- Lincoln is one of the fastest growing municipalities in Niagara
- As such, to support smart growth principles, organization & community sustainability, and prepare for increased service delivery demand/needs, the 2019 Budget aims to invest areas focused on growth & development - infrastructure, service delivery, and programs & services.
- The Town also continues to invest in basic services as tax impacts over the past 10 years have allowed for sustained services, but no enhancements
- Affordability for our residents and businesses remains a focus in all decision-making
- Lincoln remains the 2nd lowest in property taxes as a % of household income
- Lincoln remains the 4th lowest in property taxes + water/wastewater as a % of household income
Overall Tax Levy Scenario
2019 Blended Rate
Lincoln’s tax bill accounts for three agencies. In addition to the Town of Lincoln's portion (36%) of the tax bill, property taxes pay for the delivery of community programs and services by Niagara Region (including waste) (51%) and the school boards (13%).
The impact to property taxes is a combination of these three agencies. Often referred to as a blended rate and this is what a resident will see on their tax bill. This year’s blended rate is 3.70%.
Important to note that while Lincoln’s levy % is higher, when you consider it is only 1/3 of the property tax bill impact, Lincoln’s overall tax bill dollar portion (what you actually pay) is less than Niagara Region’s dollar portion. Niagara Region’s overall dollar impact is ½ of your tax bill.
Table - Impact on Total Tax Bill per $100,000 of Residential Assessment
|Agency||Share of Tax Bill||2018 Taxes||2019 Increase||2019 Taxes|
|Town of Lincoln||36.52%||426.36||7.29%||457.43|
|Region Waste Service||3.61%||44.26||2.10%||45.19|
*Final impact, approved by Province
Overall Blended Rate = 3.70%
Overall increase to your tax bill from 2018 to 2019 = $44.72 (per $100,000 residential assessment)
Budget Impact to Property Taxes
Therefore, this year, the budget impact (4.45% blended rate increase) to a property tax bill are, per property assessment values of:
- $100,000 = $44.72
- $250,000 = $111.80
- $375,000 = $167.70
- $450,000 = $201.24
- $575,000 = $257.14
Value for Money
A portion of every tax dollar is used to provide over 90 programs and services to ensure a high quality of life for residents.
Budget by the Numbers
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