Annual tax rates are calculated during the spring budget process. Once the tax levy by-law has passed, the rates will be posted in PDF format on this page (accessible versions available upon request).
Interim payments are based on 50% of the last year's taxes divided into two payment dates.
The final billing will be the total taxes for the year less the interim billing - divided into two equal installments.
| 2023 property tax rates |
| Tax code | Property tax class | Municipal | Education | Total |
|---|
| C/T |
Commercial |
0.02018390 |
0.00880000 |
0.02898390 |
| X/T |
Commercial new construction |
0.02018390 |
0.00880000 |
0.02898390 |
| C/U |
Commercial excess land |
0.02018390 |
0.00880000 |
0.02898390 |
| X/U |
Commercial new construction excess land |
0.02018390 |
0.00880000 |
0.02898390 |
| C/X |
Commercial vacant land |
0.02018390 |
0.00880000 |
0.02898390 |
| F/T |
Farmland taxable |
0.00327295 |
0.00038250 |
0.00365545 |
| H/F |
Landfill |
0.02070493 |
0.00980000 |
0.03050493 |
| I/H |
Industrial PIL shared |
0.03272557 |
0.01250000 |
0.04522557 |
| I/T |
Industrial |
0.03272557 |
0.00880000 |
0.04152557 |
| I/U |
Industrial excess land |
0.03272557 |
0.00880000 |
0.04152557 |
| I/X |
Industrial vacant land |
0.03272557 |
0.00880000 |
0.04152557 |
| J/T |
Industrial new construction |
0.03272557 |
0.00880000 |
0.04152557 |
| L/T |
Large industrial |
0.03272557 |
0.00880000 |
0.04152557 |
| L/U |
Large industrial excess land |
0.03272557 |
0.00880000 |
0.04152557 |
| S/T |
Shopping centre |
0.02018390 |
0.00880000 |
0.02898390 |
| M/T |
Multi-residential taxable |
0.01457648 |
0.00153000 |
0.01610648 |
| N/T |
New - multi-residential taxable |
0.01440098 |
0.00153000 |
0.01546523 |
| P/T |
Pipeline |
0.02374605 |
0.00880000 |
0.03254605 |
| R/T |
Residential |
0.01309180 |
0.00153000 |
0.01462180 |
| R/1 |
Residential farmland awaiting development |
0.00458213 |
0.00038250 |
0.00496463 |
| C/F |
Commercial PIL |
0.02018390 |
0.00980000 |
0.02998390 |
| C/G |
Commercial PIL (no school rate) |
0.02018390 |
0.00000000 |
0.02018390 |
| C/Y |
Commercial vacant land PIL |
0.02018390 |
0.00980000 |
0.02018390 |
The property tax bill may also contain adjustments for the following:
- Local Improvement charges (i.e. sanitary sewer)
- Miscellaneous Charges (i.e. BIA, weed cutting, tipping fees)
- Water arrears transferred from Festival Hydro
|
| 2022 property tax rates |
| Tax code | Property tax class | Municipal | Education | Total |
|---|
| C/T |
Commercial |
0.01946594 |
0.00880000 |
0.02826594 |
| X/T |
Commercial new construction |
0.01946594 |
0.00880000 |
0.02826594 |
| C/U |
Commercial excess land |
0.01946594 |
0.00880000 |
0.02826594 |
| X/U |
Commercial new construction excess land |
0.01946594 |
0.00880000 |
0.02826594 |
| C/X |
Commercial vacant land |
0.01946594 |
0.00880000 |
0.02826594 |
| F/T |
Farmland taxable |
0.00315653 |
0.00038250 |
0.00353903 |
| H/F |
Landfill |
0.01996843 |
0.00980000 |
0.02976843 |
| I/H |
Industrial PIL shared |
0.03156149 |
0.00980000 |
0.04136149 |
| I/T |
Industrial |
0.03156149 |
0.00880000 |
0.04036149 |
| I/U |
Industrial excess land |
0.03156149 |
0.00880000 |
0.04036149 |
| I/X |
Industrial vacant land |
0.03156149 |
0.00880000 |
0.04036149 |
| J/T |
Industrial new construction |
0.03156149 |
0.00880000 |
0.04036149 |
| L/T |
Large industrial |
0.03156149 |
0.00880000 |
0.04036149 |
| L/U |
Large industrial excess land |
0.03156149 |
0.00880000 |
0.04036149 |
| S/T |
Shopping centre |
0.01946594 |
0.00880000 |
0.02826594 |
| M/T |
Multi-residential taxable |
0.01405797 |
0.00153000 |
0.01558797 |
| N/T |
New - multi-residential taxable |
0.01388872 |
0.00153000 |
0.01546523 |
| P/T |
Pipeline |
0.02290138 |
0.00880000 |
0.03170138 |
| R/T |
Residential |
0.01262611 |
0.00153000 |
0.01415611 |
| R/1 |
Residential farmland awaiting development |
0.00441914 |
0.00038250 |
0.00480164 |
| C/F |
Commercial PIL |
0.01946594 |
0.00980000 |
0.02926594 |
| C/G |
Commercial PIL (no school rate) |
0.01946594 |
0.00000000 |
0.01946594 |
| C/Y |
Commercial vacant land PIL |
0.01946594 |
0.00980000 |
0.02926594 |
The property tax bill may also contain adjustments for the following:
- Local Improvement charges (i.e. sanitary sewer)
- Miscellaneous Charges (i.e. BIA, weed cutting, tipping fees)
- Water arrears transferred from Festival Hydro
|
| 2021 property tax rates |
|
Tax Code
|
Property Tax Class
|
Municipal
|
Education
|
Total
|
|
CIT
|
Commercial
|
0.01929598
|
0.00880000
|
0.02809598
|
|
X/T
|
Commercial new construction
|
0.01929598
|
0.00880000
|
0.02809598
|
|
C/U
|
Commercial excess land
|
0.01929598
|
0.00880000
|
0.02809598
|
|
X/U
|
Commercial new construction excess land
|
0.01929598
|
0.00880000
|
0.02809598
|
|
C/X
|
Commercial vacant land
|
0.01929598
|
0.00880000
|
0.02809598
|
|
FIT
|
Farmland taxable
|
0.00312897
|
0.00038250
|
0.00351147
|
|
H/F
|
Landfill
|
0.01979409
|
0.00980000
|
0.02959409
|
|
I/H
|
Industrial PIL shared
|
0.03128592
|
0.00980000
|
0.04108592
|
|
I/T
|
Industrial
|
0.03128592
|
0.00880000
|
0.04008592
|
|
I/U
|
Industrial excess land
|
0.03128592
|
0.00880000
|
0.04008592
|
|
I/X
|
Industrial vacant land
|
0.03128592
|
0.00880000
|
0.04008592
|
|
JIT
|
Industrial new construction
|
0.03128592
|
0.00880000
|
0.04008592
|
|
LIT
|
Large industrial
|
0.03128592
|
0.00880000
|
0.04008592
|
|
LIU
|
Large industrial excess land
|
0.03128592
|
0.00880000
|
0.04008592
|
|
SIT
|
Shopping centre
|
0.01929598
|
0.00880000
|
0.02809598
|
|
MIT
|
Multi residential taxable
|
0.01393523
|
0.00153000
|
0.01546523
|
|
PIT
|
Pipeline
|
0.02270142
|
0.00880000
|
0.03150142
|
|
RIT
|
Residential
|
0.01251587
|
0.00153000
|
0.01404587
|
|
R/1
|
Residential farmland awaiting development
|
0.00312897
|
0.00038250
|
0.00351147
|
|
C/F
|
Commercial PIL
|
0.01929598
|
0.00980000
|
0.02909598
|
|
C/G
|
Commercial PIL (no school rate)
|
0.01929598
|
0.00000000
|
0.01929598
|
|
C/Y
|
Commercial vacant land PIL
|
0.01929598
|
0.00980000
|
0.02909598
|
The property tax bill may also contain adjustments for the following:
- Local Improvement charges (i.e. sanitary sewer)
- Miscellaneous Charges (i.e. BIA, weed cutting, tipping fees)
- Water arrears transferred from Festival Hydro
|
| 2020 property tax rates |
| Tax Code |
Property Tax Class |
Municipal |
Education |
Total |
| C/T |
Commercial |
0.01913242 |
0.00980000 |
0.02893242 |
| X/T |
Commercial new construction |
0.01913242 |
0.00980000 |
0.02893242 |
| C/U |
Commercial excess land |
0.01913242 |
0.00980000 |
0.02893242 |
| X/U |
Commercial new construction excess land |
0.01913242 |
0.00980000 |
0.02893242 |
| C/X |
Commercial vacant land |
0.01913242 |
0.00980000 |
0.02893242 |
| F/T |
Farmland taxable |
0.00310245 |
0.00038250 |
0.00348495 |
| H/F |
Landfill |
0.01962630 |
0.00980000 |
0.02942630 |
| I/H |
Industrial PIL shared |
0.03102073 |
0.01250000 |
0.04352073 |
| I/T |
Industrial |
0.03102073 |
0.01250000 |
0.04352073 |
| I/U |
Industrial excess land |
0.03102073 |
0.01250000 |
0.04352073 |
| I/X |
Industrial vacant land |
0.03102073 |
0.01250000 |
0.04352073 |
| J/T |
Industrial new construction |
0.03102073 |
0.00980000 |
0.04082073 |
| L/T |
Large industrial |
0.03102073 |
0.01250000 |
0.04352073 |
| L/U |
Large industrial excess land |
0.03102073 |
0.01250000 |
0.04352073 |
| S/T |
Shopping centre |
0.01913242 |
0.00980000 |
0.02893242 |
| M/T |
Multi-residential taxable |
0.01381711 |
0.00153000 |
0.01534711 |
| P/T |
Pipeline |
0.02250900 |
0.01247778 |
0.03498678 |
| R/T |
Residential |
0.01240978 |
0.00153000 |
0.01393978 |
| R/1 |
Residential farmland awaiting development |
0.00310245 |
0.00038250 |
0.00348495 |
| C/F |
Commercial PIL |
0.01913242 |
0.00980000 |
0.02893242 |
| C/G |
Commercial PIL (no school rate) |
0.01913242 |
0.00000000 |
0.01913242 |
| C/Y |
Commercial vacant land PIL |
0.01913242 |
0.00980000 |
0.02893242 |
The property tax bill may also contain adjustments for:
- Local improvement charges (i.e. sanitary sewer)
- Miscellaneous charges (i.e. BIA, weed cutting, tipping fees)
- Water arrears transferred from Festival Hydro
- Waste charges
|
