Property Tax & Assessment
The municipal taxes are billed in two separate billings throughout the year. Each bill is divided into two installments.
The Municipality of Markstay-Warren establishes taxation levies based on the MPAC assessments.
The budget By-LawThis link opens in a new window for the year being considered for the specific rates.
Billing
- Billing Cycle: Four (4) per year.
- Typical Interim billing: February and March (may vary slightly)
- Interim bill amount: 50% of the previous year’s annualized taxes for your property
- Final Billing: July and August
- inal bill amount: Will reflect any increase/decrease in your assessment for the taxation year.
Method of Payment
Pre-Authorized Payment Plan (PAP). (on the 10th or the 20th of each month) Pre-authorized Payment Plan FormThis link opens in a new window
- Cash
- Cheque
- Debit
- Online
- TelPay
Should you have any questions about your tax bill, please contact our office Tax Clerk.
Tax Calculation involves the following:
Tax Residential Rate + Education Rate + OPP fee per property.
- The Residential Tax Rate is the ONLY rate municipalities have control over BUT it is based on MPAC property assessments which municipalities have NO control over.
- For the purpose of the calculation below, both tax rates (residential and education) have been combined to give you the result in the calculation below.
- The OPP fee is a FLAT fee collected by the municipality for fees charged by the OPP. For 2022, this fee has been determined BY OPP to be $319.39 per property.
- When taking into account the calculation below based on your property value, you MUST add the OPP fee to get the FULL amount payable to Markstay-Warren.
Example:
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- MPAC Assessed Residential Property Value: $100,000;
- The calculator below gives the amount for Municipal and Education taxes which is $1,404.39;
- Taking into account the OPP flat fee per property of $319.39;
- The Total amount payable to Markstay-Warren is $1,404.39 + $319.39 = $1,723.78 for 2022 taxation.
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