Does anything else factor into my property taxes?

Tax rates on commercial properties can raise or lower rates, depending on the classification of the property (charitable status) and new buildings added to the assessment roll can lower property tax rates.

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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?