Madam Chair, once we complete the assessment, then that is given to the Department of Finance. The Department of Finance has a mill rate, which includes property tax and the school tax, and different categories have different mill rates. If it is residential, then the residential mill rate is applied. Based on the latest assessment, that is how the department does their billings, year by year. Thank you.
Henry Zoe on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 26th, 2004. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
March 25th, 2004
Page 371
See context to find out what was said next.