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Winnipeg Property Taxes Increase in 2015

For 2015, the City of Winnipeg has increased property taxes by 2.3%, after a significant tax base increase in 2014. This does not account for the large frontage-levy hike for 2015 which effectively tops up the tax-hike to 3.7%.

School divisions operating in Winnipeg have all increased their special levy mill rates by between 2.1% and 5.3%. In addition, the provincial Education Support Levy, which applies only to institutional and commercial properties, has been increased by 2.2%.

Winnipeg’s 2015 property tax bills will be issued in early May and will be based on the 2015 assessment which reflects your property’s market value as of April 1, 2012. While the deadline to appeal 2015 realty assessments has passed (the deadline was June 2014), now is the time to negotiate the assessed value of your property for the 2016 – 2017 tax cycle.

The increase in 2015 property taxes emphasizes the importance of reviewing your realty and business assessments to ensure they are correct and fair. The mill rates, and their impact on your taxes, are released after it is too late to contest your assessment. With 2016 assessments to be posted in early May, the opportunity to review your assessment is quickly approaching. If you would like further information or for Altus Group to file an appeal on your behalf, please contact us at WPGPTS@altusgroup.com or at 204.272.1495 

Download Key Dates for 2015 Canadian Property Tax Appeal Deadline (in PDF format)         

 

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