| 2007
Capping Parameters Table |
|
|
|
|
|
|
|
|
| Property
Class Description |
Property
Class Code |
Decrease % Retained (Decr%) |
Overall Levy Change Factor% |
|
|
|
|
|
| Multi Residential |
M |
43.5824% |
2.4541% |
|
Minimum Tax Level for New Construction: 90% |
| Commercial |
C |
32.9758% |
1.1992% |
|
|
|
|
|
| Industrial |
I |
76.9869% |
1.4322% |
|
Annualized Tax Limit: |
|
10% |
|
|
|
|
|
Prior Year CVA Tax Limit: |
5% |
|
|
|
|
|
CVA Tax Threshold - Increasers: |
250 |
|
|
|
|
|
CVA Tax Threshold - Decreasers: |
0 |
| 2007 Tax Rates |
Municipal |
Education |
Total |
|
|
|
|
|
| Residential/Farm |
0.0139182 |
0.0026400 |
0.0165582 |
|
|
|
|
|
| Multi-Residential |
0.0303515 |
0.0026400 |
0.0329915 |
|
|
|
|
|
| Commercial
Occupied |
0.0208454 |
0.0249626 |
0.0458080 |
|
|
|
|
|
| Commercial
Excess Land |
0.0145919 |
0.0174738 |
0.0320657 |
|
|
|
|
|
| Commercial
Vacant |
0.0145919 |
0.0174738 |
0.0320657 |
|
|
|
|
|
| Industrial
Occupied |
0.0266340 |
0.0224817 |
0.0491157 |
|
|
|
|
|
| Industrial
Excess Land |
0.0173115 |
0.0146131 |
0.0319246 |
|
|
|
|
|
| Industrial
Vacant |
0.0173115 |
0.0146131 |
0.0319246 |
|
|
|
|
|
| Pipelines |
0.0097428 |
0.0100024 |
0.0197452 |
|
|
|
|
|
| Farmlands |
0.0034796 |
0.0006600 |
0.0041396 |
|
|
|
|
|
| Managed
Forests |
0.0034796 |
0.0006600 |
0.0041396 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|