Tax Rates
Property taxes are the main source of revenue to provide services delivered by the Township of Otonabee-South Monaghan (OSM). In addition to collecting taxes for its own purposes, the township is also responsible for levying and collecting taxes on behalf of the County of Peterborough as well as the Province of Ontario.
If you have not received your tax bill by the 1st of February (Interim Tax Notice) or the 1st of July (Final Tax Notice), please contact our office at 705-295-6852.
Municipal Property Assessment Corporation (MPAC) Information
2020 Assessment Update Postponement
Interim and Final Tax Due Dates
Property owners typically receive two tax bills from the Township each year.
Interim tax bills represent fifty percent (50%) of the previous year’s total taxes and are due on the last Friday of the month in February and April.
Final tax bills represent the balance of the annual year’s taxes and are due on the last Friday of July and September.
Supplementary Tax Bills
Supplementary tax bills are generated as a result of a change to your property during the taxation year.
These changes can include, but are not limited to: new residential homes, new commercial, residential or multi-residential units, changes in tax classes, additions or renovations to buildings and previously exempt properties that become taxable.
These bills follow the Property Assessment Change Notice issued by the Municipal Property Assessment Corporation (MPAC).
MPAC is responsible for assessing the properties and forwarding the information to the Municipality for billing.
In some cases, these bills can span more than one year depending on the information gathered by MPAC.
Supplementary tax bills are in addition to any other tax bills that have been issued.
Each bill includes the effective date and reason for change. They are due in one instalment and notice is provided at least 21 days before the payment is due.
Tax Rates
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BYLAW 2021-24 |
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SCHEDULE A |
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2021 TAX RATES |
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Municipal |
County |
Education |
Total |
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Property Class |
Rate |
Rate |
Rate |
Rate |
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(010) & (020) |
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Residential/Farm (RT) |
0.00579200 |
0.00357389 |
0.00153000 |
0.01089589 |
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New Multi-Residential (NT) |
0.00579200 |
0.00357389 |
0.00153000 |
0.01089589 |
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Multi-Residential (MT) |
0.01031092 |
0.00636222 |
0.00153000 |
0.01820314 |
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Commercial Occupied (CT) |
0.00636309 |
0.00392627 |
0.00980000 |
0.02008936 |
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Commercial Excess (CU) |
0.00445416 |
0.00274839 |
0.00980000 |
0.01700255 |
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Commercial Vacant Land (CX) |
0.00445416 |
0.00274839 |
0.00980000 |
0.01700255 |
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Commercial New (XT) |
0.00636309 |
0.00392627 |
0.00980000 |
0.02008936 |
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Commercial Excess New (XU) |
0.00445416 |
0.00274839 |
0.00980000 |
0.01700255 |
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Commercial Vacant New (XX) |
0.00445416 |
0.00274839 |
0.00980000 |
0.01700255 |
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Industrial Occupied (IT) |
0.00893821 |
0.00551521 |
0.01250000 |
0.02695342 |
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Industrial Excess (IU) |
0.00580984 |
0.00358489 |
0.01250000 |
0.02189473 |
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Industrial Vacant Land (IX) |
0.00580984 |
0.00358489 |
0.01250000 |
0.02189473 |
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Industrial New (JT) |
0.00893821 |
0.00551521 |
0.00980000 |
0.02425342 |
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Industrial Excess New (JU) |
0.00580984 |
0.00358489 |
0.00980000 |
0.01919473 |
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Industrial Vacant New (JX) |
0.00580984 |
0.00358489 |
0.00980000 |
0.01919473 |
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Landfill (HF) |
0.00584992 |
0.00360962 |
0.00980000 |
0.01925954 |
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Pipeline (PT) |
0.00543637 |
0.00335445 |
0.00980000 |
0.01859082 |
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Farmlands (FT) |
0.00144800 |
0.00089347 |
0.00038250 |
0.00272397 |
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Managed Forest (TT) |
0.00144800 |
0.00089347 |
0.00038250 |
0.00272397 |
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Commercial On-Farm Business (C7) |
0.00636309 |
0.00392627 |
0.00220000 |
0.01248936 |
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Industrial On-Farm Business (J7) |
0.00893821 |
0.00551521 |
0.00220000 |
0.01665342 |
There are additional charges for services that are added to your tax bill. Taxes are multiplied by the assessment of your property.
Additional charges
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Annual Service |
2021 Fee |
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Curbside garbage collection (per household/unit) |
$49.50 |
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Municipal water (per household in Keene Heights subdivision in Keene, and Crystal Waters and Elgeti subdivisions in Stewart Hall) |
$2,156 (expected to increase 4% each year), plus $112 if you have a swimming pool |
Street Light charges
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Property Location or Type |
Fee |
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Bailieboro |
$62.18 |
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Burnham Meadows |
$25.00 |
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Commercial |
$65.01 |
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Elgeti |
$18.45 |
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Keene Heights |
$44.19 |
Sewer charges
2020 sewer rates for Burnham Meadows are $1,053