Erin’s Financial Burden on Residents and Businesses – Property Tax and Water Rates Analysis

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Erin Township is fiscally in very poor shape both from a Town balance sheet perspective which translates into extremely high costs to it’s residents.  Here is a competitive analysis of residential, industrial and commercial property taxes as well as our water rates:
Residential Property Tax Rates 2012
 
 
 
 
 
 
 
 
 
Location:
Rate
Erin’s Rate Is:
 
 
 
 
 
 
 
 
 
Erin
1.1437413
 
 
 
 
Toronto
0.7711981
48%
 
 
 
Caledon
0.941087
22%
 
 
 
Brampton
1.161747
-2%
 
 
 
Mississauga
0.943698
21%
 
 
 
Guelph
1.263213
-9%
 
 
 
Halton Hills
0.954123
20%
 
 
 
Orangeville
1.422188
-20%
 
 
 
King
1.008292
13%
 
 
 
Burlington
0.964356
19%
 Con’t
 
 
 
 
 
 
 
 
Commercial/Industrial   Property Tax Rates 2012
 
 
 
 
 
 
 
 
Location:
Industrial Rate
Erin’s Rate Is:
Commerical Rate
Erin’s Rate Is:
 
 
 
 
 
 
 
Erin
3.8451800
 
2.3338850
 
 
Toronto
3.1876846
21%
3.1816225
-27%
 
Caledon
2.4803450
55%
2.1114110
11%
 
Brampton
2.8047150
37%
2.3976290
-3%
 
Mississauga
2.5570030
50%
2.1962570
6%
 
Guelph
4.3310200
-11%
3.3696600
-31%
 
Halton Hills
3.3070500
16%
2.0752540
12%
 
Orangeville
4.2306400
-9%
2.5299140
-8%
 
King
2.3342770
65%
2.0091800
16%
 
Burlington
2.0901600
84%
3.3312000
-30%
 
 
 
 
 
 
 
Notes:  
 
 
 
 
 
*   Q3 2012 in GTA West & North only there was over 24   million SF industrial space available 5.5%
*   GTA West (incl. Milton, Caledon & Halton Hills) has 5.2%   availability rate
 
 
*   GTA North & West has 736 properties available (most   less than 50,000 sq ft)
 
 
 
 
 
 
 
Water   Rates 2013 per m3
 
 
 
 
 
 
 
 
 
 
Location:
Water
Waste
Total
Diff Water
 
 
 
 
 
 
 
Erin
3.4
NA
3.4
 
 
Peel
0.967
0.79
1.757
252%
 
Guelph
1.62
1.83
3.45
110%
 
Halton Hills
1.05
1.03
2.08
224%
 

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