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Year 1998 Tax Rates
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1998 Tax Rates
| Class Description | Tax Class | Town | Region | Education | Total |
|---|---|---|---|---|---|
| Residential & Farm | RT | 0.3169 | 0.5654 | 0.4600 | 1.3423 |
| Residential & Farmland - Await.Dev. | R1 | - | - | - | - |
| Multi-Residential | MT | 0.6615 | 1.1802 | 0.4600 | 2.3017 |
| New Multi-Residential | NT | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Commercial - Occupied | CT/DT/ST | 0.3708 | 0.6616 | 2.3361 | 3.3685 |
| Commercial - Vacant Units/Excess Land | CU/DU/SU | 0.2596 | 0.4631 | 1.6353 | 2.3580 |
| Commercial - Vacant Land | CX | 0.2596 | 0.4631 | 1.6353 | 2.3580 |
| Commercial - Farmland Await.Dev. | C1 | 0.0792 | 0.1413 | 0.1150 | 0.3355 |
| Industrial - Occupied | IT/LT | 0.5190 | 0.9260 | 2.8640 | 4.3090 |
| Industrial - Vacant Units/Excess Land | IU | 0.3373 | 0.6019 | 1.8616 | 2.8008 |
| Industrial - Vacant Land | IX | 0.3373 | 0.6019 | 1.8616 | 2.8008 |
| Industrial - Farmland Await.Dev. | I1 | 0.0792 | 0.1413 | 0.1150 | 0.3355 |
| Pipelines | PT | 0.2912 | 0.5196 | 1.9469 | 2.7577 |
| Farmland | FT | 0.0792 | 0.1413 | 0.1150 | 0.3355 |
Markham 1998 Rates
| Tax Year | Clawback Rates — Commercial | Clawback Rates — Industrial | Clawback Rates — Multi-res | Municipal Tax Change — Commercial | Municipal Tax Change — Industrial | Municipal Tax Change — Multi-res |
|---|---|---|---|---|---|---|
| 1998 | 88.878346% | 88.878346% | 7.556039% | 3.649000% | 4.006000% | 2.294000% |