Property Taxes - Are Yours Fair and Equitable
By now you have paid your final tax bill on your property here in Ontario for 2009.
Understanding how your assessment is calculated and the effect it has on your property tax bill begins with a very simple formula.
assessment x mill rate equal your tax bill
That is where the simplicity ends.
Due to the reassessment carried out for your 2009 tax bill yours may have gone down, but more than likely they went up even if your assessment did not go up more than the average. This was due to the increase in spending by your local city or municipal politicians and is reflected in the mill rate.
As property values fluctuate across a municipality your portion of the overall tax bite will change relative to your neighbours. Another factor that will affect your property taxes is how the assessment is calculated. Most taxpayers believe that the "Market Value" of their property is the driving force behind their tax bill but what they do not know or understand is that may not be the case.
The assessment folks use complicated formulas that are based on information that includes personal subjective opinion. This information is then massaged and manipulated by the formulas created by the assessment folks so that it resembles their version of the current value of your home. It is this current value or assessed value that is used in the calculation above.
Without making any changes to your home you may find that your assessment changed dramatically from what it had been relative to comparable properties in your area. Simple things like moving of a boundary line used in the calculation can have an effect. Other things that may affect it could be, environmental issues, proximity issues, wetlands, right of ways and the list goes on and on. If the assesor or the formula fails to reflect all the issues that also affect the value of your home the assessment will not be accurate and you may be paying more than your fair share.
Here are some links to a series of posts on assessment and mill rates that you may find informative.
You and "YOUR" Propertry Tax Bill -- Property Assessment Open House Sessions
You and "YOUR" Propertry Tax Bill -- Assessment Errors Can Be Costly
Understanding Residential Property Assessment in Ontario - #7 in a series on property taxes
You and "YOUR" Property Tax Bill -- Is Your Assessment Fair and Equitable
You and "YOUR" Property Tax Bill -- OUCH!!!!!
You and "YOUR" Property Tax Bill -- Your Assessment Notice Is In The Mail
You and "YOUR" Property Tax Bill -- Mill Rate Idiosyncrasy's
You and "YOUR" Property Tax Bill -- Is Current Value Assessment (CVA) A Better Way?
You and "YOUR" Property Tax Bill -- Who Takes The Biggest Bite?
Have A Happy Thanksgiving

Historic Port Sydney is a growing community located some 12 km south of Huntsville Just off Highway 11. This picturesque town is situated on the shores of beautiful Mary Lake and the upper North Muskoka River.


High Falls - Bracebridge - The Heart Of Muskoka, Ontario
High Falls Park is Unique with 5 separate waterfalls tumbling into Clear Lake. Sometimes refered to as the "Niagara of the North" the water flows over the falls at 300 cubic feet a second. It is 882 feet above sea level and has a 48-foot drop down the cliff. The Falls are located in a town owned park surrounded by old growth forests with access to the Trans Canada Trail system. The park is about 1 minute of Hyw 11
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Have A Happy Thanksgiving Fall Colours - Thanksgiving Road Trips - Muskoka If you are out this weekend enjoying a fall colour tour Just Give Me A Call OR
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Fall Colours - Road Trips -Uxbridge and Beyond Just Give Me A Call OR
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Google Street level viewing is now available in Toronto and it is relatively easy to use.
Last summer the google crew were in Toronto taking street level photos. Now you can access them on Google maps. All you have to do is search for the address on google maps, zoom all the way in then click on the little man in the upper left hand corner of the map.
As a teenager I lived for some time with my grandmother in Toronto at 31 Simpson Ave so I tried it out and after a few minutes of orientating my self here is the result. You can send the link by email or add it to a web site
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