Property Taxes
The Township of St. Joseph taxes are due in two installments annually. The Property Tax bill is made up of two main components Education Tax and Municipal Township Tax.
SENT | DUE |
February 1st | February 28th |
August 1st | August 31st |
What makes up my tax bill?
Your Property Tax Bill is made up of two main components: Education Taxes – The tax rate is set by the Province of Ontario and is billed and collected by the municipality. These levies are remitted to your district school board. Municipal Township Taxes – The tax rates for your municipal services are based on Council’s adoption of the annual budget. The total expenditures relate to a variety of services provided by the Township. Revenues from Provincial grants, user fees and other sources have been deducted from the total expenditures, resulting in a net amount to be raised through Municipal Township Taxation. Municipal taxes also include the cost of policing services
How is my tax bill calculated?
Formula = PROPERTY ASSESSMENT* multiplied by TAX RATE***
The Municipal Property Assessment Corporation (MPAC) classifies and assesses all properties in Ontario under the Assessment Act and regulations established by the Provincial Government. To establish your property’s assessed value, MPAC analyzes the property sales in your area. These sales provide the basis for assessed values. MPAC continually collects information about properties to ensure that similar property types are valued consistently within the market area. This method is called Current Value Assessment. It is used by most assessment jurisdictions in Canada and around the world.
Exemption for Seniors and Persons With A Disability
Follow the link below to MPAC's website to learn more about the exemptions currently offered and the programs available for Seniors and Persons with a disability.
https://www.mpac.ca/en/MakingChangesUpdates/ExemptionSeniorsandPersonsDisabilities