On June 22nd Council there is a report recommending tax rates.  We approved our 2020 operating budget in January; this now defines how the required tax levies will  be collected; how much a residential, commercial, industrial property pays.  And ultimately it defines what your and my tax rate is which is then factored against your current value assessment. The residential tax rate for 2020 is .00793011 which is 3.98% lower than  2019. This appendix to the report  includes a  tax rate schedule for all classifications and provides a ward by ward review of tax burden.    In Ward 5 1,563 properties have increase; 26% of those have increases <$100.  In Ward 5 210 have decreases.

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