Adjala-Tosorontio posted largest 2024 assessment growth in Simcoe County, New Tecumseth near bottom

 

Posted March 18, 2025​

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Adjala-Tosorontio's current value assessment (CVA) available for 2025 property taxation, increased 7.14 per cent or $190.6 Million to $2.8 billion in 2024, the highest of all 16 municipalities in Simcoe County by percentage. That was followed by Wasaga Beach whose total CVA grew 3.75 per cent.

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New Tecumseth, was second lowest in growth at 0.58, or $46.1 million. it's smallest showing in many years, ahead only of Midland which grew 0.42 per cent or $9.7 million. Overall, Simcoe County's CVA grew an average of 2.13 per cent or $1.5 billion raising the total value of property to $73.1 billion. Of that, the County will levy $213.6 million in taxes a 2.22 per cent increase or $4.6 million more.

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New Tecumseth ratepayers will be tapped for $23.3 million, up 0.62 per cent, over last year. That's third highest behind Bradford at $25.5 million, and Innisfil at $28.2 million.

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