Your taxes provide the following services:

Property taxes collected by the municipality include rates for the upper tier, the lower tier, and for education.

For more information about your property tax rate:

2017 Tax Rates

2017 Tax Rate By-law & Summary

2016 Tax Rates

2016 Tax Rate By-law & Summary

Interim Tax Bills are the first property tax bills of the year and are based on your prior year’s annualized taxes. Interim billings are calculated as 50% of the prior’s year’s annualized total tax billing spread out over the 2 payments.

Final Tax Bills are the second property tax bills of the year and are calculated as follows:

• Assessment x Property Tax Rate = Total Property Taxes for the Year
• Final Billing ** = Total Taxes – Interim Billing (this is split over the final 2 payment dates)

** Please note that Commercial, Industrial and Multi-Residential Taxes are subject to capping calculations.
** Final Billings will also include any area-rating and local improvement charges for the full year.

All properties in Ontario are assessed by the Municipal Property Assessment Corporation (MPAC), using current market valuation. MPAC is an independent, not-for-profit corporation funded by all Ontario municipalities whose role is to accurately value and classify all properties in Ontario according to the Assessment Act and regulations established by the Ontario Government. Properties are assessed every four years and assessment values are phased in over a four year period. For information about changes to your property assessment, visit AboutMyProperty. To change the direction of school support for the education portion of your property taxes, complete the Application for Direction of School Support. If you have any questions, please contact your local school board,

Instalments

1st - Last business day of February
2nd – Last business day of May
3rd – Last business day of August
4th – Last business day of October

Payments can be made by telephone or internet banking, by mail, in person at our office (8:30 – 4:30 Monday to Friday, by cheque, cash or debit) or in our after-hours drop box. Payments may also be made at the Bank of Montreal, Drumbo Branch. You have the option of signing up for one of twoPre-authorized Payment Plans. Additional information about the Pre-authorized Payment Plan is available here.

You also have the option of signing up for E-post to receive your tax bill electronically.