City of Thompson property tax statements have been sent out with the most recent water and sewer utility bills and property owners who don’t pay via their mortgage holder or by the tax installment program have until Sept. 30 to settle up.
The total mill rate for residential properties this year is 38.298, made up of a 20.670 municipal mill rate and a 17.628 School District of Mystery Lake mill rate, while the commercial mill rate also includes an 11.610 provincial mill rate for a total of 49.908. There is also a 4.49 per cent business tax.
The mill rate is the rate of taxes for every $1,000 of portioned assessment. For a residential property worth $200,000, taxes are applied on 45 per cent of the assessed value, which would be $90,000, for a total tax bill of $3,446.82, or $2,746.82 after the provincial education tax rebate of $700 is applied.
The city says the municipal mill rate is lower than in Winnipeg, Steinbach, Winkler, Brandon and Morden and that the education levy is less than in Neepawa, Winnipeg, Selkirk, Portage la Prairie, Brandon, Steinbach, Dauphin and Morden.
The tax bill also includes an $88.60 special levy which is a five-year levy that covers repairs to storm, sewer and water service lines that are more than one metre from the foundation on residential properties.
Overall, residential property taxes are up 1.5 per cent from 2014, with the city portion rising 3.4 per cent and the school district portion dropping by 0.6 per cent.
Property taxes paid or penalties incurred after June 1 of this year are not included in the statement. Up-to-date information can be obtained by calling the tax clerk at 204-677-7934.
Taxes can be paid through online banking, by telpay, in person or by mail. To avoid incurring penalties payments must be received by the city’s bank account by Sept. 30. People who have sold their property should forward it to the new owners or return it to City Hall and advise the city of the sale.
Property owners can also pay their taxes through pre-authorized monthly payments from their bank accounts, with payment amounts recalculated in June to ensure the full amount will be paid by the end of the year.
