Tax Applications
Property owners may apply to adjust taxes to reflect a significant change in their property. Sections 357 and 358 of the Municipal Act, 2001 govern property tax adjustments.
The City must receive applications under Section 357 by the last day of February of the year following the change. Examples of eligible criteria include:
- Changes in how you use the property which may change the tax classification.
- Changes in how you use the property so the lands have become exempt from taxes.
- Fire or demolition has razed or damaged structures.
- There has been a "gross or manifest error" in the assessment.
- You are repairing or renovating the property to prevent you from using the land normally for at least three months.
Under Section 358, you must apply between March 1 and Dec. 31 for taxes in one or both of the two years preceding the application year. Consideration is given only to clerical or factual errors resulting in overcharges and does not apply to errors in judgment in assessing the property.