The amount of property tax owing on your land and/or building is the result of a calculation based on four factors:
Property tax, in the City of St. Thomas is generally billed twice a year. There are four due dates, on the last business day of February, April, July and October. However, this may change.
The amount owing in February and April is charged on the Interim Billing. The Interim billing is an amount equal to 50% of the previous year’s property tax.
The amount owing in July and October is charged on the Final Billing. This Final Billing reflects the new tax rate determined by City Council in support of its annual budget, less the amount billed on the Interim. "Please retain this final bill for income tax purposes. Reprints may be obtained by the property owner and will be subject to a $5.00 fee."
A Supplementary (or Additional) tax bill may be issued as we receive information that changes the assessed value or the tax class of a property. The most common example of this is the completed building of a new home. The taxes billed prior to the building of the home are generally for the land only. When the home is complete, and we are advised of the assessed value, a ‘supplementary’ tax bill will be created to reflect the amount of taxes due for the ‘house’ portion of the property. A supplementary tax bill is usually due in one installment, 21 days after the generation of the bill. Future tax bills will be issued as above.
2012 Tax Rates
Please make cheques payable to the City of St. Thomas.
In general, Commercial and/or Industrial Ratepayers may make application to the City for the pro-rated Rebate of Property Taxes if all or a portion of their business property was vacant or unused for 90 consecutive days or more. Eligible properties are properties that are otherwise taxed as fully occupied – indicated by a CT, ST, IT and LT tax class on the assessment roll. Refer to your tax bill to verify the tax class of your property.
Applications must be made annually for a vacancy in the previous tax year. These applications must be received by the Treasury Department at City Hall by February 28 (or February 29 in a leap year). The rebate will be processed by June 30.
Optionally, an Interim application may be made by July 31 for a vacancy occurring in the first six months of the year (January 1 to June 30). An interim rebate will be processed by November 30. A final application covering the last six months of the year must then be made by February 28 (29).
Please note that Vacancy Rebates will be applied to the tax account. Therefore, if you are selling your property, it is important that the rebate is given consideration in the Statement of Adjustments your lawyer will prepare. For additional information please refer to Frequently Asked Questions.