WHAT YOU NEED TO KNOW FOR YOUR PROPERTY Every four years, the Municipal Property Assessment Corporation (MPAC) updates assessments on all properties for tax purposes, including farm property. The Ontario Federation of Agriculture (OFA) has always worked with MPAC to advocate for a fair assessment process for farm property. New assessed farm property values were mailed out on October 11. When you review yours, here are some things to keep in mind 3 Check that your property is still properly classified in the “farm class tax” on your assessment form. 3 Review your assessment at aboutmyproperty.ca to check the details used to value your property. 3 Do you agree with the new assessment — knowing it is based on the value of the property if it was sold on January 1, 2016? 3 If you don’t agree with MPAC’s assessed value, you have the option to file a “Request for Reconsideration” with MPAC by the deadline printed on the Property Assessment Notice. The RfR form is available online at mpac.ca . 2016 MPAC Assessments OFA: Advocating for Ontario agriculture for 80 years. ofa.on.ca | @OntarioFarms @OFABenefits | /OntarioFarms | /OntarioFarms