Reamined Systems Inc.

Specializes in providing property tax mitigation support to municipal property tax administrators.

Its On-Line Property Tax Analysis System (OPTA) has been created on behalf of the Government of Ontario to meet the legislated tax limitation requirements for commercial, industrial and multi-residential properties.

The system offers analytical features that allow municipalities to model various property tax mitigation options for the purpose of selecting the property tax tools that are appropriate for their budgetary needs.

It provides the capability to track the tax impact of changes and to calculate property taxes according to the tax mitigation tools selected.

Reamined assists professionals in the property tax field by providing systems that municipalities can use to enhance their property tax billing calculation and billing process. Reamined also offers a full line of property tax mitigation programs and tools.

Property Tax Services

• Administration support of property tax system, including billing assistance

• Modelling of optional tax mitigation parameters to determine preferred approach to limit property tax increases

• Tracking of impact of changes in property assessment on property tax calculation, by individual property

• Calculation of in-year property tax adjustments, annualized if required

• Specialized software applications to support property assessment process, property tax analysis and property tax mitigation

• Property assessment and property tax analytical reports, by classification and by property

• In-Year Tracking of Assessment at Risk (i.e. total property assessment under appeal) by classification and by property.

Property Tax Mitigation Tools: Phase-in, Capping, Claw-backs, Thresholds or Ceilings

• Phase-in of residential and/or business property tax increases or decreases

• Capping of property tax increases

• Claw-back calculation related to property tax decreases

• Threshold or Ceiling restrictions to limit property tax increases

The professionals at Reamined Systems Inc. are property tax experts - knowledgeable and accomplished in providing property tax mitigation tools and experienced in programming property tax systems that work for municipalities. Reamined maintains a secure on-line database management system which contains ten’s of millions of records and provides real-time dynamic reporting through the internet.

Reamined’s expertise is enhanced by its staff of property assessment and property tax specialists who contribute a wealth of experience and insight resulting from their understanding of assessment and taxation issues, from their perspective as former Assessment Commissioners, Legislation and Policy Directors, Quality Assurance Managers, Research and Development Analysts and Property Tax Assessors.