Tax Due Dates

Interim Levy-third Friday of March and May
Final Levy-third Friday of July and September

The final levy for commercial and industrial properties may be later due to the Province of Ontario continuing with the implementation of municipal property tax reforms.

Payment Options

You are able to pay your taxes in person, by mail, via any Chartered Bank in Canada or by telephone/internet banking or by preauthorized payments.

If paying by telephone/internet banking, please ensure that you choose the payee of "South Bruce Peninsula (Town) - Taxes". Some financial institutions also require the municipality's code (4102) to precede the account number/roll number. (Your account information is located on the upper portion of your tax bill.)

PREAUTHORIZED PAYMENT FORMS

For more information contact the Tax Clerk

 Tax Rates

  20142013  20122011

2010

Residential Farm

RT

0.011215210.01146838 0.011558500.01183234

0.01216600

Farm Lands

FT

0.00280381 0.00286710 0.002889630.00295809

0.00304151

Managed Forest

TT

0.002803805 0.00286710 0.002889630.00295809

0.00304151

Industrial

IT

0.031652990.03223817 0.032238390.03594218

0.03725062

Commercial

CT

0.022729250.023169280.023294820.02399928

0.02482436

Commercial Excess Vacant

CU

0.01774912 0.01621850 0.016306370.01679950

0.01737706

Commercial Vacant

CX

0.01774912 0.01621850 0.016306370.01679950

0.01737706

Industrial Excess Vacant Unit

IU

 0.020954810.020954950.02336242

0.02421291

 New Industrial

 JT

0.02825299   

 

Multi-Residential

MT

0.011215210.011468380.011558500.01183234

0.01216600

Hydro Commercial

CH

0.02535589 0.02316928 0.023294820.02399928

0.02482436

Pipelines

PT

0.01906946 0.019353610.019475290.01997546

0.02055818

Parking Lot

GT

0.025355890.02316928 0.023294820.02399928

0.02482436

Hydro Commercial

CP

0.025355890.02316928 0.023294820.02399928

0.02482436

Hydro Industrial

IH

0.03165299 0.03223817 0.032238390.03594218

0.03725062

Farmland Awaiting Development

RI

  0.00860129 0.008668880.00887426

0.00912451

New Construction Commercial

XT

0.02535589 0.023169280.02329482

0.02399928

0.02482436

 

 

MPAC's ROLE: ASSESSMENT

The Municipal Property Assessment Corporation (MPAC) is responsible for assessing all property in Ontario. It operates under the authority of the Municipal Property Assessment Corporation Act. Every municipality in Ontario is a member of the Corporation, which is governed by a Board of Directors. MPAC does not set assessment policy but it does administer these policies. Its main responsibility is to calculate assessed values, and to classify properties according to their use, for each of the over four million properties in Ontario. These values are provided to municipalities on annual assessment rolls. Municipalities and the Province use these values when they calculate property taxes and education taxes.

History of Assessment
Property in Ontario has been assessed for municipal taxation purposes for more than 200 years. Responsibility for assessment originally came under the jurisdiction of the Province of Upper Canada but was transferred to the municipalities in 1849.

As the municipalities developed their own systems for property evaluation, discrepancies arose between municipalities and between different areas within the same municipalities. It soon became apparent that similar properties could receive widely divergent assessments, resulting in a property tax distribution system which was unfair.

In 1967, an Ontario Committee on Taxation report highlighted the many inequities of the assessment system. In response, the government assumed responsibility for property assessment in 1970 to standardize assessment across all Ontario municipalities.

The government's goal was to provide the people of Ontario, through their municipalities, with uniform assessment policies and practices, and with a consistently high level of service. As part of the process, all municipalities were to be included under the same assessment system, called "market-value assessment." Market-value assessment was offered to municipal governments across Ontario on a voluntary basis. Over 91 percent of Ontario municipalities updated their assessments by making the transition to market-value assessment, with many undergoing regularly scheduled reassessments. However, many inequities continued to exist between municipalities and property assessments were calculated differently across the province. There were municipalities in which the assessed value of a property was based on an estimation of its market value, while in others it was based on a percentage of that value.

In others, assessed value was based on an approximation of what the value of the property was in the year the municipality was last assessed - sometimes as long as 50 years ago. This patchwork of assessment resulted in people with similar properties, sometimes in the same municipality, paying different amounts of property tax. This situation was corrected in 1998 with the introduction of the Ontario Fair Assessment System (OFAS), under which all properties in Ontario were reassessed at the same time and on the same basis. Each property has a new current value assessment, which is its estimated value on June 30, 2001. These values took effect for the 2003 taxation year and will be updated annually.

On December 31, 1998, responsibility for property assessment was transferred to a new municipal corporation called the Municipal Property Assessment Corporation (MPAC). MPAC delivers a broad range of assessment services to municipalities, all of which are members of the Corporation.