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# Tax Rates & Calculations
In the Township of Lake of Bays, your property taxes are based on the property assessment value of the home, cottage or vacant land you own. This value is set by the Municipal Property Assessment Corporation (MPAC). The Province of Ontario, the District of Muskoka and the Township of Lake of Bays all receive a portion of your tax dollars to support the services they are responsible for providing.
The Province of Ontario's share is remitted to the local school boards you support. You can change your school support designation through MPAC. Learn more on our School Board Support Designation page.
Where do Your Property Tax Dollars Go?
## Tax Rates
Previous years' municipal property tax rates are available below;
* 2026 Tax Rates
* 2025 Tax Rates
* 2024 Tax Rates
Contact Us
**Property Taxes**
**Township of Lake of Bays**
1012 Dwight Beach Rd
Dwight, ON P0A1H0
Phone: **(705) 635-2272** ext. **1232**Toll-free: **1-877-566-0005
Email us**