Your property tax bills have three components:
- Education taxes
- County of Peterborough taxes
- Township taxes
The Province of Ontario sets the education portion of taxes which helps to pay for local schools.
The County of Peterborough sets their tax rate based on their budget. The County provides important services such as recycling collection, road maintenance of County roads, the Peterborough County/City Paramedics (PCCP), and more.
The Township sets the current year tax rates based on the approved annual budget.
Township taxes are used to fund services such as:
- Fire, Police and Emergency Services
- Libraries
- Parks and Recreation
- Planning and Economic Development
- Property Standards and By-Law Enforcement
- Public Works and Road Maintenance
- Waste Management (garbage collection is a user pay system in OSM Township)
Note: The Building Department is funded through building permit fees.
Please see our annual budget information for more information about how property taxes are used to fund these essential services.