Based on the 2025 returned assessment, the City of Belleville has 21,508 properties with a total assessment value of $6.9 billion. Included in this total is $458.5 million in “exempt” assessment which represents 6.60% of total assessment for the City. Examples of some of the significant exempt properties include but are not limited to Municipal property, Schools, Hospitals, and Churches.
Aggregate Extraction Assessment
For 2025 a new Aggregate Extraction property class has been put in place. Assessments for these types of properties were updated in 2024 as a result of an Assessment Review Board (ARB) decision. The updated assessments moved several of these properties from the Residential Tax Class to the Industrial Tax Class and updated values to reflect the methodology and approach outlined in the ARB’s decision. As a result, the Ministry of Finance amended the regulation to establish a new property class with restrictions on the tax ratios that could be utilized. The City of Belleville Aggregate Extraction tax ratio has been set at 1.952895 (Industrial ratio is currently 2.4).
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