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2025-01-14 04:14:04 UTC - HELPFUL

Rated by Participant: 36DED4B563946682F452DDC364BB149CE7ABCC9223ABE84A5B24335F4477F12C
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Original Note:

Since property tax increases are compounded, the total increase since 2023 would be 25.82% Property taxes have risen by 7%, 9.5%, and now a proposed 6.9% (2023-2025) Here's the formula: (1.07 * 1.095 * 1.069 - 1) * 100 Source: https://toronto.citynews.ca/2025/01/13/property-tax-toronto-proposed-increase-2025-budget/

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