Tax Rates

Cenotaph

 

2023 tax rates
2023 final tax rates
Property ClassMunicipal EducationTotal
Residential

1.3846560%

0.1530000%

1.5376560%
Multi-residential

2.6962160%

0.1530000%

2.8492160%
New Multi-residential

1.3846560%

0.1530000%

1.5376560%
Commercial Class

2.0769840%

0.8800000%

2.9569840%
Commercial Class New Construction

2.0769840%

0.8800000%

2.9569840%
Commercial Class Vacant Units

2.0769840%

0.8800000%

2.9569840%
Commercial Class Vacant Units New Construction

2.0769840%

0.8800000%

2.9569840%
Commercial Class, Vacant Land

2.0769840%

0.8800000%

2.9569840%
Commercial Class, Vacant Land New Construction

2.0769840%

0.8800000%

2.9569840%
Industrial Class

2.0769840%

0.8800000%

2.9569840%
Industrial Class New Construction

2.0769840%

0.8800000%

2.9569840%
Industrial Tax Vacant Units

2.0769840%

0.8800000%

2.9569840%
Industrial Tax Vacant Units New Construction

2.0769840%

0.8800000%

2.9569840%
Industrial Class, Vacant Land

2.0769840%

0.8800000%

2.9569840%
Industrial Class, Vacant Land New Construction

2.0769840%

0.8800000%

2.9569840%
Pipeline

1.7593440%

0.8800000%

2.6393440%
Farm Property

0.3461640%

0.0382500%

0.3844140%
Farm Land Awaiting Development

1.0384920%

0.1147500%

1.1532420%
Managed Forest

0.3461640%

0.0382500%

0.3844140%

2022 tax rates
2022 final tax rates
Property ClassMunicipalEducationTotal
Residential

1.3384440%

0.1530000%

1.4914440%
Multi-Residential

2.606232%

0.1530000%

2.7592320%
New Multi-Residential

1.338444%

0.1530000%

1.4914440%
Commercial

2.007666%

0.8800000%

2.8876660%
Commercial excess/vacant land

2.007666%

0.8800000%

2.8876660%
New Commercial

2.007666%

0.8800000%

2.8876660%
New Commercial excess/vacant land

2.007666%

0.8800000%

2.8876660%
Industrial

2.007666%

0.8800000%

2.8876660%
Industrial excess/vacant land

2.007666%

0.8800000%

2.8876660%
New Industrial

2.007666%

0.8800000%

2.8876660%
New Industrial excess vacant/land

2.007666%

0.8800000%

2.8876660%
Pipeline

1.7006270%

0.8800000%

2.5806270%
Farmland and Managed Forest

0.3346110%

0.0382500%

0.3728610%
Farmland Awaiting Development

1.0038330%

0.1147500%

1.1185830%
Downtown BIA

n/a

n/a

0.2456%
East City BIA

n/a 

n/a

0.1261%

2021 tax rates
2021 final tax rates
Property ClassMunicipalEducationTotal
Residential

1.2952450%

0.1530000%

1.4482450%
Multi-Residential

2.5221140%

0.1530000%

2.6751140%
New Multi-Residential

1.2952450%

0.1530000%

1.4482450%
Commercial

1.9428680%

0.8800000%

2.8228680%
Commercial excess/vacant land

1.9428680%

0.8800000%

2.8228680%
New Commercial

1.9428680%

0.8800000%

2.8228680%
New Commercial excess/vacant land

1.9428680%

0.8800000%

2.8228680%
Industrial

1.9428680%

0.8800000%

2.8228680%
Industrial excess/vacant land

1.9428680%

0.8800000%

2.8228680%
New Industrial

1.9428680%

0.8800000%

2.8228680%
New Industrial excess vacant/land

1.9428680%

0.8800000%

2.8228680%
Pipeline

1.6457380%

0.8800000%

2.5257380%
Farmland and Managed Forest

0.3238110%

0.0382500%

0.3620610%
Farmland Awaiting Development

0.9714340%

0.1147500%

1.0861840%
Downtown BIA

n/a

n/a

0.2418%
East City BIA

n/a 

n/a

0.1287%

2020 tax rates
2020 final tax rates
Property ClassMunicipalEducationTotal
Residential 

1.2486790%

0.1530000%

1.4016790%
Multi-Residential

2.4314400%

0.1530000%

2.5844400%
New Multi-Residential

1.2486790%

0.1530000%

1.4016790%
Commercial

1.8730190%

1.250000%

3.1230190%
Commercial excess/vacant land

1.3111130%

1.250000%

2.5611130%
New Commercial

1.8730190%

0.9800000%

2.8530190%
New Commercial excess/vacant land

1.3111130%

0.9800000

2.2911130%
Industrial

1.9586780%

1.2500000%

3.2086780%
Industrial excess/vacant land

1.2731410%

1.2500000%

2.5231410%
New Industrial

1.9586780%

0.9800000%

2.9386780%
New Industrial excess/vacant land

1.2731410%

0.9800000%

2.2531410%
Pipeline

1.5865720%

0.9800000%

2.5665720%
Farmland and managed forest

0.3121700%

0.0382500%

0.3504200%
Farmland Awaiting Development

0.9365090%

0.1147500%

1.0512590%
Downtown BIA (Occupied)

 -

 -

0.2335%
Downtown BIA (commercial vacant land)

 -

 -

0.1635%
Downtown BIA (Industrial vacant land)

 -

 -

0.1518%
East City BIA (occupied)

 -

 -

0.1267%
East City BIA (commercial vacant)

 -

 -

0.0887%
East City BIA (industrial vacant)

 -

 -

0.0823%

2019 tax rates
2019 tax rates
Property ClassMunicipalEducationTotal
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%

Capping parameters
2023 tax capping parameters
Capping parameterMulti-residentialCommercialIndustrial
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

 
2022 tax capping parameters
Capping parameterMulti-residentialCommercialIndustrial
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
2021 tax capping parameters
Capping parameterMulti-residentialCommercialIndustrial
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 

2020 tax capping parameters
Capping parameterMulti-residentialCommercialIndustrial
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 
2019 tax capping parameters
Capping parameterMulti-residentialCommercialIndustrial
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

Levy changes
2023 levy change report
Property ClassClawbackDecrease RetainedLevy Change
Multi- residential

Exited Program

Exited Program

3.261197%
Commercial

Exited Program

Exited Program

2.400485%
Industrial

Exited Program

Exited Program

2.400485%
2022 levy change report
Property classClawbackDecrease retainedLevy change
Multi-residential

Exited program

Exited program

3.144464%
Commercial

Exited program

Exited program

2.295467%
Industrial

Exited program

Exited program

2.295467% 
2021 levy change report
Property classClawbackDecrease retainedLevy change
Multi-residential

Exited program

Exited program

3.609083%
Commercial

Exited program

Exited program

-9.554914%
Industrial

Exited program

Exited program

-9.554914%
2020 levy change report
Property classClawbackDecrease retainedLevy change
Multi-residential

Exited program

Exited program

2.593091%
Commercial

Exited program

Exited program

1.637681%
Industrial

Exited program

Exited program

1.667334%
2019 levy change report
Property classClawbackDecrease retainedLevy 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%