2011 Municipal Study - City of Brantford

Municipal Study 2011SECTION 9: Property Taxes and Water/Wastewater as a % of IncomeA comparison was made of relative property tax burdens and water/sewer costs on comparableproperties against the median household incomes. The report also calculates the total municipal taxburden as a percentage of income available on an average household. As shown below, the ability topay for municipal services (measured in municipal burden as a percentage of household income) inthe GTA is greater than other geographic locations.Property Taxes asa % of HouseholdIncomeTotal MunicipalBurden as a % ofHousehold IncomeEastern 4.3% 5.5%North 3.9% 5.1%Simcoe/Musk./Duff. 4.6% 6.0%Niagara/Hamilton 4.3% 5.5%Southwest 3.9% 5.0%GTA 3.7% 4.3%Survey Average 4.0% 5.0%Median 4.0% 5.0%Minimum 2.7% 3.4%Maximum 5.4% 7.4%SECTION 10: Economic Development ProgramsA summary was completed of programs that municipalities have implemented to promote economicdevelopment. This included a review of the following:• Business Retention & Expansion Programs• Downtown/Area Specific Programs• Brownfield Redevelopment• Industrial ParksExecutive Summary12