There are 2 principle factors that determine the amount of property tax.
1. Assessment - Market Value of your property based on 2 years prior. The assessment is determined by the Provincial Assessment Office.
2. Mill Rate - Determined by the Rural Municipality when the current year's budget is developed.
Questions about your assessment?
The Provincial Assessment Office is responsible for determining assessments on properties.
Municipal Budget
Each year Council for the Municipality develops a budget which outlines the financial plan for the current year. This budget is derived from costs of running the municipality and is divided into the municipalities assessment which generates a mill rate. The mill rate is then applied against the assessment for each individual property which determines the level of tax to be levied on each property.
School Taxes
Each individual School Division determines their own mill rate that they will charge property owners. The Municipality is responsible for collecting this money and then remitting it to the School Division in accordance with provincial legislation. For questions regarding school taxes contact your local school division office.
Farmland School Tax Rebate
The Province has provided a program which rebates to the property owner a certain percentage of school tax that is paid on farmland. Rebate forms are mailed out to property owners.
Process:
Property taxes must be paid in full
Municipal office signs the rebate form indicating payment has been received OR copy of the receipt for tax payment is submitted with the rebate form.
Completed form & receipt is submitted to MASC or the MB Agriculture Office.
If approved, the rebate will be mailed out to property owner.
Homeowners Tax Assistance Credit
Effective for the 2019 tax year, the calculation of the Manitoba Education Property Tax Credit (EPTC) with be based on school taxes and the credit will no longer offset municipal property tax. In addition, the EPTC will offset school taxes starting with the first dollar payable. Previously, the first $250 in taxes payable were not eligible for the ETPC.
This tax credit will appear on your tax statement as a credit. If you did not receive this credit on your tax statement, contact the municipal office.
Should you have any further questions, please contact the Manitoba Tax Assistance Office at 1-204-948-2115 or toll-free at 1-800-782-0771 or Manitoba Municipal Relations at 1-204-945-2572.