Municipality of Bayham

Understanding Your Tax Bill


  1. Billing Date  - The date the bill was generated
  2. Billing - The Final tax bill is mailed early August and the Interim tax bill is mailed early February
  3. Tax Class - Description - School Support 

Examples:

RTEP Residential, Taxable, English Public School Support    

FTEP Farm, Taxable, English Public School Support    

RTES Residential, Taxable, English Separate School Support

4.  Assessment - This amount is the current year assessed (market) value placed on your property as determined by the Municipal Property Assessment Corporation (MPAC).  This amount is multiplied by each of the tax rates to calculate the amounts for each of the levels of government: Municipal (Municipality of Bayham), County (County of Elgin) and Education (School Boards)

5.  Tax Rate - The rates that each government entity levy to finance their corporations

6.  Installments Due - Shows due dates and amounts owing for final installments

7.  Summary - The total year’s taxes plus special charges/credits/local improvements, less the Interim billing

8.  Summary - The total year’s taxes plus special charges/credits/local improvements, less the Interim billing

9.  Tax Stubs: (One for each installment) to be detached and included with payment.  If you require a receipt, please bring in the entire bill.  The Municipal office keeps these stubs to record your payment