Property Tax and Assessment

2011 is the third year of the Province-wide property re-assessment which began in 2009. For the first time, assessment increases for all classes of property will be phased in over four years. Any property tax decreases were recognized fully in 2009. The tax rate increase for 2011 is 2.6%. For a residential property assessed at $179,000 when combined with the changes to the County and Education levy, the total annual increase for most ratepayers is around 2.2% or $55. Because of shifts between different types of property classes, assuming no change in assessment, there will be tax changes ranging from a decrease of 9% to an increase of 5%. The actual residential tax rate has decreased by 2.4%, but due to assessment increases most properties will see an increase. Of course, those properties which have had a change in assessment due to a building addition, a change in assessment class, a successful assessment appeal or various other property-specific changes will have higher or lower changes in taxes.

2011 Tax Rates

How it is Calculated

The assessments used to calculate this year's tax rate are based on Current Values as at January 1, 2008. Changes in assessment will have an effect on a property's final tax bill. If the assessment has gone up or down due to a reassessment, there will be a correspondingly higher or lower increase in taxes.

Request for Reconsideration

Residential, Farm and Managed Forest property owners must complete the Request for Reconsideration process before making an appeal to the Assessment Review Board. There is no charge for the R for R process and forms are available at the Town Office. The deadline to appeal your 2011 assessment has passed. The 2012 assessments can by appealed to the Municipal Property Assessment Corporation (MPAC) using the R for R process before March 31, 2012. Once you have been notified by MPAC of their decision, property owners have 90 days to appeal that decision to the ARB. Changes in assessment will affect the impact of tax rate changes on a particular property.

Useful Contacts

Property tax calculations remain complex. If you have further questions, these contact numbers may be useful:

Tax Reduction & Rebates

The Town of Minto has approved a tax reduction program for qualified low-income seniors and disabled residential class property owners. A Vacancy Rebate Program for Commercial and Industrial properties continues in 2011. A program to rebate a portion of taxes for charities or similar non-profit organizations that occupy commercial or industrial property has been approved by the County of Wellington.

Tax Dollar Expenditure Broken Down

The Town of Minto's typical tax dollar of expenditure is broken down as follows: