Determining Property Taxes
Property taxation is the main source of revenue for most municipalities and schools. The ability to deliver services depends on a stable assessment base.

To determine a property tax, the taxable assessment is multiplied by the mill rates set each year. The municipal mill rate is determined based on the annual budget after considering all other sources of revenue. Municipalities may also apply mill rate factors and/or adopt a minimum or base tax. The education mill rate is established by the province. Separate school division may elect to retain authority to establish their own mill rate.

Taxable assessment x local mill rate(s) + minimum or base tax = property taxes

2013 Municipal Tax Levy

• Base tax: $615.00
• Lagoon Improvement Levy: $50.00
• Garbage/Recycling Fees $165.00
• Future WastewaterTreatment Levy $0.00
• Residential mill rate:5.20 mills
• Commercial mill rate: 7.40 mills

2013 School Tax Levy

• Agricultural mill rate: 2.67 mills
• Residential mill rate: 5.03 mills
• Commercial/Industrial mill rate: 8.28 mills
• Resource (oil and gas, mines and piplines) 11.04 mills

Due Date
The deadline for payment of property taxes is July 31 of each year.

Penalties
Penalties of 1% will be assessed as of August 1 on all outstanding taxes from the current year. Penalties continue to be levied against all outstanding taxes on the first of each subsequent month, until the balance is paid in full. Outstanding taxes become arrears January 1st of the following year and continue to be penalized. Arrears may be subject to tax enforcement proceedings.