Government of Nova
gov.ns.caGovernment of Nova Scotia Nova Scotia, Canada
Municipal Affairs
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Indicator Definitions

Each indicator has a technical definition that describes how it was calculated. The definition explains the meaning of key terminology and what the indicator is measuring. It provides information to consider when interpreting the indicator results and other indicators that measure similar aspects of a municipality's performance.

Select an indicator to display the technical definition:


Commercial Property Assessment (%)


10% or more for rural municipalities, 15% or more for regional municipalities, and 20% or more for towns.


Total taxable commercial assessment ÷ Total taxable assessment

Technical Definition

Total taxable commercial assessment: Total value of all taxable commercial property assessment

Total taxable assessment: Total value of all taxable property assessment

• For March 31, 2012, 2013, and 2014 years: January Filed Roll from PVSC

• For March 31, 2015 year: 3rd Quarter Roll from PVSC


This indicator provides a measurement of economic activity in the municipality. Commercial tax rates are generally higher than residential tax rates; therefore, commercial assessment provides more revenue per assessment dollar than other types of assessment.


A lower percentage indicates that the municipality has a smaller amount of commercial assessment in its total tax base.

A higher percentage indicates that the municipality has a greater amount of commercial assessment in its total tax base.

Caution should be used in interpreting this indicator: Some large commercial and institutional properties are taxed through special agreements and legislation and as a result may not be included in the calculation of taxable commercial assessment. Additional information is required to evaluate relative economic activity in a municipality.

Data Source(s)

  • Property Valuation Services Corporation (PVSC) data

Related Indicator(s)

  • 3-Year Change in Tax Base
  • Reliance on Single Business/Institution
  • Median Household Income (MHI)