Northwestern Ontario
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Housing - Schreiber / Terrace Bay

North American Trade Association

 

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NODN  

TAXABLE ASSESSMENT 

 

The taxable assessment for the two communities appears to have remianed unchangd over the past four years as illustrated by the following tables.

 

SCHREIBER

2001

2002

2003

2004

Property Class

Taxable
Assessment

Municipal
Taxes

Taxable
Assessment

Municipal
Taxes

Taxable
Assessment

Municipal
Taxes

Taxable
Assessment

Municipal
Taxes

Residential

36,367,183

873,858

35,702,730

883,286

33,222,002

928,326

32,394,480

983,591

Residential/Farm

86,300

2,074

N/A

N/A

N/A

N/A

N/A

N/A

Commercial Occupied

4,597,047

297,804

4,591,960

297,474

4,340,088

302,048

4,443,560

323,633

Commercial Tenant

31,500

2,041

N/A

N/A

N/A

N/A

N/A

N/A

Commercial Excess

19,200

871

311,000

14,103

251,760

12,265

253,195

12,908

Commercial Vacant

593,070

26,894

292,700

13,273

311,800

15,190

300,600

15,325

Multi-Residential Occupied

568,000

21,095

N/A

N/A

N/A

N/A

N/A

N/A

Multi-Residential Tenant

490,000

18,198

1,058,000

39,293

479,000

20,093

493,000

22,471

Industrial Occupied

3,000

121

N/A

N/A

N/A

N/A

N/A

N/A

  Total

42,755,300

1,242,956

41,956,390

1,247,429

38,604,650

1,277,922

37,884,835

1,357,928

Source: Ministry of Municipal Affairs Annual Financial Information Returns

TERRACE BAY

2001

2002

2003

2004

Property Class

Taxable
Assessment

Municipal
Taxes

Taxable
Assessment

Municipal
Taxes

Taxable
Assessment

Municipal
Taxes

Taxable
Assessment

Municipal
Taxes

Residential

56,353,335

1,086,005

56,469,035

1,088,235

54,552,155

1,051,294

51,339,680

1,040,681

Multi-Residential

2,798,000

147,744

2,798,000

147,744

1,386,000

73,186

1,377,000

76,391

Commercial Occupied

5,549,360

269,851

5,563,815

270,554

5,363,255

260,801

5,224,020

265,816

Commercial Excess

N/A

N/A

N/A

N/A

38,390

1,307

38,800

1,382

Commercial Vacant

79,850

2,718

85,395

2,907

32,000

1,089

33,200

1,183

Industrial Occupied

25,180

1,157

25,180

1,370

24,500

1,333

24,100

1,372

Industrial Excess

3,936,300

1,370

3,936,300

149,865

2,581,900

98,300

N/A

N/A

Large Industrial Occupied

29,281,500

1,592,607

29,281,500

1,592,607

29,817,600