Tax Structure For
2012
Property Tax |
|
| Residential |
7.75
mills |
|
Commercial |
8.5
mills |
| Minimum Tax |
$300.00 |
|
|
Water & Sewer Tax |
|
Residential |
|
Residential |
$360.00 per unit |
Apt. Buildings |
$360.00 per unit |
Vacant Land and
Properties with No Water & Sewer Connection |
1/2 the yearly rate |
Commercial
|
|
| Commercial Buildings |
$360.00 base rate + 2.5 mills of assessed value |
Tax Exempt Properties not metered |
$360.00 base rate + 4.5 mills of assessed value |
Home Based Beauty Salons, Bed
& Breakfasts, Churches and Not-For-Profit Organizations |
$360.00 base rate |
Properties with No Water & Sewer
Connection |
1/2 of base rate |
Water Meters/Sewer |
Schools, Hotels, Laundromats, Rest
Homes & Industrial Businesses |
1.80 per m (1000) gal |
Fish Plants |
1.80 per m(1000) gals up to 5 million gals used in a calendar month.
2.30 per m(1000) gals used in excess of 5 million gals in a calendar month. |
Minimum
Monthly Charge |
$60.00 |
| Sewer Charge |
Buildings with meters to be charged an amount equivalent to water charge |
Turn Off & Hookup Fee |
$50.00 |
Poll Tax |
Poll Tax |
$325.00 |
Business Tax Rates & Fees
Where business has a fixed place of business:
| Class B |
Bed & Breakfasts, Caterers, Daycare Facilities, Boarding Homes, Funeral Homes, Lounges, Restaurants, Night Clubs |
Mill Rate: |
11 |
Min. Charge: |
$300.00 |
|
|
Class C |
Nursing
Homes, Personal Care Homes |
Mill Rate: |
6 |
Min. Charge: |
$400.00 |
|
|
Class D |
Drydocks / Shipyards |
Mill Rate: |
19.5 |
Min. Charge: |
$400.00 |
|
|
Class E |
Excavation Contractors, Mining or Quarrying
(Stone, Shale or Gravel), Paving Companies |
Mill Rate: |
13 |
Min. Charge: |
$1000.00 |
|
|
Class F |
Banks, Finance and Trust Companies |
Mill Rate: |
110 |
Min. Charge: |
$400.00 |
|
|
Class G |
Garages, Car Sales, Service Stations, Gas Bars with
or without Convenience Stores, Machine Shops and Recreational Vehicle Sales |
Mill Rate: |
13 |
Min. Charge: |
$400.00 |
|
|
Class H |
Hotels / Motels |
Mill Rate: |
16.5 |
Min. Charge: |
$400.00 |
|
|
Class I |
Industrial,
Fish Plants |
Mill Rate: |
40 |
Min. Charge: |
$400.00 |
|
|
Class
J |
Mail
Order Outlets, Oil Companies, Bulk Storage
Plants |
Mill Rate: |
100 |
Min. Charge: |
$400.00 |
|
|
Class
P |
Professional
Services |
Mill Rate: |
31 |
Min. Charge: |
$400.00 |
|
|
Class
R |
General Commercial - including: Contractors (Electrical, Plumbing & Heating,
Landscaping), Construction Companies, Building Supply Companies, Manufacturing Firms, Warehousing, Wholesale, Rental Companies, Retail Distributors, Retail with less than 13,000 sq ft |
Mill Rate: |
12 |
Min. Charge: |
$400.00 |
|
|
Class
S |
Retail in excess of 13,000 sq ft |
Mill Rate: |
15 |
Min. Charge: |
$400.00 |
|
|
Class
U |
Utility
Companies |
Mill Rate: |
2.5%
Gross Revenues |
Min. Charge: |
|
|
|
Class
Z |
All
Other Commercial |
Mill Rate: |
17 |
Min. Charge: |
$400.00 |
|
|
Where business has no fixed place of business:
Class GR - Gross Revenue
3% of gross revenue
Other
Tax Certificates & Compliance Letters - $50.00
Circus, Amusement and Fairs - $50.00 per day
Garbage collection fee for tax exempt buildings - $500.00 per year
Zoning change - $300.00 deposit must be made upon Council's approval of zoning change and remaining cost associated with the zoning change to be paid upon completion of transaction.
Portable Vendors - As per Policy.
· Council reserves the right to take action on all current years taxes not paid by June 30th of each year, with the exception of water and sewer taxes which may be paid monthly
· Compound interest will be charged on arrears at 5% above prime at January 1,
2012
· Interest on 2012 taxes effective April 1, 2012 - Poll Tax July 1st,
2012.
· Seniors/Pensioners & Low Income Families will be exempt from interest on place of residence only for current taxes until November 30,
2012, upon application to the Town and subject to criteria as set out in the "Exemption From Interest" policy.
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