Property Tax Rates

Residential/Farmland

per $1,000 of assessment
Taxation Year 2020 2021
Municipal 8.405500 8.41067
School Foundations 2.610867 2.587085
Newell Foundation 0.087037 0.091507
Total 11.103404 11.089262

Commercial/Industrial

per $1,000 of assessment
Taxation Year 2020 2021
Municipal 13.61988 11.921855
School Foundations 3.795779 4.036953
Newell Foundation 0.087037 0.091507
Total 17.502696 16.050315

Commercial/Industrial Vacant

per $1,000 of assessment
Taxation Year 2020 2021
Municipal 15.69586 13.994555
School Foundations 3.795779 4.036953
Newell Foundation 0.087037 0.091507
Total 19.578676 18.123015

Tax rates were approved by Council at the May 3, 2021 Council meeting.

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