2026 Tax Rates (Amended 2026-05-26)

Fogo Island, Newfoundland and Labrador · adopted 2026-05-26

This is the exact embedded text of the captured official document. Snapshot b6c0d471556d · verified 2026-06-05 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

2026 Tax Rates Residential Property Tax: 6.5 mils, base amount $340 plus .00001% of assessed value Commercial Property Tax: 6.75 mils, base amount $415 plus .00001% of assessed value Non-Residential - Small Structure Property Tax: 7.75 mils, base amount $100 plus .00001% of assessed value Vacant Land Property Tax : 7.75 mils, base amount $190.00 plus .00001% of assessed value Business Tax Rate: base amount $310 per business plus 0.00001% of assessed value Class mil Rate: 11 mils Accommodations 1- B & B's, Air B & B's, Boarding Homes, Vacation Home Rentals, Efficiency Units, Campgrounds 15 mils Accommodations 2 - Hotels, Motels, Inns, Personal Care Homes, Other Fishers 20 mils Personal and Consumer Services - Crafts/Arts/Textiles, Museums, Consumer Services, Hairdressers, Taxation Office, Personal Services, Daycares, Dental 24 mills Taxis, Boat Tours, Bus Companies 25 mils Food/Beverage Services - Restaurant, Take out, Grill, Bars, Lounges, Cafeteria, Bakeries, Coffee Shop, Ice Cream Shop, Mobile Food Services 29 mils Hydroponic Farming 29 mils Fish Processors 33 mils Retail - Hardware, General Stores, Furniture/Clothing, Pharmacies, Convenience Store, Grocery Store, Convenience Store & Gas Bar; Service Station/Auto Repair 47 mils Construction Companies, Small manufacturing, Freight Companies, Contractors & Road Transport, Funeral Homes, Electrical Contractors, Plumbing & Heating 56 mils Utilities - Propane Services, Oil Delivery Companies 119 mils Oil Company - Tank Farm 232 mils Banks Business with no fixed address: 2.5% Gross Revenue Utility Tax: 2.5% Gross Revenue Peddlers: $20 per day / $125 per Season Direct Sellers: $25 - Consultants/Representative's such as Tupperware, Mary Kay, Avon, Scentsy, etc. Small Home-Based Business ➢ Base business tax of $25, maximum of $400, plus .00001% of assessed value or 2.5% of Gross Revenue. ➢ Individuals are asked to please advise the Town of your Gross Sales, and your appropriate taxes will be applied. ➢ A small Home-based business is defined as an undertaking supplying a product or service for a fee, on a continual or ongoing basis, that has not or cannot be assessed under the Municipal Assessment Agency. Residential Water/ Sewer Tax: $410.00 per Unit i) Water only, 60% of rate ii) Sewer only 40% of rate iii) Churches, Church Halls & Lion's Club iv) Subsidiary Apartments $410.00 per year v) Apartment Bldgs. Up to 20 units $410.00 per unit vi) Cottages & vacation homes - Residential rates vii) B & B's and Vacation Rental Properties - $410.00 per year for first three (3) rooms, $130 per every additional room thereafter. Commercial Water/Sewer Tax i) Basic: $460.00 per unit per year ii) Water only 60% of rate iii) Sewer only 40% of rate iv) Senior Care residences $460.00 per 4 restrooms v) Efficiency units $460.00 per year for first unit, every additional unit $140 per unit vi) Hotels & Motels $6,000.00 per year vii) Fish Processors: $110,000.00 per year viii) Fish offloading facilities: $3,000.00 per year Residential 10% Property Tax Discount: a) All prior year's taxes, including Water and Sewer Tax must be paid in full. b) As per the Towns and Local Service District Act 112 (1) (a) Current property taxes must be paid on or before March 31st of current tax year. c) Applies to one property within the Town and will apply to all residents (permanent and seasonal). d) Will not apply to residential properties that are used for rentals or nightly rentals. Permit Fees: a) Residential Permit - New Construction or Moved to new lot $150 b) Residential Shed, Fence, Deck $25 c) Renovations/Extension $25 d) Demolition Permit - Residential or Commercial $25 e) Commercial Permit - New Construction or Moved to new lot $250 Minimum, plus $5 per $1,000 of construction value f) Commercial Permit - Renovations/Extension/Fencing $100 Minimum, plus $5 per $1,000 of construction value g) Ditching and Relocation and hard surfacing of driveways $25 h) Landscaping $25 i) Curb Stop Installation: $100 j) Permit to Operate $50 Curb Stop Fees: a) During Business Hours $50 b) After Business Hours and Holidays $100 Fire Inspection's - Commercial $300 - Residential $100 Cutting of Pavement (Town Roads) Cost Recovery Other Fees and Charges: ➢ All other fees remain unchanged or at cost recovery and are subject to change within the year. ➢ All taxes and fees are due and payable in full by May 31st. ➢ 1% Interest (Simple) will be applied monthly to outstanding balances as of May 31st, 2026 1. Approval of Amended 2026 Tax Structure ➢ The 2026 Ta Structure has been amended to adhere to the Towns and Local Service District Act that requires real property tax rates be set as a base amount plus a percentage of the assessed value of the property 2026-151 L. Roebotham/Payne Resolved that Council approve the following amendment to 2026 Tax Rates: Remove: Simple Interest at the rate 1% Replace with 1% interest (Simple) will be applied monthly to outstanding balances as of May 31st, 2026. Resolution Carried. In favour - 7. Mayor Shea, Deputy Mayor Roebotham, Councilor Holmes, Councilor McKenna, Councilor Payne, Councilor Roebotham and Councilor Warren. Against - 0.