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Taxes - Final Tax Rates
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The amount of property taxes paid in Stratford is calculated using two variables: the CVA of a property as calculated by the Ontario Property Assessment Corporation and the tax rate as determined by the revenue requirements of the City of Stratford.

The 2012 Tax Rates

Code Tax Class City Education Total
 RT Residential Taxable 0.01212715 0.00221000 0.01433715
 R1 Residential Taxable Farmland 1 0.00303179 0.00055250 0.00358429
 RD Residential School Taxes Only 0.00000000 0.00221000 0.00221000
 MT Multi-Residential 0.02612068 0.00221000 0.02833068
 CT Commercial Occupied 0.02396251 0.01490000 0.03886251
 DT/ST Office Building/Shopping Centre Taxable 0.02396251 0.01490000 0.03886251
 XT/ZT Commercial/Shopping Centre New Construction 0.02396251 0.01260000 0.03656251
 CX/CU Commercial Vacant Unit/Vacant Land 0.01677376 0.01043000 0.02720376
 SU Shopping Centre Tax Vacant 0.01677376 0.01043000 0.02720376
 XU Commercial New Construction Excess Land 0.01677376 0.00882000 0.02559376
 IT/LT Industrial/Large Industrial Taxable 0.03544594 0.01590000 0.05134594
 JT/KT Industrial/Large Industrial New Construction 0.03544594 0.01260000 0.04804594
 IX/IU Industrial Vacant Unit/Vacant Land 0.02303986 0.01033500 0.03337486
 LU Large Industrial Tax Vacant 0.02303986 0.01033500 0.03337486
 KU Large Industrial New Construction Excess Land 0.02303986 0.00819000 0.03122986
 I1 Industrial Taxable Farmland 0.00303179 0.00055250 0.00358429
 PT Pipeline Taxable 0.01829987 0.01260000 0.03089987
 FT Farmland Taxable 0.00303179 0.00055250 0.00358429




Capping & Threshold Parameters Used Multi-residential Commercial Industrial
2012 Decrease % ClawBack 0.00% 3.2637% 3.6107%
2011 Decrease % Retained 100.00% 96.7363% 96.3893%
Annualized Tax Limited 10.00% 10.00% 10.00%
Prior Year CVA Tax Limited 5.00% 5.00% 5.00%
CVA Tax Threshold - Increasers $250 $250 $250
Capping Option Revenue Neutral Revenue Neutral Revenue Neutral
Net Class Impact 0 0 0
Minimum Tax Level for new Construction 100% 100% 100%

Overall Levy Change
 Residential/Farm 3.3495%
 Multi-residential 3.6620%
 Commercial 2.4197%
 Shopping Centre 2.4197%
 Office Building 2.4197%
 Industrial 1.3668%
 Large Industrial 1.3668%
 Pipelines 2.3218%
 Farmlands 3.3495%

Click here for 2011 Tax Rates



City of Stratford
P.O. Box 818, Stratford Ontario N5A 6W1
General Inquiries: 519-271-0250 TTY: 519-271-5241
© THE CORPORATION OF THE CITY OF STRATFORD 2014