The taxation year is the calendar year, January 1st – December 31st.
Assessment is the process of assigning a dollar value to a property for taxation purposes. This value is used to calculate the amount of taxes that will be charged to the owner of the property. Taxation is the process of applying a tax rate to a property’s assessed value to determine the taxes payable by the owner of the property.
An assessment is the process of placing a dollar value on a property for taxation purposes and is governed by provincial legislation. The market value is the price a property might reasonably be expected to sell for. The assessment is based on the previous years’ July market value.
Private appraisers, acting on behalf of financial institutions or agencies, evaluate property according to market conditions on the day they complete the appraisal. Municipal assessors determine the property values and conditions at set dates to ensure that all municipal assessments and subsequent taxation have a fair and equal base.
In order to calculate your property taxes we do the following:
Assessed Value X Mill Rate / 1000 = Property Taxes
The due date for tax payments is 30 days from the date of mailing.
Payment can be made by (cheque, money order, cash or debit card) at the Town of Beaumont Administration Office during business hours (Monday through Friday, 8:30 a.m. to 4:30 p.m.), deposited in the night mail slot (no cash please) located at the main entrance, at any Canadian financial institution, by tele-pay and via the internet. If you choose to mail your payment, the envelope must be postmarked no later than the indicated due date and the remittance portion of your notice must accompany the payment.
Contact your assessor to review your assessment. If the assessor agrees that the original notice is not accurate, a corrected notice may be issued. If the assessor and the property owner cannot come to an agreement, the property owner may begin the formal complaint process. The complaint must be filed in writing to the Municipal Clerk on or before the deadline shown on the assessment notice. The complaint must include:
The Town of Beaumont has passed a bylaw that allows it to assess improvements added to land after the December 31st condition date, and collect property taxes on them for a portion of the current year. To do this, the assessor must determine the value of the new improvements added since December 31st of the previous year. Property taxes based on the supplementary assessment are pro-rated to reflect only the portion of the year the new improvement is completed, occupied, or in operation in the municipality.