Tax Rates 2026

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Final Tax Rates 2026
Property Class	City Tax Ratio	City Tax Rate	Education Tax Rate	Total Tax Rate	CVA *	City Tax Levy	Education Levy	Total Levy
Residential (RT)	1.0000	0.0144210794	0.0015300	0.0159510794	10,170,215,874	$146,665,491	$15,560,430	$162,225,921
Residential (Education Only) (RD)	0.0000	0.0000000000	0.0015300	0.0015300000	624,000	$0	$955	$955
Multi-Residential (MT)	1.8489	0.0266631337	0.0015300	0.0281931337	437,113,569	$11,654,817	$668,784	$12,323,601
New Multi-Residential (NT)	1.1000	0.0158631873	0.0015300	0.0173931873	130,601,100	$2,071,750	$199,820	$2,271,570
Commercial (Occupied) (CT, DT, GT, ST)	1.7121	0.0246903300	0.0088000	0.0334903300	1,764,281,376	$43,560,689	$15,525,676	$59,086,365
Commercial Excess Lands/Vacant Lands (CU, CX, CZ, DU, SU)	1.7121	0.0246903300	0.0088000	0.0334903300	46,971,383	$1,159,739	$413,348	$1,573,087
Commercial - Hydro (CH)	1.7121	0.0246903300	0.0000000	0.0246903300	11,594,000	$286,260	$0	$286,260
Industrial (Occupied) (IT, LT)	2.1773	0.0313990162	0.0088000	0.0401990162	528,581,537	$16,596,940	$4,651,518	$21,248,458
Industrial Excess Lands/Vacant Lands (IU, IX, IJ, IU, LU)	2.1773	0.0313990162	0.0088000	0.0401990162	72,525,355	$2,277,225	$638,223	$2,915,448
Industrial - Hydro (IH)	2.1773	0.0313990162	0.0000000	0.0313990162	157,800	$4,955	$0	$4,955
Pipelines (PT)	1.7404	0.0250984466	0.0088000	0.0338984466	29,801,000	$747,959	$262,249	$1,010,208
Farmland (FT)	0.2500	0.0036052698	0.0003825	0.0039877698	38,728,100	$139,625	$14,813	$154,438
Managed Forest (TT)	0.2500	0.0036052698	0.0003825	0.0039877698	692,600	$2,497	$265	$2,762
Total Taxable Assessment					13,231,887,694
Total Levy						$225,167,947	$37,936,081	$263,104,027

* Current Value Assessment (CVA) related to Exempt, Payment in Lie of Taxes are not included in this scheduled.

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