Taxation
and Assessment
For
information regarding taxation, please contact the following:
Tax
and Assessment notices are prepared annually in May and are
due 30-days from date of mailing.
2010
Assessment Roll
The Town
of Beaumont has a Supplementary Assessment Bylaw in place,
which provides for a secondary assessment on properties that
had new homes constructed upon them in the current year; or,
existing residences that had improvements made to them.
- The
supplementary assessment is pro-rated based on the number
of months that the improvement has been completed or occupied
during the current year.
- The
pro-rated supplementary property assessment is used to calculate
the property tax levy. An example is:
Supplementary
Assessment Notice
| Type
of Property: |
Residential
Single Family |
Total
Assessment
|
$175,000.00
|
Less
Old Assessment Shown on Annual Tax Notice
|
$50,000.00
|
Supplementary
Assessment
|
$125,000
|
Improvement
Completed and/or Occupied on Pro-rated Supplementary Assessment
|
July
1st
|
| ($125,000.00
x 6 /12 months) |
$62,500.00
|
- The
tax levy is then applied to the pro-rated supplementary
assessment to calculate the taxes due on the supplementary
assessment.
The
Tax Instalment Program is a very popular way for residents
to pay their municipal taxes on a monthly basis.
Charts
identifying comparisons of assessments in the region are shown
on this site.
|
