The letter above by Jamie MacDonald contains a number of misleading comments by referencing only parts of a comprehensive statistical system.MacDonald compares the taxes paid by a house assessed for $500,000 in Halifax with a “similar house” in CBRM and proclaims that a “similar” house in CBRM is paying twice the taxes as in Halifax.
But that is misleading for the following reason. A recent report by Statistics Canada states that the median assessed value of a residential property occupied by a single detached house in HRM is $296,000 while the median assessed value of a residential property occupied by a single detached house in CBRM is $113,000 .
A residential property in CBRM “similar” to a residential property in Halifax assessed for $500,000 would be assessed for $190,800. So, a “similar” house in CBRM would actually be paying $4,235 in property taxes and not $11,000. That’s the big reason central urban tax rates in CBRM are twice those of Halifax. CBRM is obliged to provide the same services as Halifax from its primary revenue source which is a small percentage of “similar” residential properties in Halifax. Halifax is teeming with houses assessed for $500,000 but in CBRM they are an insignificantly small percentage of the total.SaltWire Network welcomes letters on matters of public interest for publication.
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