This is the exact embedded text of the captured official document.
Snapshot 4a20eb94e3b3 · verified 2026-10-23 ·
original document ·
archived snapshot ·
unofficial consolidation, the official version is held by the municipal clerk.
# Tax Rates
To find out the current tax rate for your property, look at your tax bill to see what tax class you are in.
Annual taxes are calculated by multiplying the assessed value of your property by the current year Municipal tax rate. This tax rate is made up of three parts:
1. Municipality of Trent Lakes portion set yearly based on budget requirements.
2. County of Peterborough portion set yearly based on budget requirements.
3. Education portion set by the Province of Ontario.
The Municipal Property Assessment Corporation (MPAC) determines the assessed value of each property.
2026 Tax rates
| **Code** | **Tax class** | **Tax rate** |
| --- | --- | --- |
| RT | Residential | 0.01050746 |
| CT/XT | Commercial | 0.01866280 |
| CU/CX | Commercial vacant | 0.01570376 |
| IT/JT | Industrial | 0.00226545 |
| IU/IX | Industrial vacant | 0.01780478 |
| FT | Farmlands | 0.00262661 |
| TT | Managed forests | 0.00262661 |
## School tax direction designation
The school tax direction designation is located next to the tax class on your tax bill. This indicates which school board the education portion of your property taxes goes to.
School tax direction designation legend
| **Code** | **School tax direction designation** |
| --- | --- |
| EP | English-public |
| ES | English-separate |
| FP | French-public |
| FS | French-separate |
| PS | Protestant-separate |
| N | No school support (distributed between all of the school boards) |
If you would like to change your school tax designation, please complete the Application for Direction of School Support form. Submit the completed form to the Municipal Property Assessment Corporation (MPAC). For more information visit MPAC's Changing Your School Support web page.
Contact Us
**Municipality of Trent Lakes**
760 Peterborough County Road 36
Trent Lakes, ON K0M 1A0
Phone: 705-738-3800
Toll Free: 1-800-374-4009
Fax: 705-738-3801
Sign up to our Newsletter
Stay up to date on the municipality's activities, events, programs and operations by subscribing to our eNewsletters.
Sign Up Today!