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Tax Calculation Samples

HOUSE Valued at $200,000

BUSINESS Valued at $200,000

2014 Calculation – Even though the Municipal Levy and Education Support Levy mill rates went down, the taxes you will be asked to pay may increase because of the 2014 assessment increases in property values.

$200,000 x 45% = $90,000
$90,000 / 1000 = $90.00
Municipal Mill Rate:
$90.00 x 19.68 = $1,771.20
Western School Mill Rate:
$90.00 x 17.06 = $1,535.40
Education Support Levy: Nil
Total Tax: $3,306.60

2014 Calculation – Even though the Municipal Levy and Education Support Levy mill rates went down, the taxes you will be asked to pay may increase because of the 2014 assessment increases in property values

$200,000 x 65% = $130,000
$130,000 / 1000 = $130.00
Municipal Mill Rate:
$130.00 x 19.68 = $2,558.40
Western School Mill Rate:
$130.00 x 17.06 = $2,217.80
Education Support Levy:
$130.00 x 11.39= $1,480.70
Total Tax: $6,256.90

 

2013 Calculation

$200,000 x 45% = $90,000
$90,000 / 1000 = $90.00
Municipal Mill Rate:
$90.00 x 20.62 = $1,855.80
Western School Mill Rate:
$90.00 x 18.30 = $1,647.00
Education Support Levy: Nil
Total Tax: $3,502.800

2013 Caluclation

$200,000 x 65% = $130,000
$130,000 / 1000 = $130.00
Municipal Mill Rate:
$130.00 x 20.62 = $2,680.60
Western School Mill Rate:
$130.00 x 18.30 = $2,379.00
Education Support Levy:
$130.00 x 11.83 = $1,537.90
Total Tax: $6,597.50

 

2012 Calculation

$200,000 x 45% = $90,000
$90,000 / 1000 = $90.00
Municipal Mill Rate:
$90.00 x 20.02 = $1,801.80
Western School Mill Rate:
$90.00 x 17.98 = $1,618.20
Education Support Levy: Nil
Total Tax: $3,420.00

2012 Calculation

$200,000 x 65% = $130,000
$130,000 / 1000 = $130.00
Municipal Mill Rate:
$130.00 x 20.02 = $2,602.60
Western School Mill Rate:
$130.00 x 17.98 = $2,337.40
Education Support Levy:
$130.00 x 11.36 = $1,476.80
Total Tax: $6,416.80