01.01.2015 Views

Untitled - Waterfront BIA

Untitled - Waterfront BIA

Untitled - Waterfront BIA

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

TAX COMMITTEE<br />

What Else Can Be Done<br />

TA<strong>BIA</strong> is constantly pressing both the provincial and municipal governments to provide relief to our<br />

membership. But the efforts of individual <strong>BIA</strong>’s and <strong>BIA</strong> members are also vital. Contact your local<br />

Councillor. Insist that he or she come to Board meetings and to your AGM. Insist that he or she lay out<br />

their position on the tax issue. Repeat the process with your local MPP. Write Mayor Miller and outline<br />

the problems you are having with CVA. Explain what it will mean to your business if full CVA tax level is<br />

accelerated. Repeat the process with the Minister of Finance, The Honourable Greg Sorbara, and with<br />

the Minister of Municipal Affairs, The Honourable John Gerretsen. Send copies of your letters to your<br />

local MPP and to your local Councillor. Follow up each communication on a monthly basis, by telephone<br />

and by letter, asking the addressee what progress has been made, and what steps are being taken.<br />

Cooperate with TA<strong>BIA</strong> in any campaign for which TA<strong>BIA</strong> might enlist the support of <strong>BIA</strong>’s and <strong>BIA</strong><br />

members. We have a membership of over 25,000. Together we can make a difference! And if you need<br />

help, we are available. Call John Kiru at (416) 889-4111 or Lionel Miskin at (416) 222-4582.<br />

MPAC – Ombudsman:<br />

Those of you who are appealing your current assessments, or have requested a re-consideration, should<br />

review the Ombudsman’s report on the Municipal Property Assessment Corporation (MPAC). The report<br />

can be found on the Ombudsman’s website at www.ombudsman.on.ca. It outlines a number of changes<br />

which MPAC has apparently already instituted in its practices, and will give you a better understanding<br />

of how MPAC might conduct itself, and what advantages you might gain in the course of your appeal.<br />

TAX COMMITTEE - YOUR TAX BILL EXPLAINED<br />

Tax Levy Sub-total (Municipal and Education) What you would pay for the year for municipal and ed.<br />

Levies if no capping or claw backs<br />

Special Charges Usually your <strong>BIA</strong> levy<br />

2006 Tax Cap Adjustment The amount which you are gaining or losing because of the caps and claw backs<br />

Final 2006 Taxes The total of everything you have to pay<br />

2006 CVA Taxes Amount you would pay if no capping or claw backs<br />

2005 Annualized Taxes That’s the amount you paid last year - if you had mid-year adjustments, the<br />

amount was annualized so you can compare the two years<br />

2006 Tax Cap Amount That’s the amount by which capping has changed your bill<br />

2006 Provincial Education Levy Change The amount of change in your bill because of changes in the<br />

education rate<br />

2006 Local Municipal Levy Change The amount of change in your bill because of changes in the<br />

municipal rate<br />

2006 Adjusted Taxes The amount you are actually paying in 2004 for education and municipal taxes<br />

10

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!