Tax rates are the rate used to determine how much property tax you pay, based on the assessed value of your property. The tax rate applies to each $1,000 of net taxable value.
The property tax rate is different depending on the class of property you own.
Advance taxes: Thursday, February 2
Main taxes: Wednesday, July 5
Home owner grant: Wednesday, July 5
Tax rates are set by:
The general levy is:
Every year the bylaw is passed by Council when they adopt our annual budget for the year.
This levy must raise enough revenue to pay all of our debts and obligations that are due that year.
Five other institutions get a portion of their annual revenue from property taxes:
Council has no control over the levies from other taxing authorities. We also don't control the way they are distributed to properties in the city.
However, to reduce the administrative cost of billing and collecting these other property taxes, we include these levies on the main tax notice sent to property owners each year.
View historical tax rates for residential, utilities, supportive housing, major industry, light industry, business, recreational and non-profit, and farm properties (, 2 pages each):