2009 Tax Rates

Final tax rates

Residential

Tax class: RT/RH
Tax rate: 1.022633%

Multi – Residential

Tax class: MT
Tax rate: 1.995095%

Commercial – Full

Tax class: CT/DT/GT/ST/CM/CH
Tax rate: 2.386773%

Commercial – Vacant

Tax class: CU/SU/DU/CX/CJ
Tax rate: 1.670741%

Industrial – Full

Tax class: IT/LT/IH
Tax rate: 3.677811%

Industrial – Vacant

Tax class: IU/IX/LU/IJ/IK
Tax rate: 2.390578%

Industrial – New construction

Tax class: KT
Tax rate: 3.338616%

Industrial – Farmland awaiting development

Tax class: I1
Tax rate: 0.766975%

Pipeline

Tax class: PT
Tax rate: 2.171232%

Farmland

Tax class: FT
Tax rate: 0.217127%

Managed forest

Tax class: TT
Tax rate: 0.255659%

Clawback percentage

Commercial: 76.8728%
Industrial: 66.8876%
Multi – Res: 0%

Levy change factors

Commercial: 0.02008785
Industrial: 0.02114302
Multi – Res: 0.03797399

Business Improvement Area rates

Downtown BIA

Commercial full: 0.510509%
Commercial excess land or vacant land: 0.357356%

Bronte BIA

Commercial full: 0.384632%
Commercial excess land or vacant land: 0.269242%

Kerr Street BIA

Commercial full: 0.280323%
Commercial excess land or vacant land: 0.196226%

Notional tax rates

Residential

Tax class: RT/RH
Notional tax rate: 0.990364%

Multi – Residential

Tax class: MT
Notional tax rate: 1.922105%

Commercial – Full

Tax class: CT/DT/GT/ST/CM/CH/XT
Notional tax rate: 2.339772%

Commercial – Vacant

Tax class: CU/SU/DU/CX
Notional tax rate: 1.637840%

Industrial – Full

Tax class: IT/LT/IH
Notional tax rate: 3.601661%

Industrial – Vacant

Tax class: IU/IX/LU/IJ/IK
Notional tax rate: 2.341077%

Industrial – New construction

Tax class: KT
Notional tax rate: 3.262466%

Pipeline

Tax class: PT
Notional tax rate: 2.136970%

Farmland

Tax class: FT
Notional tax rate: 0.210673%

Managed forest

Tax class: TT
Notional tax rate: 0.247591%

Note: Assessment multiplied by notional rate divided by two = Interim Bill (used for 2009 Interim Tax Bill)