The Town of Carlyle has set the 2017 mill rate by resolution of 7.8 mills.
In addition to the mill rate, the Town also uses a mill rate factor, set by bylaw of:
The Base Tax amount is $550.00
The mill rate factor formula:
(Taxable Assessment x Mill Rate / 1,000) x Mill Rate Factor + Base Tax = Municipal Property Tax Payable
2017 Education Property Tax Mill Rates are as follows:
Agricultural Property 1.43 mills
Residential Property 4.12 mills
Commercial/Industrial 6.27 mills
Taxable Assessment x Education Mill Rate / 1,000 = School Tax payable
Municipal Property Tax payable + School Property Tax payable = TOTAL Taxes Payable.