Download the Capping Percentages and Levy Changes 1998 - 2011 document (pdf format)
| Assessment Class |
% of Decrease Clawed Back |
% of Decrease Retained |
% Levy Change Factor |
|---|
Multi-Residential |
6.005 |
93.945 |
0.1857 |
|---|
| Commercial |
12.155 |
87.845 |
0.1274 |
|---|
| Office Building |
12.155 |
87.845 |
0.1296 |
|---|
| Shopping Centre |
12.155 |
87.845 |
0.1321 |
|---|
| Parking Lot |
12.155 |
87.845 |
0.1274 |
|---|
| Industrial |
0.872 |
99.128 |
0.0828 |
|---|
| Large Industrial |
0.872 |
99.128 |
0.0902 |
|---|
| Capping Parameters |
|---|
| Cross CVA Exclusion |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
|---|
Claw-Back to Cap
Cap to Claw-Back |
10.00% |
5.00% |
Increasers - $250.00
Decreasers - $0.00 |
|---|
| 2010 |
|---|
| Assessment class |
% of Decrease Clawed Back |
% of Decrease Retained |
% Levy Change Factor |
|---|
| Multi-Residential |
3.021 |
96.979 |
-0.1068 |
|---|
| Commercial |
19.134 |
80.866 |
-0.0727 |
|---|
| Office Building |
19.134 |
80.866 |
-0.0738 |
|---|
| Shopping Centre |
19.134 |
80.866 |
-0.0748 |
|---|
| Parking Lot |
19.134 |
80.866 |
-0.0726 |
|---|
| Industrial |
4.823 |
95.177 |
-0.0693 |
|---|
| Large Industrial |
4.823 |
95.177 |
-0.0761 |
|---|
| Capping Parameters |
|---|
| Cross CVA Exclusion |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
|---|
Claw-Back to Cap
Cap to Claw-Back |
10.00% |
5.00% |
Increasers - $250.00
Decreasers - $0.00 |
|---|
| 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 Centre |
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 Paramaters |
|---|
| Cross CVA Exclusion |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
|---|
Claw-Back to Cap
Cap 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 |
1.25 |
|---|
| Commercial |
48.024 |
51.976 |
0.82 |
|---|
| Industrial |
15.849 |
84.151 |
0.41 |
|---|
| Large Industrial |
15.849 |
84.151 |
0.41 |
|---|
| Capping Parameters |
|---|
| Cross CVA Exclusion |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
|---|
Claw-Back to Cap
Cap to Claw-Back |
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 |
|---|
| Cross CVA Exclusion |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
|---|
Claw-Back to Cap
Cap to Claw-Back |
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 |
|---|
| Cross CVA Exclusion |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
|---|
Claw-Back to Cap
Cap to Claw-Back |
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 |
|---|
| Cross CVA Exclusion |
Annualized Tax Limit |
Prior Year CVA Tax Limit |
CVA Tax Threshold |
|---|
Claw-Back to Cap
Cap to Claw-Back |
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 |
|---|