Tax Increase - What is the Percentage?

Q: Can the town release the % increase in the town's portion of the 2024 taxes please, so we do not have to pull out our property tax bills and do a whole bunch of math?

A: The Town of Kingsville budget only represents 55% of your total property tax bill, which is why presenting a % increase can be misleading. Further, some residents have drainage or local improvement charges included on their tax bill, which are not impacted by annual budget changes. Perhaps the simplest way to understand the impact of the 2024 budget is that it will result in an annual property tax increase of $63.27 per $100,000 of assessment.

- Ryan McLeod, Director of Financial and Corporate Services