Property Tax Rates

Residential/Farmland

per $1,000 of assessment
Taxation Year 2017 2018
Municipal 7.7794 7.986354
School Foundations 2.5860 2.590548
Newell Foundation 0.2187 0.217891
Total 10.5841 10.794793

Commercial/Industrial

per $1,000 of assessment
Taxation Year 2017 2018
Municipal 12.2966 12.990093
School Foundations 3.7785 3.956339
Newell Foundation 0.2187 0.217891
Total 16.2938 17.164323

New in 2018

Taxable Designated Industrial (DI) Properties will be subject to the DI Property Requisition uniform tax rate of 0.034178, which has been set by the province to recover the costs incurred by the provincial assessor's office to prepare the assessment of the total provincial DI Property.

Tax rates were approved by Council at the May 7, 2018 Council meeting.

Related Documents

  1. 2018 Property Tax Bylaw (PDF)