How is my property tax bill calculated? |
| Your property tax bill is determined by taking the assessed market value of your property and applying the appropriate property tax rate as set in the Tax Rate Bylaw. You can look up your most recent assessment online and use the Tax Estimator Calculator to get an estimate for your upcoming tax bill. |
Who sets the Municipal tax rates? |
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The Municipal tax rates are set by Council as part of developing and approving the annual Tax Rate Bylaw, which typically happens in May. The Municipality does not set the rate for education taxes, senior citizen lodge accommodation taxes or the designated industrial property requisition tax rate. The amount of property tax revenue needed to support core services and programs is defined in the annual budget process. |
Where does my tax money go? |
Property taxes are used to recover the costs to support the core services residents rely on, such as:
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How do I pay my property taxes? |
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For property tax payment options, visit paying property taxes. |
I haven't received my tax notice in the mail. How can I get another copy? |
| If you do not receive your tax notice by June 10, please contact Assessment and Taxation using the contact information in the yellow box on this page. |
How does my assessment affect taxes? |
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Your tax bill is calculated by taking the assessed market value of your property and applying the appropriate tax rate. Assessed property market value x tax rate = tax bill. Annually updating property assessments does not generate more money for the RMWB. Although it does redistribute the tax burden within tax rate classes and between the property classes to ensure everyone is contributing a fair amount. The Municipal Government Act requires municipalities to complete annual general assessments, a process which helps minimize tax shifts experienced by individual taxpayers. Learn more about Property Assessments. |
Why is my property tax notice different this year? |
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Your property tax notice depends on the market value assessment of your property as of July 1, of the year prior to the tax year, as well as the mill rate set in the Tax Rate Bylaw. For example, property owners whose property values have increased more than the municipal average will pay a greater share of taxes. Property owners whose property values have changed at an amount less than the municipal average will pay a smaller share of taxes. |
Can I authorize an agent to represent my taxation account? |
| If you would like to authorize an agent to represent your taxation account, please complete the Taxation Agent/Representative Authorization Form. |
