What is Property Assessment?

Property assessment is the process of establishing a property dollar value for property tax purposes. Property tax is an “ad valorem” tax, based on the principle that the amount of tax paid should depend on the value of the property owned. Although income and sales taxes are the main sources of revenue for the provincial and federal governments, property tax remains the major source of local government revenue. Generated from within the community, property tax helps to finance such services as garbage collection, water and sewer, parks and leisure, and fire protection. All properties in Brigus, both residential and commercial, are assessed by the Municipal Assessment Agency and are based on market values. Assessments are completed every three years.

What is the relationship between Assessed Value and Municipal Taxes?

The Municipal Assessment Agency determines the fair market value of the properties in a municipality. After all real property has been assessed, Council uses this information to set the mil rate. The mil rate is then used to establish individual tax bills. The local Council sets the rate, calculates and sends out the tax bills, and collects the taxes.

When are taxes due and does interest apply?

All taxes are due by June 30 of the current year. Each year, all balances not paid in full by the stated due date are subject to interest charges. Accounts with a payment schedule, pre-authorized payments or post-dated cheques in place are not subject to interest charges.

Where can I pay my taxes?

• Tax payments can be made at the Town Hall, between 8:30 am and 4:00 pm, Monday to Thursday and 8:30 am and 5:00 pm Friday. Closed 12 pm to 1 pm for lunch.

• You can mail your payment to Town of Brigus, PO Box 220, Brigus, NL, A0A 1K0.

• Visa/MasterCard payments are accepted over the phone by calling the Town Hall. Call 709-528-4588.

• Pre-authorized debit directly from your Visa/MasterCard is also acceptable. Please contact the Town Hall to make arrangements.

• Postdated cheques.

• Payments by mortgage holder of the property.

   

  Questions?

  For information on mil rates, please view the 2018 Budget located under Town Council on the Towns Wedsite.

  For information on taxation, call the Town Hall at 709-528-4588 or e-mail brigus@eastlink.ca

  For information on assessments, visit Municipal Assessment Agency.