Property Tax Calculator 2002

Enter your assessed value below to calculate your taxes for 2002. Please read the notes below before using this calculator.
The Property Tax Calculator 2001 is also available.

Residential Taxes (Class 1)
Enter Net Assessment Value:	$

Municipal Tax Rate:	$6.9239 per $1000
School & Other Taxing Authorities Rate:	$7.4467 per $1000
Municipal Taxes:	$
School & Other Taxes:	$
Total Taxes:	$
Note: Calculated taxes are rounded to nearest dollar


Business Taxes (Class 6)
Enter Net Assessment Value:	$

Municipal Tax Rate:	$19.5857 per $1000
School & Other Taxing Authorities Rate:	$13.2792 per $1000
Municipal Taxes:	$
School & Other Taxes:	$
Total Taxes:	$
Note: Calculated taxes are rounded to nearest dollar

Notes:

Most properties classified Business & Other (Class 6) receive an exemption for the first $10,000 of building value. In lieu of this, hotels, motels, and some other related properties (also Class 6), defined "Tourist Accommodation," and valued at less than $3,000,000 are entitled to exemptions of up to $150,000. Be sure to use net figures when entering Assessment Values above.
These property tax calculations do not include charges for utilities. These rates can be found in the utility charges section of this web site.
The residential gross taxes shown are before the Provincial Home Owner Grant which will reduce the amount shown if eligible. The reduction for a home owner under 65 is $470 and for a home owner over 65 the reduction is $745. This grant cannot reduce the property tax payable below $100 for someone over 65 and $350 for someone under 65.
The calculation model above is provided as a guide only. For more information on property taxes relating to your property please contact City Hall direct.

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