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Final 2019 local tax levy nears $35 million

Posted May 14, 2019

Simcoe County's final tax ratios for lower tiers have been established and confirm New Tecumseth ratepayers will be tapped for $34.9 million in property taxes for municipal purposes an increase of 2.66 per cent over last year, or an average of about $59 on a home with an assessed value of $420k.

Residential taxes will contribute about $29.4 million; $2.75 million from commercial; $1.8 million from industrial; and farm, $491k.

New Tecumseth will also levy about $19 million for the County's portion, third highest of 16 municipalities.


All stories, unless otherwise noted,
by Tony Veltri