Taxation

The taxation year (village's fiscal year) is the same as the calendar year, January 1 - December 31, with the property taxes due December 31.

Taxes can be paid in person at the village office by cheque or a funds transfer. 

Office hours are Monday to Friday 9:00 am - 4:00 pm.

The property tax calculation is shown in the following formula:
Your Tax Bill = Base Tax +  [(Taxable Assessment x Mill Rate x Mill Rate Factor) / 1,000 ]

Taxable Assessment - This is the assessment value used as the base to calculate your property tax. It is determined by multiplying the assessment by the percentage of value applicable to the class of property that the property belongs to.

Mill Rate - After annual budgets are approved by the village, a mill rate is calculated and applied to all properties.

Mill Rate Factor - A mill rate factor is a tax policy tool used to redistribute the amount of total taxes paid by each property class.

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