Talk:Municipal Tax Increase by Extraordinary Amount (LTB)

From Riverview Legal Group

Case Study Example

  • L5 Filing Date: December 1, 2021
  • First intended rent increase date: March 1, 2022
  • Base Year Claimed by LL: 2020
  • Reference Year Claimed by LL: 2019
  • Prior AGI Order creates accounting period of January 1, 2021 to December 31, 2021

Section A

  • Costs (2019): 162,321.67
  • Costs (2020): 182,680.35
  • Costs effected all 88 Rental Units

Section D

  • Operating Cost Categories
    • Municipal Taxes and Charges
      • Column 1: See Attached RUI
      • Column 2: $86,433.63
      • Column 3: $89,379.63