Tag Archives: Capital Projects

Sarnia property taxes up 1.8% in 2010

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Property taxes in Sarnia, Ont., will go up 1.8 per cent in 2010, according to the new budget set by city councillors at a meeting Tuesday night.

The $132-million budget also includes a one-time one per cent levy to complete capital projects worth $20.4 million.

Overall, “it’s a restraint budget” that cuts services “in very subtle ways,” said Coun. Mike Kelch.

“I don’t think it’s really going to [have an] impact,” Kelch said. “I don’t think people will say ‘Oh, I really notice that.’”

The property tax increase will translate to $15 for a home assessed at $100,000, the budget said.

That’s “a very modest tax increase,” Mayor Mike Bradley said, adding it will help pay for “a massive infrastructure investment in the community” in 2008 and 2009.

“So that in turn creates jobs, renews the community and gives us a real strong way to exit the recession,” Bradley said.

The city released its 228-page draft budget on Oct. 26. It proposed a property tax hike of 2.75 per cent, which was whittled down to 1.8 per cent during a series of discussions that ended Tuesday night.

Sarnia’s transit department will see its own increase, as the cost of a bus ride jumps to $2.25 from $2.00.

http://www.cbc.ca/canada/windsor/story/2009/12/02/sarnia-2010-property-tax-091202.html#ixzz0ig5iN9Pr

Property Tax Assessments to be Mailed Soon
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Canadian Taxpayers Federation handed out survey figures

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The Canadian Taxpayers Federation (CTF) has released the results of the six item question municipal candidate survey held for the civic election in Saskatoon. The survey is bound to know more about taxation powers and levels, capital projects with potentially high expenses, and recycling.
Among the 11 eleven respondents of the Canadian Taxpayers Federation’s survey, seven were open and recognizes the ability for the City of Saskatoon to levy more kinds of taxes, two were undecided and the two left (Robert Godfrey and Mark Horseman) completely opposed any appeals that would allow the city to receive such powers.
“The movement amongst mayors and city councils to want more tax powers is strong,” said CTF Saskatchewan Director Lee Harding. “Toronto received additional taxation powers in 2006 and has since levied a Municipal Land Transfer Tax and a Municipal Vehicle Ownership Tax. “The City of Winnipeg ran with this idea after it was proposed by the CTF, and it has been quite the success,” continued Harding. “With the strong support for this idea from council candidates, hopefully Saskatoon will soon be the next to implement it city-wide.”
One of the opposed candidate, Mark Horseman was against spending tax money to replace the Mayfair Pool, Saskatoon’s least-used and slated for closure. This act would in fact save an estimated $5 million of taxpayers money. On the other hand, Carol Reynolds opposed the blue box recycling program of the city.

The Canadian Taxpayers Federation (CTF) has released the results of the six item question municipal candidate survey held for the civic election in Saskatoon. The survey is bound to know more about taxation powers and levels, capital projects with potentially high expenses, and recycling.

Among the 11 eleven respondents of the Canadian Taxpayers Federation’s survey, seven were open and recognizes the ability for the City of Saskatoon to levy more kinds of taxes, two were undecided and the two left (Robert Godfrey and Mark Horseman) completely opposed any appeals that would allow the city to receive such powers.

“The movement amongst mayors and city councils to want more tax powers is strong,” said CTF Saskatchewan Director Lee Harding. “Toronto received additional taxation powers in 2006 and has since levied a Municipal Land Transfer Tax and a Municipal Vehicle Ownership Tax. “The City of Winnipeg ran with this idea after it was proposed by the CTF, and it has been quite the success,” continued Harding. “With the strong support for this idea from council candidates, hopefully Saskatoon will soon be the next to implement it city-wide.”

One of the opposing candidate, Mark Horseman was against spending tax money to replace the Mayfair Pool, Saskatoon’s least-used and slated for closure. This act would in fact save an estimated $5 million of taxpayers money. On the other hand, Carol Reynolds opposed the blue box recycling program of the city.

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Understanding property tax numbers not that difficult

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Are property tax talks making your head spin? The numbers and the percentages – it can all be a bit overwhelming.
If you’re one of the few who understands it all, share the wealth. If you don’t quite grasp the concept, read on.

Grande Prairie city council passed the 2009 property tax, raising municipal taxes by 10.5% and bringing the overall rate to 9.4%. Confused?

Well here it goes.

Total property taxes are made up of the education tax (20%), which is set by the province, and the municipal tax (80%) set by the city. Both rates went up this year: Taxes for the educational system went up 6.3% and there was a 10.5% increase for the city. When combining the two rates, the overall increase in property tax this year works out to 9.4%.

The hike will see the average homeowner pay an additional $290 in property tax in 2009. A home assessed at $300,000 in 2008 paid $2,604. The same house’s assessed value decreased to $273,000 this year, but with the tax increase, that homeowner will pay $2,894 in taxes.

The city will collect a total of about $90 million in property taxes in 2009, of which $71.5 actually stays in the bank, while $19 million goes to the province for education taxes.

And now for the important part – where is your money going?

Some $11.5 million goes to capital projects, but does not completely cover the total capital expenses for the year. Costs are also paid with grants and the Municipal Sustainable Initiative – a 10-year provincial funding program that began in 2007, meant to provide municipalities with funds on an annual basis.

Projects for 2009 include the Aquatics Multiplex, $3 million for Aquatera’s community energy system and a third fire hall worth nearly $4.7 million.

Taxpayers contribute with $60 million of the total $98 million needed for the operating budget. The rest of the cost is covered through user fees, franchise fees, investments, unconditional grants and other sources of revenue.

For every dollar you pay in taxes, 30 cents goes to protective services, 26 cents to community services, 22 cents to public works, 19 cents to the school boards, two cents for government services and one cent for other demands.

http://www.dailyheraldtribune.com/ArticleDisplay.aspx?e=1556306

Property Tax Assessments to be Mailed Soon

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