Property Tax Ratios

In 1998, the Fair Municipal Finance Act (Bill 79) provided municipalities with a limited authority to establish tax ratios for each property class.

What is a Tax Ratio?

Tax ratios distribute tax burden between classes relative to the residential class tax ratio, which is equal to "one".

For example, a property with a tax ratio of 2 would pay twice the amount of municipal tax as a similarly valued residential property.

The Province established the prescribed tax ratios for all municipalities for the taxation years 1998, 1999 and 2000. Council has since approved the use of this tool and adopted revenue neutral ratios for the Multi-residential, Commercial and Pipeline property classes.

The Continued Protection for Property Taxpayers Act, 2000 (Bill 140) permitted Regional Council to adopt the established tax ratios or to move the tax ratios closer or within the provincially prescribed ranges of fairness. The ranges of fairness prescribed for each class are shown in the table below.

Provincial Ranges of Fairness and Tax Ratios since 1998

Residential and Commercial

Year Residential Multi-
residential (a)
New Multi-
residential
Commercial
Provincial
Ranges of
Fairness
1.0 1 - 1.1 1 - 1.1 0.6 - 1.1
2012 1 2.044 1 1.7586
2011 1 2.044 1 1.7586
2010 1.0 2.0600 1.0 1.7586
2009 1.0 2.0600 1.0 1.7586
2008 1.0 2.0600 1.0 1.7586
2007 1.0 2.0600 1.0 1.7586
2006 1.0 2.0600 1.0 1.7586
2005 1.0 2.0990 1.0 1.6621
2004 1.0 2.0990 1.0 1.6621
2003 1.0 2.0000 1.0 1.6147
2002 1.0 2.0000 n/a 1.6147
2001 1.0 2.1169 n/a 1.6147
2000 1.0 2.3953 n/a 1.6147
1999 1.0 2.4922 n/a 1.6147
1998 1.0 2.5568 n/a 1.6464
Transition
Ratios
1.0 2.5568 n/a 1.6464

Industrial

Year Industrial (b) Large
Industrial (b)
Pipeline Farm / Mgd
Forest
FAD I (c) FAD II (c)
Provincial
Ranges of
Fairness
0.6 - 1.1 0.6 - 1.1 0.6 - 1.1 0.25    
2012 2.63 n/a 1.7021 0.25 0.75 1
2011 2.63 n/a 1.7021 0.25 0.75 1
2010 2.6300 n/a 1.7021 0.25 0.75 1.0
2009 2.6300 n/a 1.6711 0.25 0.75 1.0
2008 2.6300 n/a 1.6334 0.25 0.75 1.0
2007 2.6300 n/a 1.6334 0.25 0.75 1.0
2006 2.8000 n/a 1.6334 0.25 0.75 1.0
2005 3.1142 n/a 1.4220 0.25 0.75 1.0
2004 3.2038 3.5279 1.4220 0.25 0.75 1.0
2003 3.3243 3.6606 1.3341 0.25 0.75 1.0
2002 3.3648 3.7052 1.3341 0.25 0.75 1.0
2001 3.5184 3.8743 1.3341 0.25 n/a n/a
2000 3.5184 3.8743 1.3341 0.25 n/a n/a
1999 3.5184 4.0371 1.3400 0.25 n/a n/a
1998 3.6362 4.1880 1.3514 0.25 n/a n/a
Transition
Ratios
3.6362 4.1880 1.3514 0.25 n/a n/a

(a) Adopted in 2003 Taxation Year.
(b) Region of Niagara opted out of Large Industrial class.
(c) Adopted in 2002 Taxation Year.


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