Homeowners in Davenport are facing an increase in property taxes next year, according to recent reassessments.
In fact, wards 17 and 18 must deal with some of the highest in the city, which can be attributed for the most part to the significant revitalization that has taken place in the community in recent years, according to Davenport Councillor Ana Bailao.
“There’s quite a bit of shock because our area got hit with a big increase in property value,” said the councillor. “Some (residents) don’t understand that property value doesn’t mean they’ll (automatically) get an increase.”
Property owners may wish to file a ‘Request for Reconsideration’ with regard to the assessed value of their property, however, this process can be challenging to those unfamiliar with the process, she said.
“Some are seniors and there are programs the city offers for tax increase exemption,” said Bailao, who said many of her constituents have contacted her office for help.
That’s why she is hosting two town hall meetings. She, her staff and volunteers, will be available to help residents who would like to make an appeal to the Municipal Property Assessment Corporation (MPAC).
“It’s scary – especially for seniors,” said Bailao. “For them, they’ve lived in their house and their neighbourhood for 40, 50 years. It doesn’t matter if their house is worth a million dollars. They don’t want to move.”
On Saturday, Feb. 23, MPAC staff will be in attendance for an information session to explain the appeal process and answer questions, at New Horizons Tower, 1149 Bloor St. W., from 1 to 3 p.m. On Saturday, March 2 at St. Mary’s School, 66 Dufferin Park Ave., Bailao will host a workshop to provide personal assistance to residents filing to appeal their assessment.
~ Lisa Rainford