Stratford ~ Community Excellence With Worldwide Impact!
  Search  
| Terms Of Use | Linking Policy |  Contact Us  

City Hall
Taxes - Final Tax Rates
[ previous screen ]

The amount of property taxes paid in Stratford is calculated using two variables: the CVA of a property as calculated by the Ontario Property Assessment Corporation and the tax rate as determined by the revenue requirements of the City of Stratford.

The 2010 Tax Rates

Code Tax Class City Education Total
 RT Residential Taxable 0.012127720 0.002410000 0.014537720
 R1 Residential Taxable Farmland 1 0.003031930 0.000602500 0.003634430
 RD Residential School Taxes Only 0.000000000 0.002410000 0.002410000
 MT Multi-Residential 0.026121905 0.002410000 0.028531905
 CT Commercial Occupied 0.023963610 0.020543880 0.044507490
 DT/ST Office Building/Shopping Centre Taxable 0.023963610 0.020543880 0.044507490
 XT/ZT Commercial/Shopping Centre New Construction 0.023963610 0.014300000 0.038263610
 CX/CU Commercial Vacant Unit/Vacant Land 0.016774527 0.014380720 0.031155247
 SU Shopping Centre Tax Vacant 0.016774527 0.014380720 0.031155247
 XU Commercial New Construction Excess Land 0.016774527 0.010010000 0.026784527
 IT/LT Industrial/Large Industrial Taxable 0.036882610 0.024500000 0.061382610
 JT/KT Industrial/Large Industrial New Construction 0.036882610 0.014300000 0.051182610
 IX/IU Industrial Vacant Unit/Vacant Land 0.023973697 0.015925000 0.039898697
 LU Large Industrial Tax Vacant 0.023973697 0.015925000 0.039898697
 KU Large Industrial New Construction Excess Land 0.023973697 0.009295000 0.033268697
 I1 Industrial Taxable Farmland 0.003031930 0.000602500 0.003634430
 PT Pipeline Taxable 0.018300730 0.013303910 0.031604640
 FT Farmland Taxable 0.003031930 0.000602500 0.003634430



Capping & Threshold Parameters Used Multi-residential Commercial Industrial
2010 Decrease % ClawBack 0.00 23.3598 7.0481
2010 Decrease % Retained 100 76.6402 92.9519
Annualized Tax Limited 10.00% 10.00% 10.00%
Prior Year CVA Tax Limited 5.00% 5.00% 5.00%
CVA Tax Threshold - Increasers $250 $250 $250
Capping Option Revenue Neutral Revenue Neutral Revenue Neutral
Net Class Impact 0 0 0
Minimum Tax Level for new Construction 70% 70% 70%

Overall Levy Change
 Residential/Farm 5.1680%
 Multi-residential 5.7004%
 Commercial 1.6611%
 Shopping Centre 1.6611%
 Office Building 1.6611%
 Industrial 1.8573%
 Large Industrial 1.8573%
 Pipelines 3.5314%
 Farmlands 5.1680%

Click here for 2009 Tax Rates



City of Stratford
P.O. Box 818, Stratford Ontario N5A 6W1
General Inquiries: 519-271-0250 TTY: 519-271-5241
© THE CORPORATION OF THE CITY OF STRATFORD 2010