Village of Cumberland
Sample Residential Tax Impact 2010 Values   2011 Change Based on Assessed Values only   2011 Change Based on Requisition Amount only   2011 Net Change    
                     
Cumberland - Converted Values                   44,274,391                             46,817,487                    44,274,391               46,817,487  
                     
Cumberland - Tax Requisition  $                    338,534    $                            338,534    $                   353,555                     353,555    
                     
                     
Member Municipality Taxes:              
  Cumberland  'Residential Rate'                            0.7574                                     0.7231                            0.7986 #                     0.7486  
  (per $1000 of Assessed Value)              
                     
Impact on Taxes Payable per  $100,000 of Assessed Value ($100,000/1000*Rate)    $                                       (3)    $                                4    $                         (1)    
Estimates calculated on 2011 Revised Assessment roll at Adopted Budget March 2011
Residential rate is calculated on Regional District Property Class
Multiples and General Purpose Converted Assessments.
Actual residential rates are set by the Municipality.
Calculation is for comparative purposes only.