MPAC - Covid-19 Update
2020 Property Assessment Update Postponed
As part of the Ontario Government’s Economic and Fiscal Update on March 25, 2020, the Hon.
Rod Phillips, Minister of Finance, announced the Province’s decision to postpone the 2020
Assessment Update, which would have seen the Municipal Property Assessment Corporation
(MPAC) update the assessed value of every property in Ontario this year.
In lieu of providing municipalities with updated assessed values for 2021, MPAC will deliver
property assessments based on the fully phased-in January 1, 2016 current values, which is the
same valuation date MPAC used for this year. For example, if your property value in 2020 was
$300,000, municipalities will use this same value to calculate your property taxes in 2021.
MPAC will continue to conduct regular business, including updating property information,
completing tax applications and managing Requests for Reconsideration and appeals.
If you have questions about your assessed value or the postponement of the 2020 Assessment
Update, visit mpac.ca or call 1-866-296-MPAC (6722) or TTY: 1-877-889-MPAC (6722).
Tax Bills are issued twice
each year generally in early March and early September. Each bill has two
instalments to be paid on or before the due date shown.
Your property taxes are
determined by multiplying the Current Value Assessment of your property by the
annual Tax Rate for the Property Class. The 2020 Total Tax Rates for each
property class in Essa are shown below. These tax rates include Township, County
and Education Taxes. Business Improvement Area Tax Rate is added to these rates
and applied to specific properties (see 2020 Special Area
Current Value Assessment X
Total Tax Rate/property class = Total Property Taxes
|2021 Tax Rates - Municipal/County/Education |
|Property Class||Total Tax Rate|
|Residential / Farm||0.687479%|
2021 Special Area Rates - Business Improvement Area