Question 1

What is the property tax rate in Percy?

Accepted Answer

The residential property tax rate in Percy is 1.7328%. For an average home assessed by MPAC at $190,131, the estimated annual municipal property tax bill is approximately $3,295 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 Percy spend per resident on municipal services?

Accepted Answer

Percy spends approximately $239 per resident annually across all municipal departments, based on an audited annual municipal operating expenditure of $2.0M serving a population of 8,200. 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 Percy?

Accepted Answer

The financial health and debt metrics for Percy are audited annually in Financial Information Returns (FIR Schedules 60 and 74) filed with the Ontario Ministry of Municipal Affairs and Housing (MMAH). All municipal borrowing is governed by the 25% provincial statutory debt ceiling under the Ontario Municipal Act.

Question 4

Where does the municipal data and financial benchmarks for Percy come from?

Accepted Answer

All financial intelligence for Percy 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.

Percy Municipal Financial Hub & Civic Vitals