Tax Structure

Town of Springdale
Tax Structure 2012
 

At a meeting of Council held on December 13, 2011 the following rates and charges were approved pursuant to the terms of the Towns 2012 Budget and are hereby published in accordance with the provisions of Section 109 (1) of the Municipalities Act.

Note:
There will be a 2% Discount on property, business, poll , water and sewer taxes for citizens if paid in full by March 31, 2012.

1. Section 112 of the Municipalities Act - Real Property Tax of 9.5 Mills on the assessed value of the property. Minimum Tax is $300.00.

5% Discount on property tax for Senior Citizens if paid in full by March 31, 2012.

2. Section 120 of the Municipalities Act- Business Tax

Minimum Business Tax - $200.00

Minimum Home Base Business Tax - $200.00

150 Mills on the assessed value of the property for Banks and Finance Companies

65 Mills on the assessed value of the property for Oil Companies

10 Mills on the assessed value of the property for Hotel & Motel

20 Mills on the assessed value of the property for Funeral Homes

20 Mills on the assessed value of the property for Professional Office and Drug Stores

18 Mills on the assessed value of the property for Beauty Salons and Barber Shops

8 Mills on the assessed value of the property for Private Schools and Colleges

Utility Companies and Cable T.V. Companies - 2.5% of 2011 Gross Revenue

13 Mills on the assessed value of the property for businesses other than the ones listed above

$200.00 Minium for Day Care Centers

10 Mills on the assessed value of the property for Theaters

Business that have no real property assessment an Annual Tax Rate of $1000.00 or 1/4 of 1% of Gross Revenue which ever is lesser to a minimum of $200.00. The tax is to be based on the previous years gross sales.

Industrial Park

10 Mills on the assessed value of the property for businesses other than Oil Companies

3. Section 126-1 of the Municipalities Act - Poll Tax $200.00 per annum per person.

4. Section 130-1 of the Municipalities Act - Water and Sewerage Rates

If a rental property is vacant for three consecutive months, than a maximum of a 25% discount can be offered to residential water and sewer related to the rental property

Residential Water ................................................ $17.00 per month

Commercial, Industrial & Institutional Water
a) Nominal User ............................................ $20.00 per month
b) Medium User ............................................ $25.00 per month
c) Heavy User ............................................... $35.00 per month
d) Schools .................................................... $ 8.50 per student

Residential, Commercial, Industrial &
Institutional Sewer ........................................... $ 8.00 per month
Hotel & Motel Water Rates .............................. $62.50 per month
Church Water & Sewer Rate ............................ $25.00 per month

Water and Sewer Connections

Water .....................................$ 200.00
Sewer .....................................$ 350.00
Cutting of Pavement ................ $ 100.00

5. Section 407 of the Municipalities Act - Building Permits

Residential ................................................ $25.00
Commercial, Industrial & Institutional ........... $50.00
Other ........................................................ $10.00

6. Section 103-1 of the Municipalities Act - Imposition of Taxes

All taxes are due and payable March 31, 2012

7. Section 136 of the Municipalities Act - Tax Certificate
Tax Certificate and Compliance Letter $25.00 ea.

8. Dog License - $10.00 per annum

10. Interest will be charged on accounts in arrears.

Daphne Earle
Town Clerk