2026 Municipal Tax Structure - Town of Carbonear

Carbonear, Newfoundland and Labrador · summary & facts

This is the exact embedded text of the captured official document. Snapshot e28e8dc97235 · verified 2026-10-18 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

1 2026 Municipal Tax Structure 2026 MUNICIPAL TAX STRUCTURE Property Tax Residential Property Tax: Assessed Value greater than $46,154 ................. 6.50 mills of assessed property value Assessed Value equal to or less than $46,154 .... Base Amount of $300 plus 0.00001% mills of assessed property value Commercial Property Tax: Assessed Value greater than $57,143 ................. 8.75 mills of assessed property value Assessed Value equal to or less than $57,143 .... Base Amount of $500 plus 0.00001% mills of assessed property value Taxpayers with a Household Family Income of $70,000 or less may be eligible for an interest adjustment in accordance with the Interest Adjustment Policy. Applications and the policy are available by contacting the Town Hall. Service Organizations are eligible for a property tax adjustment in accordance with the Real Property Tax Exemption - Service Organizations Policy. Residential Water/Sewer Rates Water and Sewer (subsidiary apartments are a separate unit) .......... $360.00 PER UNIT Double Family Dwellings, apartments, etc. ......................................... $360.00 PER UNIT Vacant Land (Water Only Prorated at 60%, Sewer Prorated at 40%) ........ $50 per parcel Water Only (subsidiary apartments are a separate unit) .................... $216.00 PER UNIT Sewer Only (subsidiary apartments are a separate unit) .................... $144.00 PER UNIT Commercial Water/Sewer Rates Water & Sewer (minimum $360) .......... .... $125.00 plus 6.25 mills of assessed property value Water Only (minimum $216) .............................. 60% of Total Water/Sewer Rates levied Sewer Only (minimum $144) ............................... 40% of Total Water/Sewer Rates levied Hospital and Long-Term Care Facility and other institutions................................................. $125.00 plus 6.25 mills of assessed property value, maximum of $230,000 per property Vacant Provincial Government Health Care facilities, former Hr. Lodge & Interfaith Homes............................................................................... $1,000 per property Schools ............................................. $125.00 plus 6.25 mills of assessed property value Colleges (Provincial Government and Private) .......... $125.00 plus 6.25 mills of assessed property value Minimum Commercial water and sewer tax ............................................................... $360 Minimum Commercial Vacant Land Water and Sewer Tax ...................... $250 per parcel Business Tax Rates All businesses subject to the taxation under the Taxation of Utilities and Cable Television Companies Act .......................... 2.5% of gross revenue 2 2026 Municipal Tax Structure 2026 MUNICIPAL TAX STRUCTURE Assessed value equal to or less than $18,182 .... Base Amount of $200 plus 0.00001% mills of assessed property value and includes businesses with no fixed place of address Assessed value of greater than $18,182 includes the following rates: Financial Institutions .. Base amount of $1.00 plus 100 mills of assessed property value Business Operating in Tax Exempt buildings ...... Base amount of $1.00 plus 20 mills of assessed property value Medical, Professional . Base amount of $1.00 plus 20 mills of assessed property value (ie. Vets, Lawyers, Physiotherapists, Chiropractors, Para-Legal, etc.) Car Dealerships, Real Estate Offices, Travel Agencies, Radio Stations, Newspapers, Insurance Companies ........Base amount of $1.00 plus 15 mills of assessment property value Department Stores ... Base amount of $1.00 plus 13.5 mills of assessed property value Oil and Bulk Fuel Storage ..... Base amount of $1.00 plus 20 mills of assessed property value All other types of business .... Base amount of $1.00 plus 11 mills of assessed property value Mobile Vendors and Vendor Stands ........... $20per day/$200per quarter/$400 per year Simple Interest.........................................................................8.5% per annum (Charged monthly on unpaid balances after due date for taxes - February 27, 2026) Taxes are due and payable by February 27, 2026. Council reserves the right to take action on all taxes not paid by February 27, 2026.