Thursday, May 8, 2008

NBers getting badly gouged by property taxes

GMA & surrounding carrying the heaviest property tax load

Atlantic Institute for Market Studies just recently released their interim municipal report card for all 102 New Brunswick municipalities, and let me tell you, the news definitely isn't good at all for NB property taxpayers, especially those in the southeastern part of the province where I live.

According to Times & Transcript reporter Aloma Jardine:

It's no wonder residents of southeastern New Brunswick have been complaining about their tax bills.

Out of the 102 municipalities ranked in the Atlantic Institute for Market Studies' interim municipal report card for the province, five of the 11 communities with the largest average residential tax burden are located here.

Sackville, Dieppe, Riverview, Moncton, and Shediac are all well above the $1,078 provincial average, from Shediac in 11th spot at $1,561 to Sackville at $2,194 -- the highest in the province.

Dieppe residents are in second place and on the hook for an average of $2,000, followed by Riverview in eighth with a tax burden of $1,721 and Moncton in ninth with $1,676.

I guess Justice Minister TJ Burke was right after all when he said, "Property taxes suck!"

Take a look for yourself (I've listed the top 11 property tax burdens) [i]:


Municipalities Average Residential Tax Burden, 2005-07 [ii]
Sackville $2,194
Dieppe $2,000
New Maryland
$1,934
Quispamsis $1,895
Rothesay $1,854
St. Andrews
$1,770
Fredericton $1,743
Riverview $1,721


Moncton $1,676
Oromocto $1,604
Shediac $1,561
[i] Holly Chisholm and Ian Munroe, Having Your Say: Helping AIMS help you improve local government in New Brunswick (Atlantic Institute for Market Studies, May 2008)

[ii] Chisholm and Munroe, pg. 11

Related:
Tax burden heavy in capital, Growth Small business would rather not depend on subsidies, Belledune tops in N.B. development spending, Candidates disagree over taxes.

14 Comments:

At May 8, 2008, 5:59:00 PM , Anonymous Anonymous said...

How do you get by?

The property tax rate is 1.50 per 100 across NB.
Your post is informationless.As is TJ.What a shame ,the lack of knowledge.

 
At May 8, 2008, 6:59:00 PM , Blogger Spinks said...

There's a lack of knowledge in here but not on NBT's part.

The rates vary with municipalities wildly in N.B. Not only the tax rate (which isn't $1.50 in every community in New Brunswick, it's just over $1.40 in Fredericton and about $1.80 in Saint John for example), the assessements are equally all over the map. Thus the reason NBers are badly gouged. The above either doesn't pay property tax or doesn't care how much they pay. T.J. Burke was right. Property taxes "suck".

 
At May 8, 2008, 8:15:00 PM , Blogger Kit said...

There is an unequal tax rate and it does "suck" as Mr. Burke said (but has since retracted)
But I think a better understanding would be to compare how must it has risen - 1.8 percent every year for the past 5 years (according to the Prof at UNB)
And a comparison against other Canadian cities with with similar demographics and housing cost would also be useful. It would also let you know if it was competitive or just stupid. Comparison against other NB municipalities is nice but not enough.

 
At May 8, 2008, 10:20:00 PM , Anonymous Anonymous said...

Someone's a bit negative. I agree with spinks && kit, property taxes are a big problem in Atlantic Canada.

In my municipality (Wolfville), I'm paying well over a grand. And if you don't know my community, it's a medium sized town, much like Sackville, NB which has a university, so it is quite odd that our property taxes are through the roof.

 
At May 9, 2008, 5:00:00 AM , Anonymous Anonymous said...

What are the rates on the Assessment and Tax Notice? Who sets these rates?

Provincial Tax Rate - legislated under the Real Property Tax Act at $1.50 per $100 of assessed value on real property calssified as residential, and one and one-half times the residential rate or $2.25 per $100 of assessed value for real property classified as non-residential property.

Hang in there together boys.Nothing like getting your ignorance all in one bag.
Oh and 2 cents a year increase is not bad.I agree untill Kelly and some of the more intelligent leaders came along,a lot of the money collected was wasted on duplication on services for no use but greasing the whining bottom feeder bearings.

 
At May 9, 2008, 7:59:00 AM , Blogger Spinks said...

Our not so friendly troll remains a wee bit confused. Nearly no one in a municipality pays that rate.

Maybe this example from the City of Saint John on how the province credits back the $1.50 and the municipality sets its rate will help him/her understand and offer a mea culpa...and pigs may fly.

 
At May 9, 2008, 8:22:00 PM , Blogger Kit said...

"...untill Kelly and some of the more intelligent leaders came along,..."

Best line I've read all day.
Thanks 'botheyes'.

 
At May 10, 2008, 2:47:00 PM , Anonymous Anonymous said...

I know my friends in Quispamsis are paying above 2,300. Brutal.

 
At May 10, 2008, 3:21:00 PM , Anonymous Anonymous said...

You are saying,making good money is brutal.
Actually.
Thats all.

 
At May 10, 2008, 5:10:00 PM , Blogger nbt said...

Making big money and giving well over 50 per cent of it to the state is, as he said, brutal.

 
At May 10, 2008, 7:00:00 PM , Anonymous Anonymous said...

Retro speak,hohoho.

You an absolute idiot.

There is plenty of things to complain about without lying.

Either read travel or get off the media.
Oh yes,or get your highschool first.

 
At May 10, 2008, 9:13:00 PM , Blogger Dan F said...

Maybe if we hadn't let the financial interests run up the house pricing to astronomical numbers, without the necessary concordant wage increases, this wouldn't be a problem.

There's no money left for tax 'cause people are required to pay off massively inflated fuel, house and food bills (throw in the 'necessary' Cell phone and Cable TV bills).

It's a reason to change our economic integrity, reject 'terrorism', and finish the reign of entirely bought-for politicians.

Not slash good programs to 'fix' the tax rates... Do what they're doing for the banks now across the board - give citizens the same rights as companies, and don't ever give the bosses a raise until the lowest man get a piece too.

P.S. You can't 'privatize' everything and still tap the masses for ever increasing governmental funds.

(For fraudulent wars on X, for authoritarian clamps on freedom, for PPPiracy across local to international territories).

The infrastructure men paid not only fiat but blood and sweat for, fought and died for, is not for sale, gentlemen. No matter how many debt-slaves and jokesters you throw at it.

People have tasted something of freedom, we won't let you take it away permanently... So bid up that crackling wheat, and sell that last piece of highway, keep playing the sort of protracted money games your forerunners had mastered (1, 2, 3).

But you know you won't win in the end - you know you can feel it in your hearts when you try to honestly pick a charity for this years tax write-off session.

 
At May 12, 2008, 3:17:00 PM , Anonymous Anonymous said...

Not slash good programs to 'fix' the tax rates...

Dan f:

Some of those good programs you speak aren't so great...not to mention, up to date.

"The public sector has proven over the years that it is good at launching new programs and services. [...] It is not good at stopping them. Things just keep going even if they are not as useful as they originally were. It would be a stretch to say that this is good [government] management."

 
At May 12, 2008, 6:09:00 PM , Anonymous Anonymous said...

Still not as high as in my neck of the woods in the southern part of the province...Ontario that is! In a study done last February, Toronto ranked first with the highest taxes paid at $3,912, followed by Brampton at $3,826. Ottawa was third at $3,532; Hamilton and London were fifth and sixth at $3,305 and $3,078 respectively.

 

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