Assessed Value x Local and Regional Municipal Tax Rates = Amount of Municipal Property Tax
Assessed Value x Education Tax Rate = Amount of Education Property Tax
Local and Regional Municipal Property Taxes + Education Property Tax = Total Property Taxes
| Property Class | Tax Class | 2008 Tax Rate |
| Residential | RT / RH | 1.045711% |
| Multi-Residential | MT | 2.032152% |
| Commercial-Full | CT / DT / GT / ST / CM / CH | 2.513220% |
| Commercial-Vacant | CU / SU / DU / CX / CJ | 1.759253% |
| Industrial-Full | IT / LT / IH | 3.767789% |
| Industrial-Vacant | IU / IX / LU / IJ / IK | 2.449063% |
| Industrial-Farmland Awaiting Development | I1 | 0.784284% |
| Pipeline | PT | 2.232637% |
| Farmland | FT | 0.222342% |
| Managed Forest | TT | 0.261429% |
Clawback Percentages
- Commercial: 60.4955000%
- Industrial: 44.6856000%
- Multi-res: 53.2533000%
Levy Change Factors
- Commercial: .02274545
- Industrial: .02462697
- Multi-res: .04461759
Business Improvement Area Rates - Downtown BIA
- Commercial full: .542903%
- Commercial excess land or vacant land: .380032%
Business Improvement Area Rates - Bronte BIA
- Commercial full: .483948%
- Commercial excess land or vacant land: .338764%
Business Improvement Area Rates - Kerr Street BIA
- Commercial full: .289860%
- Commercial excess land or vacant land: .202902%
