TAXATION

Taxation
The taxation year (Town's Fiscal Year) is the same as the calendar year, January 1 - December 31, with the property taxes due December 31st.

You receive a 5% discount if you pay your taxes before September 30th, 4% discount before October 31st, and a 2% discount before November 30th.

Taxes can be paid in person at the Town Office, cheque or cash accepted, instalment payment plan service available. Debit Card and Credit Card Service is not available.

Office hours are Monday - Friday 7:30 am - 4:00 pm.

The property tax calculation is shown in the following formula:
Your Tax Bill = Base Tax + (Taxable Assessment x Mill Rate x Mill Rate Factor) / 1,000

Taxable Assessment - This is the assessment value used as the base to calculate your property Tax.

Mill Rate - After annual budgets are approved by the School Board and the Town, a mill rate us calculated and applied to all properties.

Mill Rate Factor - A mill rate factor us a tax policy tool used to redistribute the amount of total taxes paid by each property class.

Base Tax - A base tax is a flat fee added to the municipal portion of each tax bill, regardless of the property's assessment. The base tax fee relates to essential services that a property receives.

The deadline to pay property taxes is December 31st. If your current year's taxes remain unpaid after December 31st, you will be charged a penalty of 5% on January 1st and July 1st on any outstanding balances.