0642500%

2.3942010%

New industrial

2.0460780%

1.0300000%

3.0760780%

New industrial excess/vacant land

1.3299510%

0.8497500%

2.1797010%

Pipeline

1.5879220%

1.0300000%

2.6179220%

Farmland and managed forest

0.3124360%

0.0402500%

0.3526860%

Farmland awaiting development

0.9373065%

0.1207500%

1.0580565%

Downtown BIA (occupied)

 -

 -

0.2368000%

Downtown BIA (vacant)

 -

 -

0.1658000%

Downtown BIA (industrial vacant)

 -

 -

0.1539000%

East City BIA (occupied)

 -

 -

0.1273000%

East City BIA (vacant)

 -

 -

0.0891000%

East City BIA (industrial vacant)

 -

 -

0.0828000%

2018 tax rates

2018 tax rates
Property ClassMunicipalEducationTotal

Residential

1.2568950%

0.1700000%

1.4268950%

Multi-residential

2.4474390%

0.1700000%

2.6174390%

New multi-residential

1.2568950%

0.1700000%

1.4268950%

Commercial

1.9356810%

1.3400000%

3.2756810%

Commercial excess/vacant land

1.3549770%

0.9380000%

2.2929770%

New commercial

1.9356810%

1.0900000%

3.0256810%

New commercial excess/vacant land

1.3549770%

0.7630000%

2.1179770%

Industrial

2.1440110%

1.3400000%

3.4840110%

Industrial excess/ vacant land

1.3936070%

0.8710000%

2.2646070%

New industrial

2.1440110%

1.0900000%

3.2340110%

New industrial excess/vacant land

1.3936070%

0.7085000%

2.1021070%

Pipeline

1.5970110%

1.0900000%

2.6870110%

Farmland and managed forest

0.3142240%

0.0425000%

0.3567240%

Farmland awaiting development

0.9426710%

0.1275000%

1.0701710%

Downtown BIA (occupied)

 -  -

0.2202000%

Downtown BIA (vacant)

 -  -

0.1541000%

Downtown BIA (industrial vacant)

 -  -

0.1431000%

East City BIA (occupied)

 -  -

0.1317000%

East City BIA (vacant)

 -  -

0.0922000%

East City BIA (industrial vacant)

 -  -

0.0856000%

2017 tax rates

2017 tax rates
Property classMunicipalEducationTotal

Residential

1.2564280%

0.1790000%

1.4354280%

Multi-residential

2.4465290%

0.1790000%

2.6255290%

New multi-residential

1.2564280%

0.1790000%

1.4354280%

Commercial

1.9852820%

1.3884420%

3.3737240%

Commercial excess/vacant land

1.3896980%

0.9719094%

2.3616074%

New commercial

1.9852820%

1.1400000%

3.1252820%

New commercial excess/vacant land

1.3896980%

0.7980000%

2.1876980%

Industrial

2.2294060%

1.3900000%

3.6194060%

Industrial excess/vacant land

1.4491140%

0.9035000%

2.3526140%

New industrial

2.2294060%

1.1400000%

3.3694060%

New industrial excess/vacant land

1.4491140%

0.7410000%

2.1901140%

Pipeline

1.5964170%

1.1400000%

2.7364170%

Farmland and managed forest

0.3141070%

0.0447500%

0.3588570%

Farmland awaiting development

0.9423210%

0.1342500%

1.0765710%

Downtown BIA (occupied)

 -  -

0.2427000%

Downtown BIA (vacant)

 -  -

0.1699000%

Downtown BIA (industrial vacant)

 -  -

0.1578000%

East City BIA (occupied)

 -  -

0.1306000%

East City BIA (vacant)

 -  -

0.0914000%

East City BIA (industrial vacant)

 -  -

0.0849000%

2016 tax rates

2016 tax rates
Property classMunicipalEducationTotal

Residential

1.2544830%

0.1880000%

1.4424830%

Multi-residential

2.4427420%

0.1880000%

2.6307420%

New multi-residential

1.2544830%

0.1880000%

1.4424830%

Commercial

2.0073300%

1.3884420%

3.3957720%

Commercial excess/vacant land

1.4051340%

0.9719094%

2.3770434%

New commercial

2.0073300%

1.1800000%

3.1873300%

New commercial excess/vacant land

1.4051340%

0.8260000%

2.2311340%

Industrial

2.3120120%

1.5000000%

3.8120120%

Industrial excess/vacant land

1.5028080%

0.9750000%

2.4778080%

New industrial

2.3120120%

1.1800000%

3.4920120%

New industrial excess/vacant land

1.5028080%

0.7670000%

2.2698080%

Pipeline

1.5939460%

1.1800000%

2.7739460%

Farmland and managed forest

0.3136210%

0.0470000%

0.3606210%

Farmland awaiting development

0.9408620%

0.1410000%

1.0818620%

Downtown BIA (occupied)

 -  -

0.2330000%

Downtown BIA (vacant)

 -  -

0.1631000%

Downtown BIA (industrial vacant)

 -  -

0.1514000%

East City BIA (occupied)

 -  -

0.1358000%

East City BIA (vacant)

 -  -

0.0951000%

East City BIA (industrial vacant)

 -  -

0.0883000%

2015 tax rates

2015 tax rates
Property classMunicipalEducationTotal

Residential

1.2361920%

0.1950000%

1.4311920%

Multi-residential

2.4071250%

0.1950000%

2.6021250%

New multi-residential

1.2361920%

0.1950000%

1.4311920%

Commercial

2.0028160%

1.4163160%

3.4191320%

Commercial excess/vacant land

1.4019710%

0.9914210%

2.3933920%

New commercial

2.0028160%

1.1900000%

3.1928160%

New commercial excess/vacant land

1.4019710%

0.8330000%

2.2349710%

Industrial

2.3631050%

1.5300000%

3.8931050%

Industrial excess/vacant land

1.5360180%

0.9945000%

2.5305180%

New industrial

2.3631050%

1.1900000%

3.5531050%

New industrial excess/vacant land

1.5360180%

0.7735000%

2.3095180%

Pipeline

1.5707060%

1.1900000%

2.7607060%

Farmland and managed forest

0.3090480%

0.0487500%

0.3577980%

Farmland awaiting development

0.9271440%

0.1462500%

1.0733940%

Downtown BIA (occupied)

 -  -

0.2330000%

Downtown BIA (vacant)

 -  -

0.1631000%

Downtown BIA (industrial vacant)

 -  -

0.1514000%

East City BIA (occupied)

 -  -

0.1310000%

East City BIA (vacant)

 -  -

0.0917000%

East City BIA (industrial vacant)

 -  -

0.8510000%

 Capping parameters

2019 tax capping parameters

Capping parameter

Multi-residential

Commercial

Industrial

Annualized tax limit

Exited program

Exited program

Exited program

Prior year CVA tax limit

Exited program

Exited program

Exited program

CVA tax threshold – increasers

Exited program

Exited program

Exited program

CVA tax threshold – decreasers

Exited program

Exited program

Exited program

Stay at CVA tax exclusion

Exited program

Exited program

Exited program

Cross CVA tax exclusion - claw-back to cap

Exited program

Exited program

Exited program

Cross CVA tax exclusion - cap to claw-back

Exited program

Exited program

Exited program

2018 tax capping parameters
Capping parameterMulti-residentialCommercialIndustrial

Annualized tax limit

10.00%

10.00%

Exited program

Prior year CVA tax limit

10.00%

10.00%

Exited program

CVA tax threshold – increasers

500

500

Exited program

CVA tax threshold – decreasers

0.00

0.00

Exited program

Stay at CVA tax exclusion

Yes

Yes

Exited program

Cross CVA tax exclusion - claw-back to cap

Yes

Yes

Exited program

Cross CVA tax exclusion - cap to claw-back

Yes

Yes

Exited program

2017 tax capping parameters
Capping parameterMulti-residentialCommercialIndustrial

Annualized tax limit

10.00%

10.00%

Exited program

Prior year CVA tax limit

10.00%

10.00%

Exited program

CVA tax threshold – increasers

500

500

Exited program

CVA tax threshold – decreasers

0.00

0.00

Exited program

Stay at CVA tax exclusion

Yes

Yes

Exited program

Cross CVA tax exclusion - claw-back to cap

Yes

Yes

Exited program

Cross CVA tax exclusion - cap to claw-back

Yes

Yes

Exited program

2016 tax capping parameters
Capping parameterMulti-residentialCommercialIndustrial

Annualized tax limit

10.00%

10.00%

10.00%

Prior year CVA tax limit

10.00%

10.00%

10.00%

CVA tax threshold – increasers

500

500

500

CVA Tax threshold – decreasers

0.00

0.00

0.00

Stay at CVA tax exclusion

Yes

Yes

Yes

Cross CVA tax exclusion - claw-back to cap

Yes

Yes

Yes

Cross CVA tax exclusion - cap to claw-back

Yes

Yes

Yes

2015 tax capping parameters
Capping parameterMulti-residentialCommercialIndustrial

Annualized tax limit

10.00%

10.00%

10.00%

Prior year CVA tax limit

5.00%

5.00%

5.00%

CVA tax threshold – increasers

250

250

250

CVA tax threshold – decreasers

0.00

0.00

0.00

Stay at CVA tax exclusion

Yes

Yes

Yes

Cross CVA tax exclusion - claw-back to cap

Yes

Yes

Yes

Cross CVA tax exclusion - cap to claw-back

Yes

Yes

Yes

Levy changes

2019 levy change report

Property class

Clawback

Decrease retained

Levy change

Multi-residential

Exited program

Exited program

2.2187%

Commercial

Exited program

Exited program

1.3975%

Industrial

Exited program

Exited program

1.4398%

2018 levy change report
Property classClawbackDecrease retainedLevy change

Multi-residential

24.0205%

75.9795%

2.6254%

Commercial

0.0000%

100.0000%

1.6344%

Industrial

Exited program

Exited program

1.7032%

2017 levy change report
Property classClawbackDecrease retainedLevy change

Multi-residential

100.0000%

0.0000%

2.3766%

Commercial

0.3046%

99.6950%

0.8798%

Industrial

Exited program

Exited program

-1.4915%

2016 levy change report
Property classClawbackDecrease retainedLevy change

Multi-residential

29.0948%

70.9052%

3.1444%

Commercial

11.6502%

88.3498%

1.9693%

Industrial

Exited program

Exited program

1.9693%

2015 levy change report
Property classClawbackDecrease retainedLevy change

Multi-residential

45.1523%

54.8477%

3.8529%

Commercial

31.4591%

68.5409%

2.4057%

Industrial

0.0000%

100.0000%

2.4951%