Recommendation
That the following tax ratios be approved:
Residential 1.0000
Multi-Residential 1.7000
Farmland 0.2400
Managed Forest 0.2500
Commercial 1.9000
Industrial 2.5500
Pipelines 1.7750
Landfill 1.1000
And that a reduction in the Tax Rate of 35% apply to the following:
• Farmland Awaiting Development
• Commercial Vacant and Excess Land
• Industrial Vacant and Excess Land
And that a reduction in the Tax Rate of 75% apply to the following:
• Commercial small scale on farm subclasses 1 and 2
• Industrial small scale on farm subclasses 1 and 2