Financial

Municipal Tax Structure 2025

The following is published in accordance with the provisions of the Municipalities Act, and adopted by the Council in a meeting held November 13, 2024.

Residential mil rate (reduced):                                                   4.2 mil
Minimum Property Tax (unchanged):                                         $ 400.00
Minimum Property Tax on Vacant Land (unchanged):               $ 260.00
Water Service (unchanged):                                                       $ 198.00 per unit
Sewer Service (unchanged):                                                       $ 198.00 per unit
Water/Sewer on Vacant Land (unchanged):                               $ 100.00

Commercial mil rate:                                                                 9.25 mil
Minimum property tax (unchanged):                                         $ 400.00
Water Service (unchanged):                                                       $ 198.00 per unit
Sewer Service (unchanged):                                                       $ 198.00 per unit
Water/Sewer on Vacant Land (unchanged):                               $ 100.00

Business taxes calculated according to the following:
Home Based/ No fixed place/ Seasonal:            0.5 mil            Min.            $   100.⁰⁰
Services/ Retail:                                                  12 mil             Min.            $   750.⁰⁰
Manufacturing:                                                   17 mil            Min.            $ 1,500.⁰⁰
Professional/ Suppliers:                                      18 mil            Min.            $ 1,500.⁰⁰
Heavy/ Industrial:                                                24 mil            Min.           $ 1,500.⁰⁰
Short Term Accommodations:                           Flat Fee         Per unit        $   350.⁰⁰
Other:                                                                  12 mil              Min.          $   250.⁰⁰
Utility Companies (unchanged)                           2.5%                 of Gross Revenue

Fees for Permits:
General Repairs/Fence:                                  $   20.⁰⁰ (Twelve (12) months)
Residential Construction:                               $  150.⁰⁰
Shed/Garage Construction:                            $   40.⁰⁰
Extensions:                                                      $   40.⁰⁰
Water & Sewer connection:                            $  200.⁰⁰ + any arrears
Water & Sewer deposit:                                  $ 1500.⁰⁰ + applies when pavement is disrupted 

Other Fees and Charges shall be applied accordingly:

Tax Information including Certificate:          $ 100.⁰⁰
Photocopies:                                                       .20¢ per sheet
Fax:                                                               $   2.⁰⁰

EARLY PAYMENT DISCOUNT
A fifteen percent (15%) discount will be given on 2025 Property tax Only (not on the water & sewer fee) to property owners who pay in full on or before March 31, 2025, an eight (8%) discount will be given to residents who pay in full before May 30, 2025 by debit, approved cheque, or electronic transfers.

LOW INCOME DISCOUNT
A fifteen percent (15%) discount will be given on 2025 Property tax Only (not on the water & sewer fee) to resident property owners with a household income below the Canada Poverty Line who follow a monthly payment plan and make all required payments in the tax year. Discount applies to primary residence only. Discount does not apply where property taxes are in arrears. Proof of income is required. This discount cannot be combined with the Early Payment Discount.

As per the Towns and Local Service Districts Act, Taxes are due and payable on or before June 30, 2025. 2025 taxes not paid, or arrangement of payment made with the Town Clerk on or before June 30, will be charged Interest  at the rate of  twelve percent (12%)  per annum and the following actions will be taken:

1. Water Shut Off (where applicable)
2. Legal Action

       Town Clerk
(for) The Town of South River