Detailed Tax Information

The Corporation of the Town of Cobourg
FINAL PROPERTY TAX BILLS FOR 2011

The final residential Property Tax Bills for 2011 were mailed in May and are due in two installments May 27, 2011 and September 9, 2011.

The final commerical, industrial, and multi-residential bills will be mailed in June, with installments due September 9, 2011 and October 28, 2011.

For detailed information click here to view the Tax Information Brochure

COMMERCIAL PROPERTIES

Municipal Levy Change = 0.8351%

2011 Decrease % Clawback = 52.2035%

2011 Decrease % Retained = 47.7965%

Net Class Impact = 0

MULTI-RESIDENTIAL PROPERTIES

Municipal Levy Change = 1.4257%

2011 Decrease % Clawback = 36.0896%

2011 Decrease % Retained = 63.9104%

Net Class Impact = 0

INDUSTRIAL PROPERTIES

Municipal Levy Change = 0.9854%

2011 Decrease % Clawback = 16.1490%

2011 Decrease % Retained = 83.8510%

Net Class Impact = 0

2011 CAPPING TOOLS APPLIED

1) Annualized Tax Limit - 10%

2) Prior Year CVA Limit - 5%

3) CVA Threshold Increases - $250

4) CVA Threshold Decreases - $250

5) New Construction/New To Class Floor Limit - 100%

6) Properties in all classes that were previously at CVA tax or move from capped to clawed back or move from clawed back to cap are excluded from the capping caculator.

If you have any questions pertaining to your bill please contact the Town of Cobourg Tax Office at 905-372-8944.