Something doesn’t add up on my tax bill
RE: Hamilton taxes
The targeted tax increase is pointed out in this article and the city is aiming for a 1.8 per cent increase over 2016.
I find it strange that the increase they are going to get due to my property assessment increase of 8.90909 per cent over last year will already result in a $260.01 tax increase. This is accounting for the 6 Levy Types on my bill. Adding in the same Education Levy as last year, in the absence of any other amount, the increase remains at $260.01, but the percentage increase is still 7.50253, either of which far exceeds the 1.8 per cent goal and obviously also the current 4.2 per cent level they are attempting to reduce.
Whatever the final increase, it will be applied to the increase they’ll get automatically from my mounting assessment.
How does this make sense? Is the city ignoring this built-in tax increase? Barrington J. Barlow, Waterdown