TOWN OFFICE

Taxes:

MUNICIPAL TAXES:

Town of Kerrobert 2010 Uniform Mill Rate is 17.0 mills

Town of Kerrobert Mill Rate Factor, in accordance with Bylaw No. 790-97:

• Agrigultural    1.0000
• Commercial     1.1978
• Residential      0.7015

Town of Kerrobert Mill Rate applied for 2010 are:

• Agricultural      17.00
• Commercial       20.36
• Residential        11.93

Town of Kerrobert Special Tax for 2010 is $150.00 which will be levied against all properties with taxable assessment within the Town of Kerrobert, for the purpose of service of Doctor Retention, Doctor Recruitment and 2010 repaving project to be completed within the current year.

Town of Kerrobert Base Tax with respect to Land and/or Improvements within the Town of Kerrobert, in accordance with Bylaw No. 948-10 is as follows:

Agricultural Class:

• Land Only                             $100.00
• Improvements Only             $150.00
• Land & Improvements         $250.00

Residential Class:

• Land Only                              $550.00
• Improvements Only              $200.00
• Land & Improvements         $750.00

Commercial Class:

• Land Only                              $700.00
• Improvements Only              $200.00
• Land & Improvements         $900.00

TO CALCULATE MUNICPAL TAX LEVY:

Assessment X Mill Rate divided by 1,000 Plus applicable Base Tax and Special Tax.

SCHOOL TAXES:

Agricultural                                 7.08 mills

Residential                              10.09 mills

School Mill Rate on Commercial varies pending on assessed value.

 on the first $499,999.99         12.25 mills

 on the next $4,499,999.99      15.75 mills

on any taxable assessment over $5,999,999.99       18.55 mills