Schedule C: 2020 Tax Rate Analysis - Sample Properties

Sample property comparatives

Scenarios Overview:

Scenario A: Increase evenly across tax classes no change to tax ratios (Budget shortfall: $0)
Scenario B1: 0% increase to total tax revenue (Budget shortfall: -$488,300)
Scenario B2: 0% increase to average residential taxes (Budget shortfall: -$256,900)
Scenario B3: 0% increase to prior year tax base (Budget shortfall: -$301,200)
Scenario C: Decrease ratios for Classes 5 and 6 to 3.1 and 3.3 respectively (Budget shortfall: $0)

Property sample	Folio	Property Class	2019 Tax Rate	2019 Assessment	2019 Taxes	2020 Assessment	2020 Assess % change	Scenario A $ Increase (Decrease)	Scenario A % Change	Scenario B1 $ Increase (Decrease)	Scenario B1 % Change	Scenario B2 $ Increase (Decrease)	Scenario B2 % Change	Scenario B3 $ Increase (Decrease)	Scenario B3 % Change	Scenario C $ Increase (Decrease)	Scenario C % Change
Class Representative (Single Family)	n/a	1	2.26725	774,275	1,755.47	769,193	(1%)	27.71	1.58%	-66.81	(3.81%)	-22.03	(1.25%)	-30.60	(1.74%)	64.86	3.69%
Class Representative (Strata)	n/a	1	2.26725	481,308	1,091.25	486,339	1%	36.21	3.32%	-23.55	(2.16%)	4.76	0.44%	-0.66	(0.06%)	59.70	5.47%
1256 Burnside Rd W	401 07644.000	1	2.26725	1,028,000	2,330.73	905,000	(12%)	-232.72	(9.98%)	-343.92	(14.76%)	-291.23	(12.50%)	-301.32	(12.93%)	-189.01	(8.11%)
284 Pallisier Ave	401 04391.000	1	2.26725	636,000	1,441.97	637,000	0%	34.75	2.41%	-43.52	(3.02%)	-6.43	(0.45%)	-13.53	(0.94%)	65.52	4.54%
525 Prince Robert Dr	401 06940.000	1	2.26725	759,000	1,720.84	762,000	0%	45.66	2.65%	-47.97	(2.79%)	-3.60	(0.21%)	-12.10	(0.70%)	82.47	4.79%
296 Eltham Rd	401 04631.000	1	2.26725	633,000	1,435.17	643,000	2%	55.46	3.86%	-23.55	(1.64%)	13.89	0.97%	6.72	0.47%	86.52	6.03%
127 Burnett Rd	401 06983.000	1	2.26725	6,177,800	14,006.62	6,693,200	8%	1,509.88	10.78%	687.43	4.91%	1,077.14	7.69%	1,002.53	7.16%	1,833.18	13.09%
340 Island Hwy	401 06992.001	1	2.26725	7,113,000	16,126.95	7,640,800	7%	1,586.32	9.84%	647.43	4.01%	1,092.31	6.77%	1,007.14	6.25%	1,955.39	12.12%
120 Hallowell Rd	401 03672.012	5	7.56922	3,155,000	23,880.89	3,325,000	5%	1,852.86	7.76%	488.84	2.05%	1,135.15	4.75%	1,011.42	4.24%	512.33	2.15%
Class Representative	n/a	6	8.04875	2,516,102	20,251.47	2,607,904	4%	1,211.01	5.98%	73.39	0.36%	612.43	3.02%	509.23	2.51%	115.26	0.57%
1 Adams Pl	401 07018.000	6	8.04875	13,938,000	112,183.48	14,496,000	4%	7,115.45	6.34%	792.01	0.71%	3,788.25	3.38%	3,214.62	2.87%	1,024.71	0.91%
120 Hallowell Rd	401 03672.012	6	8.04875	12,322,000	99,176.70	11,770,000	(4%)	-2,312.16	(2.33%)	-7,446.46	(7.51%)	-5,013.67	(5.06%)	-5,479.43	(5.52%)	-7,257.52	(7.32%)
1708 Island Hwy	401 07071.010	6	8.04875	27,318,000	219,875.75	27,845,000	2%	9,282.54	4.22%	-2,864.00	(1.30%)	2,891.40	1.32%	1,789.54	0.81%	-2,417.01	(1.10%)
127 Burnett Rd	401 06983.000	6	8.04875	612,000	4,925.84	672,000	10%	604.58	12.27%	311.44	6.32%	450.34	9.14%	423.75	8.60%	322.23	6.54%
127 Burnett Rd	401 06983.000	8	10.71617	5,500,000	58,938.94	5,958,000	8%	6,344.07	10.76%	2,883.75	4.89%	4,523.36	7.67%	4,209.46	7.14%	7,704.27	13.07%