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  All Council and Committee documents are available from the City of Toronto Clerk's office. Please e-mail clerk@city.toronto.on.ca.
   

 

Property Assessment

 

The Toronto Community Council recommends adoption of the following motions by Councillor Miller:

 

AIt is recommended that:

 

(1) the Property Assessment Division of the Ministry of Finance be requested to make public the valuation models used, neighbourhood by neighbourhood, to value residential properties in the City of Toronto, including any statistical regression equations that were used; further, that the Property Assessment Division make public the quality control studies used to evaluate the accuracy of these valuation models, including assessment-to-sale ratios, co-efficients of variation and dispersion, and full listing of property characteristics for properties in the ratio studies (including addresses and roll numbers); and

 

(2) the Property Assessment Division of the Ministry of Finance be requested to provide, in as much detail as possible, information on the valuation models used to assess properties in the other property classes (multi-residential, commercial and industrial), along with the results of assessment accuracy tests used for these property classes.@

 

 

   
Please note that council and committee documents are provided electronically for information only and do not retain the exact structure of the original versions. For example, charts, images and tables may be difficult to read. As such, readers should verify information before acting on it. All council documents are available from the City Clerk's office. Please e-mail clerk@city.toronto.on.ca.

 

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