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Assessed Value of Commercial
& Industrial Properties
Assessed value of commercial and industrial properties as a % of total assessed value of all properties is one of 3 key performance indicators relating to the Growing Our Economy priority, one of five priorities outlined in City Council's
2018–2022 Strategic Plan.
Why this Measure Matters
This measure of commercial and industrial property value as a percentage of total assessed value in Barrie demonstrates a healthy mix of business and residential property. This measure is a
World Council on City Data performance indicator.
2020 Performance: 17.23%
Assessed value of commercial and industrial properties as a % of total assessed value of all properties (Roll at Dec 31 of the indicated year):
| 2019 | 2020 |
---|
Commercial | 16.51% | 11.91% |
Industrial | 2.19% | 5.32% |
Total | 18.70% |
17.23% |
Property values are assessed by the Municipal Property Assessment Corporation (MPAC) every four years and with every substantive change, such as additions or demolitions. This will be reported by the City annually. |
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