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Tax Rates & Assessment Base

2012 Tax Rates
Comparison of Tax Rates 2007 to 2011

2012 Tax Rates - Click here for Print Friendly Version

		Municipal	Education	County	Total	Assessment
Commercial Taxable	CT	0.01113748	0.0149	0.00695111	0.03298859	$62,612,169
Commercial Excess Land	CX	0.00779623	0.01043	0.00486578	0.02309201	$657,323
Commercial Vacant Land	CU	0.00779623	0.01043	0.00486578	0.02309201	$1,001,700
Farmlands Taxable EP	FTEP	0.00183762	0.0005525	0.0011469	0.00353702	$101,780,378
Farmlands Taxable ES	FTES	0.00183762	0.0005525	0.0011469	0.00353702	$6,780,900
Farmlands Taxable FP	FTFP	0.00183762	0.0005525	0.0011469	0.00353702	-
Farmlands Taxable FS	FTFS	0.00183762	0.0005525	0.0011469	0.00353702	-
Industrial Taxable: Full	IT	0.01933181	0.0159	0.01206536	0.04729717	$11,986,474
Industrial: Excess Land	IX	0.01256568	0.010335	0.00784248	0.03074316	$190,000
Industrial Tax: Vacant Land	IU	0.01256568	0.010335	0.00784248	0.03074316	$145,100
New Construct Industrial: Full	JT	0.01933181	0.0126	0.01206536	0.04399717	$641,000
Multi Res EP	MTEP	0.01628871	0.00221	0.0101661	0.02866481	$15,066,028
Multi Res ES	MTES	0.01628871	0.00221	0.0101661	0.02866481	$899,353
Multi Res FS	MTFS	0.01628871	0.00221	0.0101661	0.02866481	369
Pipeline Taxable	PT	0.00880663	0.01369002	0.00549639	0.02799304	$3,652,000
Res/Farm UpperTier/Edu Only Full	RL	0	0.00221	0.00458759	0.00679759	$1,156,000
Res/Farm Taxable EP	RTEP	0.0073505	0.00221	0.00458759	0.01414809	$1,014,271,800
Res/Farm Taxable ES	RTES	0.0073505	0.00221	0.00458759	0.01414809	$88,255,583
Res/Farm Taxable FP	RTFP	0.0073505	0.00221	0.00458759	0.01414809	$1,888,400
Res/Farm Taxable FS	RTFS	0.0073505	0.00221	0.00458759	0.01414809	$1,459,298
Res/Farm No support	RTN	0.0073505	0.00221	0.00458759	0.01414809	$154,115
Shopping Centre: Full	ST	0.01113748	0.0149	0.00695111	0.03298859	$228,750
Managed Forest EP	TTEP	0.00183762	0.0005525	0.00114690	0.00934123	$1,419,659
Managed Forest ES	TTES	0.00183762	0.0005525	0.00114690	0.00934123	$91,384
Managed Forest FS	TTFS	0.00183762	0.0005525	0.00114690	0.00934123	$807
New Construction Commercial: Full	XT	0.01113748	0.0126	0.00695111	0.03068859	$2,319,000

					Total	$1,316,657,590
				BIA Tax Rate	0.00186529	$20,372,190


					Exempt	$46,564,310
						$1,363,221,900

Comparison of Tax Rates 2007 to 2011
Municipal Residential Tax Rate Comparison

2010	2011	2012
0.0077314	0.0075210	0.0073505
-2.28%	-2.72%	-2.27%

		2010 Taxes	2011 Taxes	2012 Taxes	Net Change	Percent Change
Residential	100,000	$1,500.79	$1,454.15	$1,414.81	$ (39.34)	-2.705%
Multi Residential	100,000	$3,032.70	$2,941.50	$2,866.48	$ (75.02)	-2.550%
Commercial	100,000	$3,670.43	$3,521.07	$3,298.86	$ (222.21)	-6.311%
Industrial	100,000	$5,763.26	$5,146.88	$4,729.72	$ (417.16)	-8.105%
Farmland	100,000	$ 375.20	$ 363.54	$ 353.70	$ (9.84)	-2.705%

Municipal Levy Comparison

2010	2011	2012
$ 8,744,169	$ 9,222,840	$9,611,335
5.54%	5.47%	4.21%
	(154,668)	(41,035)	Less Assessment Growth
	9,068,172	9,570,300
	3.71%	3.77%

	(75,000)	(75,000)	Less Recreation Wellness
	8,993,172	8,993,172
	2.85%	2.95%

Comparison based on Average Household Assessment Per OMPF Calculation

	2010 Taxes	2011 Taxes	2012 Taxes
Total Tax Rate	$ 2,623.40	$ 2,736.58	$ 2,782.19
Change in Average Household Tax			$45.61 1.7%

Notes:
1. The resident education rates are not finalized but the draft rates are included.
2. 2012 County of Northumberland Rates are draft and will be presented to County Council on March 21st.
3. There have been reassessments in 2006 and 2009 which increased assessment, but lowered municipal tax rates.
4. 2012 is the final of 4 years of the phase in amount from the January 1 2008 CVA values.

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