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Property Taxes.

Services and programs to the residents are provided for through the collection of property taxes.

The current value assessment of your property is determined by the Municipal Assessment Corporation (MPAC) www.mpac.ca. These values are then provided to the Municipality in the form of an assessment roll.

The interim property taxes are based on the previous year’s annual amount of taxes at a rate of fifty percent (50%) and taxes are payable in two (2) installments.

The Municipal budget is determined annually and tax rates are based on the assessment values taken from the assessment roll. There are various tax rates based on the tax classes. These property tax classes include residential, commercial and industrial. The various school boards are funded through this tax system by an education tax rate which the Municipality is required to collect. The education taxes are included in your property tax bill. The final taxes are payable in two (2) installments. A residential property with a current value assessment (CVA) of $100,000 value would have a property tax bill in the amount of $2,646.11 for the year 2008.

Late Payments:
Tax payments must be received at the Municipal Office on or prior to the due date. A late payment charge for any installment not paid by the due date shall have a penalty imposed at the rate of fifteen percent (15%) per annum. Failure to receive a bill does not entitle the ratepayer to an extension of the due date nor cancellation of the late payment charges.

Changes to Mailing Address/Ownership:
Ratepayers must notify the Municipality in writing of any changes to the mailing address or change of ownership information in order to ensure account accuracy.

Payment Options:
Municipal Office reception counter, 40 Broadway Avenue, during the hours of 8:30 a.m. to 4:30 p.m., Monday to Friday. Cash, cheques (post-dated accepted), debit card
Mail to P.O. Box 500, Wawa, Ontario P0S 1K0
On-line and telephone banking at most financial institutions
Pre-authorized tax payment plans

Adjustments:
Should you have any changes to your building through fire, demolition or use of building, applications may be submitted on or before February 28 of the year following the year for which the application is made for approval of a tax adjustment . Use Form No. 1170 for Adjustment for Taxes Section 357 or Section 358.