With municipal taxation under review, community input is a key component and Council is urging all Port Hope ratepayers to participate in the process, a press release states.
Services approach once fully implemented, would result in a 7% decrease ($66 per $100,000 in weighted assessment) on the Municipal portion of Ward 1 tax bills. Ward 2 properties would see a 46.9% increase ($207 per Soccer Cleats 2017
$100,000 in weighted assessment) on the Municipal portion of the property tax bill.
The amalgamation formula did not reflect that all residents of the new municipality had equal access to and share the costs of facilities and services provided by the Municipality nor did it allow flexibility for changes to services, costs and legislation over time. The amalgamation formula was approved by the new Council to move forward with taxation and cover transactions during the transition period on the understanding that it was to be reviewed within five years.
Using 2013 as the base year, and residential property as an example, the Common Plus Special Football Boots Pink
properties, based on weighted assessment. Where a service is not being provided throughout the Municipality, or is being provided at different levels or in a different manner in different parts of the Municipality, it can be considered a service and a separate, additional rate is applied to each area for those special services. Proximity to or frequency of use of any service is not a consideration of Nike Soccer Shoes Pink whether it is considered a common service, the determination is made solely on the basis of whether or not a service or facility is accessible and available to a group of taxpayers.
An open house will be held on Monday, Oct. Council members and Staff will be in attendance to provide information and answer questions.
review will ultimately affect all ratepayers in the Municipality and it is important that the community participates in the process," Mayor Linda Thompson states in the release. "The six options being presented were developed as a launching point for dialogue and we encourage everyone to review the information and send us their comments. Hope Municipal taxation model is being reviewed to revise the approach put in place in 2001. The formula implemented at amalgamation calculated separate tax rates for Ward 1 and Ward 2 using weighted assessment and pre amalgamation operating expenses (Ward 1 at 85.8% and Ward 2 at 14.2%) for the Town of Port Hope and the Township of Hope to establish the ratio.
Six options have been developed for a Common Plus Special Services approach. In accordance with the Municipal Act, all Municipal services are deemed common to all ratepayers and a common tax rate would be applied to all Football Boots For Kids 2017
All comments received by Nov. 15 will be considered in the development of a report to Committee of the Whole on Nov. 26 outlining recommendations for a Municipal taxation approach for 2014 and beyond.
Open house to focus on Port Hope taxation
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