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File #: ID-1360-19    Version: 1 Name:
Type: Notice of Motion Status: In Committee
File created: 6/18/2019 In control: Township Council
On agenda: 6/24/2019 Final action:
Title: Assessment Averaging and Phasing for Property Tax Increases

Title

Assessment Averaging and Phasing for Property Tax Increases

Recommended Action

Be it resolved that staff be directed to include within the 2020 budget deliberations consideration of adopting assessment averaging and phasing for all eligible property classes as outlined within the Community Charter and Assessment Averaging and Phasing Regulation “to moderate the impact of sudden changes in the assessed value of land” (s198(2)).