So, what happened this year?

The 2020 average residential assessment decreased by -10.21%. If your assessment went down by the average this would result in a 2.98% municipal tax increase.

The 2020 average commercial assessment decreased by -0.71%. If you assessment went down by the average this would result in a 1.98% municipal tax increase.

This is among the lowest tax increase in over two decades. 

Show All Answers

1. How is the municipal property tax calculated?
2. How does fluctuation in my home's assessment affect my municipal property taxes?
3. If the value of my property increases, does the City get extra revenue?
4. Why does my municipal property tax go up more than the property tax increase approved by Council?
5. So, what happened this year?
6. Where can I find out my assessment?
7. Does anything else factor into my property taxes?