Municipal Property Tax - Mill Rate & Mill Rate Factors
The Town of Carlyle has set the 2022 Mill Rate by resolution at 9.7 mills.
In addition to the mill rate, the Town also uses a mill rate factor, established by bylaw of:
To Calculate the Municipal Portion of Property Tax:
(Taxable Assessment x Mill Rate / 1,000) x Mill Rate Factor + Base Tax = Municipal Property Tax Payable
Education Property Tax - Mill Rates
2022 Education Property Tax Mill Rates are as follows:
| Agricultural Property
| Residential Property
| Commercial / Industrial
To Calculate the Education Portion of Property Tax:
Taxable Assessment x Education Mill Rate / 1,000 = Education Property Tax Payable
Add both the Municipal amounts and the Education amounts together to determine the full amount due for property taxes:
Municipal Property Tax payable + Education Property Tax payable = Total Property Taxes Payable.