School Tax Rates

A single province-wide rate is set for each of the non-residential property classes. The non-residential rates for 2009, except the rate for the major industry property class, will be set so that non-residential school tax revenue will increase by inflation plus new construction. The inflation rate is the 2008 provincial inflation rate.

Residential and non-residential school tax rates are set in April when revised assessment roll values are available.

A separate residential tax rate is set for each school district according to the province's residential school tax rate formula, which has been used since 1991.

For 2009, average residential school taxes payable before application of the Home Owner Grant will increase by the 2008 provincial inflation rate.