Capping and Clawback Percentages

Properties in the commercial, industrial and multi-residential classes are subject to tax increases capped or limited to 10% over the prior year's annualized taxes. Municipal budgetary increases are in addition to the 10% cap limit. For properties that are decreasing under the capping legislation, a portion of the tax decrease is withheld to fund the cap on tax increases. Please refer to Schedule 3 on the back of your tax bill for a detailed calculation of your taxes.

Capping and clawback schedules are also available for 2016 and 2017.

2018