Question 1

What is the property tax rate in Charlton-Dack?

Accepted Answer

The residential property tax rate in Charlton-Dack is 1.5193%. For an average home assessed by MPAC at $171,078, the estimated annual municipal property tax bill is approximately $2,599 per year. This revenue funds local frontline municipal services including emergency protective services, road infrastructure, public transit, and community recreation.

Question 2

How much does Charlton-Dack spend per resident on municipal services?

Accepted Answer

Charlton-Dack spends approximately $3,291 per resident annually across all municipal departments, based on an audited annual municipal operating expenditure of $2.3M serving a population of 686. Key expenditures include protective emergency services (police, fire, paramedics), transportation and roadways, environmental water and waste management, and parks and recreation.

Question 3

What is the financial health and debt score of Charlton-Dack?

Accepted Answer

Charlton-Dack holds an audited Fiscal Health Grade of B (Score: 80/100). The municipality carries approximately $408 in accumulated debt per resident compared to $615 in capital reserves, maintaining an Annual Repayment Limit (ARL) debt-servicing ratio of 1.1%, comfortably within Ontario's 25% provincial statutory ceiling.

Question 4

Where does the municipal data and financial benchmarks for Charlton-Dack come from?

Accepted Answer

All financial intelligence for Charlton-Dack is compiled directly from official, audited Financial Information Returns (FIR Schedules 10, 40, 60, and 74) submitted annually to the Ontario Ministry of Municipal Affairs and Housing (MMAH), verified against Bank of Canada Consumer Price Index (CPI) benchmarks.

Charlton-Dack Property Tax Receipt & Itemized Bill Allocation