Municipal Property Tax - Mill Rate & Mill Rate Factors
** The 2021 Mill Rate has not been set for the current year ~ Tax Notices will be mailed out mid May, 2021 **
The Town of Carlyle has set the 2020 Mill Rate by resolution at 8.0 mills.
In addition to the mill rate, the Town also uses a mill rate factor, established by bylaw of:
The mill Rate Factor Formula
(Taxable Assessment x Mill Rate / 1,000) x Mill Rate Factor + Base Tax = Municipal Property Tax Payable
Education Property Tax - Mill Rates
2020 Education Property Tax Mill Rates are as follows, there is NO INCREASE from 2019:
|Commercial / Industrial||6.2700|
Property Tax Calculation
Taxable Assessment x Education Mill Rate / 1,000 = School Tax Payable
Municipal Property Tax payable + School Property Tax payable = Total Taxes Payable.