{"id":61,"date":"2014-05-07T18:31:46","date_gmt":"2014-05-07T18:31:46","guid":{"rendered":"http:\/\/townofsouthriver.ca\/wp\/?page_id=61"},"modified":"2025-04-03T16:55:23","modified_gmt":"2025-04-03T16:55:23","slug":"financial","status":"publish","type":"page","link":"https:\/\/townofsouthriver.ca\/?page_id=61","title":{"rendered":"Financial"},"content":{"rendered":"<h2><strong>Municipal Tax Structure 2025<\/strong><\/h2>\n<p>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.<\/p>\n<p><strong>Residential mil rate <\/strong><em>(reduced)<\/em><strong>:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a04.2 mil<br \/>\n<\/strong>Minimum Property Tax (<i>unchanged<\/i>):\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ 400.00<br \/>\nMinimum Property Tax on Vacant Land (<em>unchanged<\/em>):\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ 260.00<br \/>\nWater Service (<em>unchanged<\/em>):\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ 198.00 per unit<br \/>\nSewer Service (<em>unchanged<\/em>):\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ 198.00 per unit<br \/>\nWater\/Sewer on Vacant Land (<em>unchanged<\/em>):\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ 100.00<\/p>\n<p><strong>Commercial mil rate:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><em><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><\/em><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0 \u00a0\u00a0\u00a09.25 mil<\/strong><strong><br \/>\n<\/strong>Minimum property tax (<em>unchanged<\/em>):\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ 400.00<br \/>\nWater Service (<em>unchanged<\/em>):\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ 198.00 per unit<br \/>\nSewer Service (<em>unchanged<\/em>):\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ 198.00 per unit<br \/>\nWater\/Sewer on Vacant Land (<em>unchanged<\/em>):\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ 100.00<\/p>\n<p><strong>Business taxes<\/strong> calculated according to the following:<br \/>\nHome Based\/ No fixed place\/ Seasonal:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 0.5 mil\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Min.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $\u00a0 \u00a0100.<sup>00<br \/>\n<\/sup>Services\/ Retail:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 12 mil\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Min.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $\u00a0 \u00a0750.<sup>00<br \/>\n<\/sup>Manufacturing:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a017 mil\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Min.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $ 1,500.<sup>00<br \/>\n<\/sup>Professional\/ Suppliers:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0 18 mil\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Min.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $ 1,500.<sup>00<br \/>\n<\/sup>Heavy\/ Industrial:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0 24 mil\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Min.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ 1,500.<sup>00<br \/>\n<\/sup>Short Term Accommodations:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Flat Fee\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0 Per unit\u00a0 \u00a0 \u00a0 \u00a0 $\u00a0 \u00a0350.<sup>00<\/sup><br \/>\nOther:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 12 mil\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0\u00a0\u00a0 Min.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $\u00a0 \u00a0250.<sup>00<br \/>\n<\/sup>Utility Companies <em>(unchanged)<\/em> \u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.5%\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0of Gross Revenue<\/p>\n<p><strong>Fees for Permits:<br \/>\n<\/strong>General Repairs\/Fence:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $ \u00a0\u00a020.<sup>00 <\/sup>(Twelve (12) months)<br \/>\nResidential Construction:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$ \u00a0150.<sup>00<br \/>\n<\/sup>Shed\/Garage Construction:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $ \u00a0\u00a040.<sup>00<br \/>\n<\/sup>Extensions:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $ \u00a0\u00a040.<sup>00<br \/>\n<\/sup>Water &amp; Sewer connection:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $ \u00a0200.<sup>00<\/sup> + any arrears<strong><br \/>\n<\/strong>Water &amp; Sewer deposit:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $ 1500.<sup>00<\/sup> + applies when pavement is disrupted<strong>\u00a0<\/strong><\/p>\n<p><strong>Other Fees and Charges <\/strong>shall be applied accordingly:<\/p>\n<p>Tax Information including Certificate:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $ 100.<sup>00<br \/>\n<\/sup>Photocopies:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0.20\u00a2 per sheet<br \/>\nFax:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$\u00a0\u00a0 2.<sup>00<\/sup><\/p>\n<p><strong>EARLY PAYMENT DISCOUNT<\/strong><br \/>\nA fifteen percent (15%) discount will be given on 2025\u00a0<strong>Property<\/strong>\u00a0<strong>tax<\/strong>\u00a0<strong>Only (<\/strong>not on the water &amp; sewer fee<strong>)<\/strong>\u00a0to property owners who pay in full on or\u00a0<strong>before<\/strong><strong>\u00a0<\/strong>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.<\/p>\n<p><strong>LOW INCOME DISCOUNT<br \/>\n<\/strong>A fifteen percent (15%) discount will be given on 2025\u00a0<strong>Property<\/strong>\u00a0tax\u00a0<strong>Only (<\/strong>not on the water &amp; sewer fee<strong>)<\/strong>\u00a0to 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.<\/p>\n<p>As per the Towns and Local Service Districts Act, Taxes are due and payable on or\u00a0<strong>before<\/strong><strong>\u00a0<\/strong>June 30, 2025. 2025 taxes not paid, or arrangement of payment made with the Town Clerk on or before June 30, will be charged\u00a0<strong>Interest<\/strong><strong>\u00a0<\/strong>\u00a0at the rate of\u00a0 twelve percent (12%)\u00a0 per annum and the following actions will be taken:<\/p>\n<ol>\n<li>Water Shut Off (where applicable)<\/li>\n<li>Legal Action<\/li>\n<\/ol>\n<p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Town Clerk <\/strong><strong><br \/>\n<\/strong>(<em>for<\/em>) The Town of South River<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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):\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-c.php","meta":{"spay_email":""},"_links":{"self":[{"href":"https:\/\/townofsouthriver.ca\/index.php?rest_route=\/wp\/v2\/pages\/61"}],"collection":[{"href":"https:\/\/townofsouthriver.ca\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/townofsouthriver.ca\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/townofsouthriver.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/townofsouthriver.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61"}],"version-history":[{"count":23,"href":"https:\/\/townofsouthriver.ca\/index.php?rest_route=\/wp\/v2\/pages\/61\/revisions"}],"predecessor-version":[{"id":3139,"href":"https:\/\/townofsouthriver.ca\/index.php?rest_route=\/wp\/v2\/pages\/61\/revisions\/3139"}],"wp:attachment":[{"href":"https:\/\/townofsouthriver.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}