|
|
Capping Percentages and Levy Factor Changes
 Capping Percentages and Levy Factor Changes
|
Download the
Capping Percentages and Levy Factor Changes 1998 - 2008 document (pdf format)
| 2009 |
| Assessment Class |
% of Decrease Clawed back |
% of Decrease Retained |
% Levy Change Factor |
| Multi-Residential |
1.116 |
98.884 |
2.617 |
| Commercial |
11.360 |
88.640 |
1.755 |
| Office Building |
11.360 |
88.640 |
1.779 |
| Shopping Center |
11.360 |
88.640 |
1.790 |
| Parking Lot |
11.360 |
88.640 |
1.748 |
| Industrial |
2.329 |
97.671 |
1.578 |
| Large Industrial |
2.329 |
97.671 |
1.685 |
| Capping Parameters |
| Cross CVA Exclusion |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
| Claw-Back to CapCap to Claw-Back |
10.00% |
5.00% |
Increasers - $250.00
Decreasers - $0.00 |
| 2008 |
| Assessment Class |
% of Decrease Clawed back |
% of Decrease Retained |
% Levy Change Factor |
| Multi-Residential |
31.326 |
68.674 |
0.0125 |
| Commercial |
48.024 |
51.976 |
0.0082 |
| Industrial |
15.849 |
84.151 |
0.0041 |
| Large Industrial |
15.849 |
84.151 |
0.0041 |
| |
| Capping Parameters |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
| |
10.00% |
5.00% |
Increasers - $250.00
Decreasers - $0.00 |
| 2007 |
| Assessment Class |
% of Decrease Clawed back |
% of Decrease Retained |
% Levy Change Factor |
| Multi-Residential |
33.518 |
66.482 |
0.0393 |
| Commercial |
53.755 |
46.245 |
2.1023 |
| Industrial |
43.042 |
56.959 |
1.0076 |
| Large Industrial |
43.042 |
56.959 |
1.0076 |
| |
| Capping Parameters |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
| |
10.00% |
5.00% |
Increasers - $250.00
Decreasers - $0.00 |
| 2006 |
| Assessment Class |
% of Decrease Clawed back |
% of Decrease Retained |
% Levy Change Factor |
| Multi-Residential |
23.090 |
76.910 |
2.1919 |
| Commercial |
49.259 |
50.741 |
0.9545 |
| Industrial |
24.036 |
75.964 |
0.7591 |
| Large Industrial |
24.036 |
75.964 |
-2.9662 |
| |
| Capping Parameters |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
| |
10.00% |
5.00% |
Increasers - $250.00
Decreasers - $0.00 |
| 2005 |
| Assessment Class |
% of Decrease Clawed back |
% of Decrease Retained |
% Levy Change Factor |
| Multi-Residential |
41.503 |
58.497 |
2.7798 |
| Commercial |
55.747 |
44.253 |
1.7729 |
| Industrial |
52.795 |
47.205 |
0.8510 |
| |
| Capping Parameters |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
| |
10.00% |
5.00% |
Increasers - $250.00
Decreasers - $0.00 |
| 2004 |
| Assessment Class |
% of Decrease Clawed back |
% of Decrease Retained |
% Levy Change Factor |
| Multi-Residential |
63.894 |
36.106 |
7.6050 |
| Commercial |
52.028 |
47.972 |
4.7210 |
| Industrial |
95.019 |
4.981 |
2.3000 |
| 2003 |
| Assessment Class |
% of Decrease Clawed back |
% of Decrease Retained |
% Levy Change Factor |
| Multi-Residential |
100.000 |
0.000 |
7.3410 |
| Commercial |
90.608 |
9.392 |
4.5590 |
| Industrial |
68.961 |
31.039 |
0.000 |
| 2002 |
| Assessment Class |
% of Decrease Clawed back |
% of Decrease Retained |
% Levy Change Factor |
| Multi-Residential |
100.000 |
0.000 |
4.270 |
| Commercial |
74.380 |
25.620 |
2.610 |
| Industrial |
21.140 |
78.860 |
0.000 |
| 2001 |
| Assessment Class |
% of Decrease Clawed back |
% of Decrease Retained |
% Levy Change Factor |
| Multi-Residential |
100.000 |
0.000 |
5.550 |
| Commercial |
77.422 |
22.578 |
3.314 |
| Industrial |
25.609 |
74.391 |
0.000 |
|
|
