Community Dashboard: Taxable assessment growth

Current 1.76%
Previous 1.78%
Preferred trend Increase
Reporting date Dec. 31, 2023

Rationale and analysis

How we measure this data

Oversight from Financial Management and Planning.

At the end of the year, all final property values are added up and subtracted from the original tax base. The year-over-year difference is determined as the assessment growth.

Progress and advancements

The 2021 target is 1.50 per cent.

About this indicator

Assessment added to the tax role each year as reported by Municipal Property Assessment Corporation.

Assessment growth is the sum of all the changes that happen to the Region's tax base during a year, including new construction, major renovation, demolitions and property value appeals.

More information

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