Today's date: Sunday September 24, 2017
   
column width padding column width padding
The Wellington Advertiser Masthead Logo

We Cover The County...
39,925 Audited Circulation

WEEKLY POLL   |   Community News   |   EQUINE   |   Schools & Buses

Facebook Slug
Enhanced_728x90
column width padding column width padding

Appeals minimize county assessment growth

by Patrick Raftis

GUELPH - Wellington County is “treading water” in terms of revenue-generating assessment growth, says the chair of the county’s administration, finance and human resources committee.

“It’s almost like you’re standing still because as we gain the growth, we lose the growth,” councillor Chris White told county council on Feb. 23.

White was commenting  on an update on supplementary revenue and write-offs and an overview of 2017 assessment rolls presented in a report by county treasurer Ken DeHart.

The analysis is based on 2017 phased-in current value assessment (CVA) as provided by the Municipal Property Assessment Corporation (MPAC), explained DeHart.

He noted this is the first year of the mandatory phase-in of the 2016 base-year reassessment.

Additional revenue in 2016 for county purposes was $1,996,291 which, DeHart pointed out, is substantially higher than the budgeted amount of $800,000. The county share of write-offs in 2016 was $1,137,884.

“However gravel pit deductions totaling $519,005 (includes refunds processed for the 2016 tax year and an additional provision set up for remaining gravel pit write-offs to be processed), when added to the additional provision for other assessment at risk, increases the total write-off amount to $1,920,141 (budgeted at $850,000), resulting in a net revenue gain of $76,501 for county purposes,” the report states.

Assessment at risk is the value associated with properties for which unresolved Assessment Review Board appeals have been lodged.

The largest write-offs that pertain to properties other than gravel pits lie within Puslinch ($278,655) and Centre Wellington ($535,985).

In Puslinch, the figure relates to 56 properties. Centre Wellington had fewer affected properties with more significant reductions, including over $200,000 for a standard industrial property and over $200,000 for an automotive parts plant.

In its third quarter report, MPAC provided a list of the top outstanding Assessment Review Board appeals in Wellington County based on assessment value at risk. Four of the top ten are in Puslinch and two of those are gravel pits.

Other outstanding appeals include:

- Morguard, with a CVA of $34,249,000, scheduled for a hearing on March 15, and

- TG Minto, scheduled for a hearing on April 28. The value under appeal is $15,092,000.

“It’s man-made loss; I mean it’s MPAC and the way they’re assessing the pits,” stated White.

“If the Walmarts and the Home Depots and all of those stores, like they’ve done in the states, convince MPAC that they should get the money back … it’s like treading water.

“So even the provincial uploads and stuff like that all becomes moot when we lose this … so this is a fight we need to move on.”

March 10, 2017

 
 

Tell Us What You Think

Login to submit a comment

Comments appearing on this website are the opinion of the comment writer and do not represent the opinion of the Wellington Advertiser. Comments that attack other individuals or are offensive, unsubstantiated or otherwise inappropriate will be removed. You must register or log in in order to post a comment. For more information, read our detailed Comment Policy and Guidelines.

       

ReliableFord

Spacer

Wellington North Guide 2017-2018

Related Stories

  • Rainbow Chorus brings Broadway to Guelph stage
  • Arts council welcomes new executive director
  • Police see high costs from pocket 9-1-1 calls
  • Farm and Food Care opens for business
  • Military history lectures at citys Civic Museum
  • Animal tracking workshop to be held at Guelph Arboretum
  • OFA President speaks to stand for green energy
  • Auditions for Youth choir
  • Concert band hosts celebration
  • Living with Less free workshops start Jan. 16
  • Paper Hammers helps Habitat for Humanity
  • Grain Farmers of Ontario add elevators to SellSmart app
  • Trillium grant to help adults with disabilities
  • Area appeal raised over $3 million for annual United Way campaign
  • New Years Day concert at River Run Centre
  • Rotary Club offers Sparkles in the Park
  • column width padding column width padding column width padding

    The Wellington Advertiser

    News

    Opinion

    Community

    Deaths

    Digital Publications

    Classifieds


    Twitter Logo

    Free Press News Network Logo