How is my property tax rate calculated?
Township of Huron-Kinloss proposes a budget and municipal tax rate to Council each year. The tax rate proposed to Council covers the required
income for operating and capital expenses that will be incurred that year. For
example; the cost to operate the Ripley-Huron Community Centre or the cost to
purchase a new snow plow. Many capital expenses are also funded through reserves
(like a savings account that Council has been putting money into with the
understanding that infrastructure and equipment will need to be upgraded in the
future) and through grants.
The Treasurer examines every
department’s budget proposals and develops a proposed tax rate by dividing
the total net requirement for annual operating and capital expenditures by the
total weighted assessment for all taxable properties. Every property in
Huron-Kinloss is assessed through MPAC (Municipal Property Assessment Corporation);
how much property tax each property owner is charged is based on their MPAC
I heard a rumour that farmers don't pay property taxes, is this true?
No, farmers are responsible for payment of property taxes based on the assessed value of their property; just like everyone else.
However, farms may qualify for the Farm Property Class Tax Rate Program, where workable farmland is taxed at no more than 25% of the residential property tax rate. It is important to note though, that one acre of their property that includes their residence is taxed at the regular residential tax rate. Eligibility for the Farm Property Class Tax Rate Program is determined by Agricorp.
The word around town is that not all property owners in Huron-Kinloss pay the same property tax rate, is this true?
All owners of
property in the Township of Huron-Kinloss are responsible for paying property
taxes for municipal, county and education purposes based on the taxable
assessment of their property and the applicable property tax rate, which varies
by classification and use. The main property classes are: residential,
multi-residential, commercial, industrial, pipe line, farm and managed forests.
What is this recreation agreement with the Municipality of Kincardine that I keep hearing about?
The Township of Huron-Kinloss contributes financially towards recreation services offered by the Municipality of Kincardine so that Huron-Kinloss residents are afforded the same access to recreation programs as Kincardine residents.
The current agreement expires in 2019 and is in the process of being renegotiated.
Is a sanitary system being installed along the Lakeshore in Huron-Kinloss?
Good question! While this was once considered, many moons ago, it is not even a proposal on the table at this time. The Township has been working hard with our friends at BM Ross to ensure the septic systems along the lakeshore are in good working order and don't pose any risks to our residents, visitors and environment. If you want to know more about our Community Septic Inspection program, visit our website.