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2014 Tax Rates Print

 

 

Taxation Year

2008

2009

2010

2011

2012

2013

2014

Residential/Farmland

per $1,000 of assessment

per $1,000 of assessment

per $1,000 of assessment

per $1,000 of assessment

per $1,000 of assessment

per $1,000 of assessment

per $1,000 of assessment

Municipal

6.007

6.11390

6.3401

6.5305

6.8505

7.1862

7.5096

School Foundations

2.79573

2.61110

2.5163

2.4936

2.651922

2.5925

2.4766

Newell Foundation

0.11363

0.14980

0.1467

0.1612

0.170716

0.1897

0.18147

 

 

 

 

 

 

 

 

Total

8.91636

8.87480

9.0031

9.1853

9.67313

9.9684

10.16767

 

 

 

 

 

 

 

 

Commercial/Industrial

 

per $1,000 of assessment

per $1,000 of assessment

per $1,000 of assessment

per $1,000 of assessment

per $1,000 of assessment

per $1,000 of assessment

Municipal

9.5817

9.76630

10.1276

10.3294

10.83550

11.3664

11.8779

School Foundations

4.39658

4.06278

3.9448

3.8233

3.821997

3.8003

3.6431

Newell Foundation

0.11363

0.14980

0.1467

0.1612

0.170716

0.1897

0.18147

 

 

 

 

 

 

 

 

Total

14.09191

13.97888

14.2191

14.3139

14.82821

15.3564

15.70247

 

 

 

 

 

 

 

 

Repaving Tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated Cost of Street Repaving

960,000

 

 

 

 

 

 

Estimated Cost of Lane Repaving

16,000

 

 

 

 

 

 

 

per foot of assessment

per foot of assessment

per foot of assessment

per foot of assessment

per foot of assessment

per foot of assessment

per foot of assessment

Street Repaving Tax

2.80

2.80

2.80

2.80

2.80

2.80

2.80

Long Undeveloped (Streets)

0.71

0.71

0.71

0.71

0.71

0.71

0.71

Lane Repaving Tax

0.89

0.00

0.00

0.00

0.00

0.00

0.00

Long Undeveloped (Lanes)

0.14

0.00

0.00

0.00

0.00

0.00

0.00

Long Undeveloped Exceeding
1,725 ft

$0.14/foot of assessment

$0.14/foot of assessment

$0.14/foot of assessment

$0.14/foot of assessment

$0.14/foot of assessment

$0.14/foot of assessment

$0.14/foot of assessment

           

 

 

 

2014 Mill Rate Bylaw

 

PROPERTY TAXATION

Each year, Council establishes a Rate of Taxation, based on assessed values, sufficient to pay for those expenditures that are not recovered from other revenue sources.

Tax rates were approved by Council at the April 15th, 2013 Council meeting.