FINANCE

INFORMATION BULLETIN – August 2017

Final Tax Notices have been mailed to all property owners.  For Residential, Farm, Managed Forests and Pipeline property classes, the final tax levy is split into two installments, being due July 31, 2017 and September 29, 2017.  For Multi-Residential, Commercial and Industrial properties, the final tax levy is split into two installments, being due September 29, 2017 and November 30, 2017.

By-law No. 2017-51 was passed by Council on August 1, 2017 to adopt all 2017 Rates.

The Township of McNab/Braeside is the 4th highest contributor to the Renfrew County levy in 2017. The Township will submit payment for the County levy in the amount of $3,196,463 in 2017.

For every dollar the Township collects in residential taxes, the Township retains 49 cents, the Schools receive 17 cents and the County receives 34 cents. In 2017, the Township Tax rate was the 6th lowest in Renfrew County.

2017 PROPERTY TAX RATES
(Click the link above for rates)

2017 TOWNSHIP BUDGET

Revenue, Operating & Capital Expenditures

Revenue

Amount

         

Expenditures

Amount

Taxation

4,634,321

General Government

4,149,050

Garbage Levy

570,930

Fire Protection

552,589

Federal Gov't

226,002

Policing

866,342

Provincial Gov't

560,909

Building Inspection

100,613

Payments in Lieu

205,439

Transportation

3,663,563

Other Municipal

203,407

Waste Management

828,646

Waste Management

172,456

Rec/Museum/Library

3,227,856

Recreation/Museum

62,882

Animal Control/Other

105,888

Penalties, Interest

121,500

Planning

140,495

Licences, Permits

116,150

Street Lights

74,552

Reserves Transfer & Debt

6,855,490

Emergency Planning

19,892

 Total Revenues

13,729,486

 Op. & Capital Expenditures

13,729,486

Tax Information

The Township mails two tax bills each year. The first tax bill is the interim tax bill with one instalment due at the end of March. The Interim Tax Bill is calculated at 50% of the previous year's total Taxes Levied. The Final Tax Bill is calculated using the current market value assessment times the tax rates less the interim bill amount, and the balance is divided into two instalments due at the end of July and September.

Collection of Taxes

A PENALTY OF 1¼% per month will be added to any outstanding amount on the 1st day of each month until paid. Failure to receive a Tax Bill does not relieve the Taxpayer from payment of Taxes or Penalty. If a property has changed ownership, please return the Tax Bill to the Township Office.