The District of Muskoka is asking residents and taxpayers to weigh in on potential changes to the vacant and excess land tax rate reduction program for commercial and industrial properties before staff takes a recommendation to Council in July.
A survey asks the public’s opinion on the future of the commercial and industrial vacant and excess land subclass tax rate reduction program. The District currently gives a 30 per cent tax rate reduction to 397 properties totaling $186,000, which is funded by all other taxpayers.
Considering the options
The District of Muskoka is reviewing three options for the future of the program:
- keep the current tax rate reduction program
- eliminate the tax reductions in 2020
- phase out the tax rate reductions over two years, starting in 2020
Review the Elimination of Vacant and Excess Land Reductions Report that was presented to Committee to understand how the options outlined in the survey will affect all property owners in the District of Muskoka.
How the District of Muskoka will use the survey results
The District of Muskoka will summarize the results of the survey in a report to be presented to Council in July. The report will also contain staff recommendations for the future of the program for Council to consider.
The survey is open until July 5. Background information is available at muskoka.on.ca.
Click here to take the survey.
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