Errors on 9,000 County property assessment notices
Administrator | Nov 01, 2016 | Comments 3
About 9,000 property owners in Prince Edward County are to received amended assessment notices.
The Municipal Property Assessment Corporation (MPAC) notified the County that it made errors in calculating residential property values listed on Notices of Assessment sent out in May 2016.
MPAC told the municipality “the impact of revisions is minimal, averaging less than 1 per cent.”
Affected residents are to be receiving an amended notice from MPAC in November.
Questions or concerns regarding the amendments can be directed to the MPAC Customer Contact Centre at 1-866-296-6722.
Filed Under: Local News
What needs to be remembered about MPAC is that the municipality pays a lot of money for them to do this assessment. While it has been a few years since I heard the amount (which in itself should be of interest), it was “around” $400,000 a year. My questions are – why did this error happen?, why did it take MPAC 6 months to notify us? and do we get any compensation from them for this error? We need to remember too that our taxes are arrived at by multiplying the assessment X the municipal mil rate. Considering that this council has raised taxes on the average of 4.5% over the last two years – let’s hope that the mil rate is adjusted to reflect a 0% increase. Yeah right!
What errors and why would have been a more reasonable response. Are 9000 taxpayers just supposed to accept the revisions with no explanation provided?
residents did not make the mistakes but will have to pay for it