COMTÉS UNIS DE PRESCOTT ET RUSSELL UNITED COUNTIES OF PRESCOTT AND RUSSELL ORDRE DU JOUR RÉUNION DU COMITÉ PLÉNIER 13 avril 2016 9 h 00 AGENDA COMMITTEE OF THE WHOLE April 13, 2016 9:00 a.m. 1. OUVERTURE DE LA RÉUNION 1. OPENING OF THE MEETING 2. PRÉSENCES / ABSENCES 2. ROLL CALL 3. DÉCLARATION D INTÉRÊTS PÉCUNIAIRES 3. DISCLOSURE OF PECUNIARY INTEREST 4. ADOPTION DE L ORDRE DU JOUR 4. ADOPTION OF THE AGENDA 5. PÉTITIONS ET DÉLÉGATIONS Mme Joyce Gravelle Directeur des comptes, relations avec les intervenants municipaux, SÉFM Re : Mise à jour de l évaluation 2016 6. SUJETS MEMBRES DU CONSEIL Fernand Dicaire 1) Assurances collectives Jeanne Charlebois 2) Frais de traduction à la cour des infractions provinciales 3) Rétention et expansion des entreprises 7. SUJETS DES CHEFS DE DÉPT. Stéphane P. Parisien 4) Pacte de l amitié avec les MRC Carole Lavigne 5) Grand tour Desjardins et autres événements cyclistes à venir Julie Ménard Brault 6) Renouvellement du contrat des vérificateurs municipaux Marc Clermont 7) Charges réduites sur les chemins de Comté Louis Prévost 8) Offre d achat d une propriété provenant du canton d Alfred et Plantagenet 9) Mise-à-jour du Plan officiel 8. SUJETS À HUIS CLOS Stéphane P. Parisien 1) Collège d Alfred (par. 239(2)c) acquisition ou disposition projetée ou en cours d un biensfonds par les Comtés) 5. PETITIONS AND DELEGATIONS Mrs. Joyce Gravelle Account Manager, Municipal and Stakeholder Relations, MPAC Re: 2016 Assessment Update 6. COUNCIL MEMBERS ITEMS Fernand Dicaire 1) Collective Insurance Jeanne Charlebois 2) Translation costs at the Provincial Offences Court 3) Business Retention and Expansion 7. DEPARTMENT HEADS ITEMS Stéphane P. Parisien 4) Friendship Agreement with MRCs Carole Lavigne 5) Grand tour Desjardins and other forthcoming cycling events Julie Ménard Brault 6) Renewal of contract for municipal auditors Marc Clermont 7) Reduced loads on County Roads Louis Prévost 8) Purchase Offer for property from the Township of Alfred and Plantagenet 9) Update on the Official Plan 8. CLOSED SESSION Stéphane P. Parisien 1) Alfred College (Section 239)2)c) being a proposed or pending acquisition or disposition of land by the Counties) 9. AJOURNEMENT 9. ADJOURNMENT
Delivering the 2016 Assessment Update United Counties of Prescott & Russell April 13, 2016 Joyce Gravelle Account Manager Municipal & Stakeholder Relations
AGENDA Property Assessment and Taxation 2016 Assessment Update The Residential Experience How can I learn more about my assessment? Enhancing Municipal Engagement OVER 1,700 Preliminary Market Trends employees across the province OVERSIGHT provided by the Ministry of Finance 15-MEMBER Board of Directors Made up of municipal, Provincial and taxpayer representatives, appointed by the Ministry of Finance
PROPERTY ASSESSMENT AND TAXATION
PROPERTY ASSESSMENT & PROPERTY TAXES The Ontario Property Taxpayer The Municipal Property Assessment Corporation determines Current Value Assessments and classifications for all properties in Ontario. The Provincial Government passes legislation, sets assessment policies and determines education tax rates. The Province also operates an independent assessment appeal tribunal the Assessment Review Board (ARB). Municipalities determine revenue requirements, set municipal tax rates and collect property taxes to pay for your municipal services. Police and fire protection Roads, sidewalks, public transit Waste management Parks & leisure facilities
ONTARIO S ASSESSMENT CYCLE 2008 2009-2012 Tax Years January 1, 2008 (valuation date) 2012 2013-2016 Tax Years January 1, 2012 (valuation date) 2016 2017-2020 Tax Years January 1, 2016 (valuation date)
PHASE-IN EXAMPLE ASSESSMENT OVERVIEW Under the Assessment Act, assessment increases are phased-in over four years for all property types. A decrease in assessment is applied immediately. Your property s value on January 1, 2016 Your property s value on January 1, 2012 Over this four-year period, your property value changed by Assuming property characteristics stay the same, the property assessment will increase by $7,500 each year. $375,000 $345,000 $30,000 2017 $352,500 2018 $360,000 2019 $367,500 2020 $375,000
HOW ARE PROPERTY TAXES CALCULATED? EFFECT ON PROPERTY TAX If all the assessed property values increase equally, and the municipality s cost for providing services stays the same, property tax will remain as is. $ $ $ + SERVICE COSTS STAYS THE SAME = NO CHANGE If all the assessed property values increase equally and the cost of services goes up, then property taxes will increase to offset the cost of services. $ $ $ + SERVICE COSTS = INCREASE If all the assessed property values increase at different rates, or new properties are built, then taxes are redistributed so that everyone pays their fair share. $ $ $ = REDISTRIBUTED
2016 ASSESSMENT UPDATE The Residential Experience
2016 ASSESSMENT UPDATE 2012 ASSESSMENT UPDATE 2012 2012 Roll Delivery 2016 ASSESSMENT UPDATE Early and frequent engagement with constituents 2014 2015 2016 2016 Roll Delivery
ASSESSING PROPERTIES Our assessors are trained experts in the field of valuation and apply appraisal industry standards and best practices. MPAC considers the value of a property by one of three different perspectives or approaches to value: DIRECT (sales) COMPARISON APPROACH INCOME APPROACH COST APPROACH
ESTABLISHING RESIDENTIAL VALUES CURRENT VALUE Most probable price a property should sell for in a competitive and open market MPAC derives a median sale price which will incorporate the range of market sales SALE PRICE Price a buyer and seller agree to in a particular transaction. Only an indication of market value. Range of sale prices possible for a particular property
ESTABLISHING RESIDENTIAL VALUES MAJOR FACTORS account for approximately 85 % 5 of residential property values 5. Quality of construction 4. Age of property 1. Location 2. Lot dimensions 3. Living area
DATA COLLECTION & PREPARATION Building permits Sales reviews Site variable update project Farm forestry exemptions reviews NOVEMBER DECEMBER Requests for Reconsideration 2016 2016 Severances and Consolidations Data integrity checks MPAC initiated reviews Zone 6 Data Touch Points 388,748 Tax and Vacancy Applications Appeals Property Owner Enquiries Process controls Municipal Requests
2016 PROPERTY ASSESSMENT NOTICES Residential property owners will receive their Property Assessment Notices starting April 11 Farm Property Assessment Notices will be mailed October 11 Multi-Residential and Business Notices will be mailed October 18 THE NEW ASSESSMENTS WILL SERVE AS THE BASIS FOR CALCULATING PROPERTY TAXES FOR 2017 2020
2016 PROPERTY ASSESSMENT NOTICE
2016 PROPERTY ASSESSMENT NOTICE Municipal-specific Issue Date
2016 PROPERTY ASSESSMENT NOTICE 2016 Assessed Value Assessment Overview Assessed Value as of January 1, 2016 Assessed Value as of January 1, 2012 Change between 2012 and 2016
2016 PROPERTY ASSESSMENT NOTICE Contact information Key information Property Classification Phase in Assessed Values (2017-2020 tax years) RfR Deadline (by tax year)
2016 PROPERTY ASSESSMENT NOTICE Property Details How does MPAC assess my property? Five major factors affecting residential values
2016 PROPERTY ASSESSMENT NOTICE Have questions about your assessment? Login to AboutMyProperty
2016 PROPERTY ASSESSMENT NOTICE Description of Ontario s property assessment system
CHANGES TO FILING A REVIEW (BILL 144) Residential property owners have 120 days from the April 11 Issue Date of their Property Assessment Notice to file a Request for Reconsideration (RfR) The RfR deadline for Prescott Russell is Tuesday, August 9 The Issue Date and RfR deadline are included on the Notice The early delivery of Assessment Notices and a 120-day RfR deadline will allow RfRs to be processed before Assessment Rolls are sent to municipalities greater stability and accuracy
HOW CAN I LEARN MORE ABOUT MY ASSESSMENT?
ABOUTMYPROPERTY.CA Through AboutMyProperty property owners can: Access information on how their property was assessed Compare their assessment to others in their community Learn more about property values through Market Trends (available before login) Login information is included on every Notice mailed.
RESOLVING ASSESSMENT CONCERNS STEP 1: Visit aboutmyproperty.ca to review the information MPAC has on file for your property. STEP 2: Contact MPAC STEP 3: File a Request for Reconsideration STEP 4: File an appeal with the Assessment Review Board
CONTACT MPAC We are here to help. Contact MPAC with any questions you may have regarding your property assessment. CALL our Customer Contact Centre 1 866 296-MPAC (6722) 1 877-889-MPAC (6722) TTY ONLINE at mpac.ca VISIT a local field office WRITE to P.O. Box 9808, Toronto ON M1S 5T9 FAX 1 866 297 6703 If you have accessibility needs, please let us know how we can best accommodate you
ENHANCING MUNICIPAL ENGAGEMENT
NEW MUNICIPAL SERVICE FRAMEWORK Transform relationships into true partnerships.inside and Out
TRANSPARENCY AND SHARED UNDERSTANDING Level 1 - Methodology Guides Comprehensive guides that explain assessment methodology. Level 2 Market Valuation Reports Comprehensive reports that explain how assessment methodology was applied at the sector level to value properties for the 2016 Assessment Update Level 3 Property Specific Valuation Information Detailed information that is available through secure access only
BENEFITS OF ADVANCED DISCLOSURE Benefits for municipalities: Benefits for property taxpayers: Improved roll predictability and stability Increased satisfaction and confidence Improved risk analysis Easy access to property information No surprises No surprises Opportunity to provide feedback Opportunity to provide feedback
MUNICIPAL CONNECT Redesigned Municipal Connect launching April 4 Increased transparency Improved stability and predictability in the municipal tax base Modern and flexible way to access assessment information Access to 2016 base year values (2017-2020 tax years) Early consultation/discussion for greater roll stability Support the management of municipal services Insight into assessment at risk
PRELIMINARY MARKET TRENDS
Zone 6 Market Changes Residential Properties 5% Increase Jan 1 2012 to Jan 1 2016
QUESTIONS?
1260 1150 1110 NE TC O SS IO N 9 UT RO P LA GE NTA E NC 1231 980 P LA 0 50 100 150 200 NTA N GE ET CO E NC 1 E1 941 ON SSI 9 250 Mètres / Meters Légende / Legend Terres humides Wetlands Boisés woodlands CON 8 S PT LOT 12 50 Acres Terrain vacant résidentiel non riverain K Date: 2016-02-18