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Halton Hills This Week (Georgetown, ON), 28 August 1993, p. 10

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Page 10— Halton Hills This. Week, Saturday, August 28, 1993 By Johanna Powell Special to HHTW Halton region should not implement market value assessment using 1988 prop- erty values, a citizens’ com- mittee on tax reform:says. That will be one of the key recommendations to be made to council in the committee’s report, scheduled for release on Sept. 1 The committee says that 1988 property values should not be used as a base year for assessing taxes because some areas of Halton had inflated property values at that time. Those values have fallen sig- nificantly since then, the committee says, and it would be Check out our FLYER’ in this issue of Halton Hills This’ Week 360 Guelph St. Georgetown 877-0721 assessments on outdated real estate values. The committee will request that an MVA tax study. .be conducted using 1992 market values, which the committee believes is a better base year. The tax committee’s report, which is still being finalized, will also call for: * increased user fees to pay for raced such as parking and librar: ° shifting | the tax burden of education and welfare to the income tax system * changes to the MVA sys- tem to make it more accept- able * a study of unit value as a possible to base tax Sunday, August 29: 2-4 P.M. 27 Pennington Cres., Georgetown OPEN HOUSE $184,900. Bungalow, 3 bedroom +, on safe, quiet crescent. Premium fully landscaped 50'x 143' lot with deluxe above-ground pool. RMB-02 Drop by on Sunday for more information on this exciting ® property or call Ed Allan, Broker** at 56-1000 or residence 877-7321. ti Realtor TRUE VALUE - 135, 500 Located on a quiet and safe court, this freshly decorated 3 bed- room home offers 3 levels of living space. Walk out from the rec room to the patio, playhouse and horse shoe pit set among the trees on this huge property. Contact Allan pages rr . MAC93-65 | © YOUR SUMMER OASIS - $69, 000° This affordable 4 bedroom home with an inviting pool is located on a huge, private, wooded proper- ty. Lots of room for outdoor fun. Contact Allan Chabassol***. RMAC93-74 replacement for MVA. Although alternatives to market value assessment were considered, the commit- tee will report that it didn’t have enough time to study all of the implications of chang- ing the tax system. It will recommend that Halton region take part in a pilot study of unit value assessment, a system which is emerging as a possible alternative in studies being carried out both in Halton and by the province’s Fair ‘ax Commission. Under unit value assessment, a three- bedroom, 2,000-square-foot house on a 50 foot lot, for example, is taxed at the same rate as another similar-sized house and lot, no matter where they are situation in the region. The committee is still wrestling with whether or not to recommend that Halton proceed with MVA if the province is not interested in UVA alternatives. Meetings to resolve this issue are con- Property tax reform proposals released tinuing this week. The report follows more than six months of study on every aspect of property tax by a committee of citizens from Oakville, Burlington, Halton Hills and Milton. The committee was assembled after a huge outcry last fall from people who objected to Halton’s plans to switch to region-wide market value assessment based on 1988 property values. Many seniors said they would be forced out of their homes. Under conditions set up last December when council agreed to put the brakes on region-wide MVA and set up the citizen’s committee to study the issue, two-thirds of council members will have to agree before any changes can made to the region’s plans to implement MVA based on 1988 market values. is illuminated. alarms will cate a low ae bydro-powered smoke alarms have a power on indicator light. Check to see that it battery-f 1. Replace worn nformation on smoke alarms on ea oak lean wa powered smoke sound to indi- pecicallons, tery type is This updated stone kitchen. Enjoy Contact Allan Chabassol*** 853-2 smoke drift into the smoke alarm. If your smoke alarm fails to respond properly to a test, have it repaired or rep! are emnetiate tely. lat about accidental alarms’ _ Smoke alarms will detect roids and cooking fumes. Accidental alarms ma) when installed near bathrooms or near cook- "s ing appliances. Take this into consideration __ when selecting installation locations. Ses may occur be maintained ~ the mannfacturer’s instructions. (Gseanioaally. yy _ vacuum the dust from the detection chamber. On batter-powered units, check to see the bat- GORGEOUS STONE HOME $209,000 je bungalow sits on a beautiful ravine property with a walkout from the *Califomia® njoy the original stone ee woodwork of yesterday combined with today's conveniences. 193-10 5 ACRE HILLSIDE RETREAT $179,000 | This recently upgraded bungalow sits on 5 scenic acres with a spring fed pond and detached garage. The finished basement } offers a 4th bedroom, washroom, rec. room and a "walk-out". Contact Allan Chabassol*** RMRW$93-51

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