Tuesday, February 25, 2014

MPAC Changes Forthcoming

The Province is taking action against the Municipal Property Assessment Corporation.

The government is directing the Ministry of Finance to develop an action plan to implement 26-changes to improve the property assessment system.

Dryden Mayor Craig Nuttall, who led the campaign for change, says it's a long time coming.

Several northern Ontario mayors called for changes are the assessed value of area mills were dramatically reduced, leading to huge tax rebates for the companies and fewer tax dollars for municipalities

The Ministers of Finance and Municipal Affairs are also calling for a comprehensive, independent performance evaluation of MPAC.