The property tax is the largest and most important revenue source for municipalities. It is the only tax that municipalities have the authority to collect. Property taxes are calculated by multiplying the property assessment by the tax rate applied to the property. The County of Essex and the lower-tier municipalities set tax rates.
The Municipal Property Assessment Corporation (MPAC) is responsible for determining a value on all properties in Ontario. If you visit this website, you can check your property assessment (CVA) and get answers to frequently asked assessment questions.
The tax rate in the County of Essex consists of three components. They are (1) local municipal (2) County of Essex and (3) Education.
Each of these components is related to the budgetary needs of the three entities. The tax rate is expressed as a percentage of a property's assessed value. Each property class has its own tax rate. The tax rate multiplied by the assessed value, results in the amount of property taxes payable for the year. For example, if the residential tax rate is 0.01342493 and the assessed value is $200,000, the property taxes would be $2,684.98 (see table below).
Residential Property Example
Tax Rate A
Property Taxes C= A X B
County of Essex portion
Education (Province) portion
Local Municipal portion (AVG)
Windsor and Essex County Property Tax Mill Rate information by Community
A recent report indicates that one in eight homes are incorrectly assessed by the Municipal Property Assessment Corporation (MPAC), defined as having an assessment that is off by more than 20% of the proven market value.
To challenge MPAC successfully you need to prove to them the correct market valuation of your property with support documentation. One method to determine FMV of your property is to obtain a free no obligations market evaluation from a licensed realtor, who better is equipped to provide the necessary support documentation requirements.
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