Finance and Taxes

Finance and Taxes

 

Statement of the Treasurer

Please click here to view.

If you have questions regarding property taxes, chances are the answers can be found on this page. Any questions that are not answered within these pages, please feel free to contact the Tax Department.

On this Page:

 

2017 Budget Presentation

Please click here to view the 2017 Budget Presentation.

2015 Budget Summary

Please click here to view the 2015 Budget Summary.

2015 Budget Presentation

Please click here to view the 2015 Budget Presentation.

2014 Budget Presentation

Please click here to view the 2014 Budget Presentation.

 

Tax Rate By-law 

To view 2014 Tax Rate By-law please click here.

Audited Financial Statements

To View 2013 please click here

To view 2012 please click here
 

Financial Information Returns

To view 2012 please click here

To view 2011 please click here

Financial Highlights

To view 2013 please click here

To view 2012 please click here

To view 2011 please Click Here

Audit Questionnaires

To view 2012 please click here

To view 2011 please click here

How do property taxes work?

Clipart of calculatorHave you ever wondered how taxes are calculated or where your money goes? Do you want to know how the value of your home affects your taxes? How are taxes calculated?
Taxes are calculated in the following manner:

Assessed Value of the Property x Municipal Tax Rate

plus

Assessed Value of the Property x Education Tax Rate

plus

Assessed Value of the Property x County Tax Rate

Equals your tax total bill

 

Who sets the tax rates?

The municipal tax rate is determined by Township Council. The tax rates must be established by by-law. The tax rate is usually set in conjunction with the adoption of the municipal budget.
 

How does my assessment affect my taxes?

Your property taxes are related directly to the assessed value of your property. The higher your assessment the higher your property taxes will be.
 

The Municipal Property Assessment Corporation (MPAC)

The assessed value of your property is determined by the Municipal Property Assessment Corporation (MPAC). MPAC sets the values for all properties in the province of Ontario by taking into consideration the selling value of residential property, the rental income generated by an office building, or the replacement value of an industrial property.

To better understand the criteria used by MPAC to determine the value of your property, check out their website at www.mpac.ca, or phone 1-866-296-6722.
 

What is the County Levy?

The County portion of your tax bill represents levies made by the Counties to pay for such things as County Road maintenance, Health Unit and Ambulance, as well as Social Services. The County rate is determined by County Council. For more information regarding this process, please contact the United Counties of Leeds & Grenville at 613-342-3840 or visit them on the web at http://www.leedsgrenville.com/en/
 

What is the School Board Levy?

Picture of random school childrenThe school board portion of your tax bill represents funds that are ear-marked for education purposes. You have the option of stipulating whether your contribution is made to the English Public School Board, French Public School Board or the English Separate School Board and French Separate School Board.
 

I don't have children - why do I pay school taxes?

We all benefit from public education at some point in our lives. Whether you have children or not we must all work together to ensure that the funds that which were available when you were a child continue to exist for the children of future generations.
 

What are tax classes?

Tax classes are determined by the Municipal Property Assessment Corporation (MPAC), the same entity that determines the value of your property. Different classes are taxed at different rates, for example Commercial/Industrial and Multi-Residential classed properties are taxed at a higher rate than Residential tax classes.
 

Can a property consist of more than one tax class?

Yes. A portion of a property can be taxed commercial while the majority of the property is taxed residential. As the Township bills by class, this means that a person who owns property that consists of more than one tax class will receive more than one tax bill. For example they will receive a bill for the residential portion of their property in addition to a bill for the commercial/industrial portion.
 

How often are we billed?

Taxes are billed twice a year. The first billing, called the Interim Bill, is sent out in February with a due date in March. The interim bill represents 50% of your previous year's taxes.

The Final Billing is mailed out in late spring or summer of each year. Unlike the Interim billing the final bill consists of two installments (two separate due dates). The final bill reflects any change in the tax rate. Due dates are usually in August and September.  Commercial properties have only one final billing due date, in September.

Pre-Authorized Payment Plans

The Township offers several convenient payment plans.  The primary benefit of these plans is that tax payments are directly withdrawn from your bank account and that bills can be divided into easy monthly payments.  To find out more about our payment plans click here

Where/how can I make my payments?

You have several options open to you when making your tax payments:

Payments Via Mail
Mail your cheque to the Main Administration Office at 6544 New Dublin Rd, RR 2, Addison, ON K0E 1A0. Don't forget to include the detachable stub from your bill.

Township Offices
Cash or cheque payments can be brought to either municipal office - 6544 New Dublin Rd or 424 Hwy 29. Interac payments are accepted at the Main Administration Office on New Dublin Rd. A secure after hours drop slot is available at the New Dublin Office.

Financial Institutions
Payments are accepted at most financial institutions provided you have your bill with you. To ensure that your payment will be accepted contact the financial institution directly.

Telephone Banking
Clipart of telephoneThe Township of Elizabethtown-Kitley can be added to your telephone banking provided that you have arranged for this service with your financial institution.

Internet Banking
Clipart of computersLike Telephone banking, web banking can be used for tax payments, provided you have arranged for this service with your financial institution. Please use your account number (ex. 00056387) when adding the Township to your web banking service.

Pre-Authorized Payment Plans
The Township offers several convenient payment plans. The primary benefit of these plans is that tax payments are directly withdrawn from your bank account and that bills can be divided into easy monthly payments. To find out more about our payment plans click here.
 

What are the penalties for late payments?

Interest in the amount of 1.25% is calculated on the arrears and is added at the start of each month.

Interest is calculated on arrears only. For example, if you have a tax bill due July 22nd in the amount of $500 and you fail to make the payment, then $6.25 will be added as interest at the start of August. If you fail to settle the bill in August, at the start of September another $6.25 will be added.
 

How are payments applied when there are arrears?

If you have outstanding taxes, and outstanding interest the payment is first applied to the interest and then to the arrears.

Using our example above, if you make a payment of $500 in October, $12.50 of your payment will immediately go toward the interest for September and October. This leaves $487.50 to be put toward your taxes. The remaining amount left over - $12.50 - will continue to gather penalties of $0.16 per month until the outstanding taxes and interest are cleared up.
 

My mortgage is paid off - how do I redirect my tax bill?

Many people have their taxes paid through their mortgage company. When you have paid off your mortgage, or have changed mortgage companies, we must receive notice from the mortgage company that they no longer have an interest in the property. This information can take several months to reach us.

If you are making changes near a tax due date, it is best to contact the office to inquire as to whether or not we have received such notification. Inquires can be made at 613-345-7480 or 1-800-492-3175 (within the 613 area code).
 

I have sold my property - what happens to the tax bill?

We have moved picture with moving truckWith most real estate transactions, the purchaser's lawyer will notify the Township Office that the property has been sold, and will provide updated ownership information, including where to direct the tax bill.

Unfortunately this process can take some time. If you are selling your property close to a tax due date you might want contact the Township directly to ensure that the tax bill is forwarded to the appropriate person.
 

Is my property eligible for a vacancy tax rebate?

Commercial or industrial properties that have been vacant for 90 consecutive days may apply for a Rebate of Property Taxes. The deadline for submitting the forms falls on February 28 of the year following the taxation year to which the application relates.

Forms are available at the main administration office located at 6544 New Dublin Road, RR 2, Addison, ON K0E 1A0. The form can also be downloaded by clicking here.

Contact Us

Who?
Director of Finance/Treasurer Diane Gordon
Deputy Treasurer Stephen Lunn

Where?
In Person or In Writing: 
6544 New Dublin Road
RR 2 Addison
ON K0E 1A0

Phone: 
613-345-7480 or 1-800-492-3175 (within the 613 area code)

Fax:
613-345-7235

Email:
mail@elizabethtown-kitley.on.ca

Township of Elizabethtown-Kitley, 6544 New Dublin Rd, RR 2  Addison, ON, K0E 1A0
Tel. 613-345-7480 or 1-800-492-3175, Fax. 613-345-7235, Email: mail@elizabethtown-kitley.on.ca

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