MUNICIPALITY OF ARRAN-ELDERSLIE
Taxes are payable by 4:30 p.m. on the DUE DATE
Final instalment due – October 31, 2008
|
Property Class |
County |
Education |
Municipal |
Total |
|
|
|
|
|
|
|
Residential |
0.00468387 |
0.00264000 |
0.00691921 |
0.01424308 |
|
Multi-Residential |
0.00468387 |
0.00264000 |
0.00691921 |
0.01424308 |
|
Commercial |
0.00577568 |
0.01385620 |
0.00853208 |
0.02816396 |
|
Commercial- vacant unit |
0.00404298 |
0.00969934 |
0.00597245 |
0.01971477 |
|
Commercial- vacant land |
0.00404298 |
0.00969934 |
0.00597245 |
0.01971477 |
|
Industrial |
0.00818600 |
0.02148133 |
0.01209270 |
0.04176003 |
|
Industrial- vacant unit |
0.00532090 |
0.01396286 |
0.00786026 |
0.02714402 |
|
Industrial- vacant land |
0.00532090 |
0.01396286 |
0.00786026 |
0.02714402 |
|
Pipeline |
0.00476069 |
0.01140825 |
0.00703268 |
0.02320162 |
|
Managed Forests |
0.00117097 |
0.00066000 |
0.00172980 |
0.00356077 |
|
Farmland |
0.00117097 |
0.00066000 |
0.00172980 |
0.00356077 |
|
Residential- Education |
N/A |
0.00264000 |
N/A |
0.00264000 |
To arrive at your taxes payable – multiply your assessment by the total tax rate.
Example: $ 120,000.00 (Assessment) X .01424308 (Residential Total) = $ 1,709.17
Note: a one and one quarter percent (1.25%) late penalty will be added to all unpaid tax installments on the first day of default and on the first day of each calendar month thereafter in which default continues, until the end of the year 2008.
Statutory interest of one and one quarter percent (1.25%) will be added to all unpaid taxes on January 1, 2008 and on the first day of each succeeding month until all taxes, penalties and interest are paid.
Levy:
Education $1,480,246 24.6% In 2008 Garbage charges have increased from
County $1,827,731 30.4% $66.00 to $69.30 per year.
Municipal $2,700,000 45.0%
$6,007,977 100%
2007 Financial Statements
The audited Financial Statements and the notes to the Financial Statements, the Auditor’s Report and the Tax Rate information for the current and previous year as contained in the financial review for 2007 are available for any taxpayer or resident of the Municipality upon request by contacting the Municipal Office.
Taxpayers must notify the municipal office as well as MPAC (Municipal Property Assessment Corporation) of any changes to addresses. MPAC can be reached at 1-877-635-6722. This will ensure that you will receive your assessment notices and tax bills at the correct address.