Taxation & Assessment
The Town will be operating on a $259,436.00 Budget for the 2008 year.
The tax base is as follows:
Property tax will be based on 5.5 mills, with a minimum property tax of $200.00. Residents and workers in the Town that have no property will be charged a Poll Tax of $200.00, if paid by March 31, 2008 a 10% reduction will be applied to the poll tax. Water only is $25.00 per month and Water & Sewer is $30.00 per month. All bills are due when rendered. Taxpayers have until April 30, 2008 to pay their Town taxes, after that, beginning May 1, 2008 and the first of every month thereafter, 2% interest will be added to each bill.
If you did not earn the basic personal amount of $9,600.00 in the tax year, then you are required to bring forth your Notice of Assessment from Revenue Canada before July 1, 2008 and any necessary adjustments will be made.
Please notify the Town Clerk if you are receiving Social Assistance. The Department of Human Resources, Labour & Employment will pay your taxes for you, without any monies being deducted from your cheques.
Business Tax Rates:
| Banks |
225 mills |
| Pharmacy |
200 mills |
| Plumbing/Electrical Services |
60 mills |
| Convenience / Gas |
50 mills |
| Garages |
40 mills |
| Catering |
30 mills |
| Convenience |
20 mills |
| Restaurant / Boat / Art Gallery |
20 mills |
| Convenience / Restaurants |
20 mills |
| Restaurants |
20 mills |
| Vacation Homes |
10 mills |
| Cottages / Cabins |
10 mills |
| Amusement Parks |
10 mills |
| Boat Building |
10 mills |
| Lounges |
12 mills |
| B&B's / Inns |
8 mills |
| Other Commercial Business |
8 mills |
| Aqua Culture |
5 mills |
Minimum Business Tax $225.00
Businesses with no fixed place of business will be based on gross revenue as certified by a financial statement prepared by an accountant.
Municipal Assessment Agency
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