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The tax rates,
along with property classifications and the assessed value of your
property, are used to determine your property tax bill.
- Provincial
general and school taxes are calculated by applying tax rates
to property assessed values.
- Local service
levies on your tax notice are based on tax rates to property assessed
values.
The majority
of tax rates are applied against both the land and improvement
values. In certain areas, however, levies are based on either land
or improvement values (marked as either "L" or "I"
at the end of the service description).
Tax rates are
available in the middle of May for the current tax year.
The tax rates
on your rural property tax notice are set by various agencies
with taxing authority, based on their budgetary requirements.
These include the province (for general and school purposes), as
well as local service agencies within specific service areas.
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