How do I calculate my commercial municipal taxes?

To calculate your commercial municipal taxes for 2021, use the following formula and rates, and consult our Tip Sheet for Understanding your Tax Notice.

Step 1: Determine your total land assessment

Taxable Land Assessment + Taxable Improvement Assessment = Total Assessment

Step 2: Use the formula

  • Assessment x Mill rate x Mill rate factor / 1,000 = taxes
  • Taxes + Base tax + Infrastructure levy = Total commercial municipal taxes

Mill Rate – 9.0 mills
Commercial Mill Rate Factor – 2.50
Agriculture Mill Rate Factor – 0.55
Commercial Base Tax – $1,100.00
Infrastructure Levy (on all properties) – $200.00

Example


Taxable Land Assessment              = 10,000.00
Taxable Improvement Assessment = 165,000.00
Total Assessment                           = 175,000.00

Assessment x Mill rate x Mill rate factor / 1,000 = taxes

175,000 x 9.0 x 2.50/ 1,000 = 3,937.50
$3,937.50– Taxes
+$1,100.00 – Base Tax
+$   200.00 – Infrastructure Levy
=$5,237.50– Total Commercial Municipal Taxes

Show All Answers

1. Where can I view my property assessment?
2. What are the penalties for taxes in arrears?
3. How do I pay my taxes?
4. How do I calculate my commercial municipal taxes?
5. How do I calculate my residential municipal taxes?