Tax rates for City of Charlottetown’s 2018 budget

— Municipal tax rate of 67 cents per $100 of assessment be levied against all noncommercial property

— The non-commercial component of property which is owned by a non-resident person or non-resident corporation shall be $1.33 per $100 of assessment

— The non-commercial component of hotels and motels shall be 91 cents per $100 of assessment where owner is a resident person or resident corporation; $1.57 per $100 of assessment where owner is a non-resident person or non-resident corporation — Non-commercial component of apartment buildings containing four or more units shall be 91 cents per $100 of assessment where owner is a resident person or resident corporation; or $1.57 per $100 of assessment where owner is a non-resident or a non-resident corporation — Non-commercial component of properties located in the Parkwood Estates and Riverview Estates mobile home parks shall be 42 cents per $100 of assessment where the owner is a resident person or resident corporation; or $1.08 per $100 of assessment where the owner is a non-resident person or a non-resident corporation — A municipal tax rate of $2.36 per $100 of assessment be levied against all commercial property

— City requests province collect an additional 18 cents per $100 of assessment on all commercial properties within the Business Improvement Area. Money used by Downtown Charlottetown Inc. to market and enhance the downtown core.