Mil rates have only been used by the City of St. John's since 1982.

A mil rate is the method used to determine the taxes that are to be paid on a property.

For example: A residential property that has been assessed at $225,000 in 2017 is taxed at a residential mil rate of 7.3 mils. To determine the amount of property tax that is paid on that house, you multiply the assessed value by the mil rate (i.e. $225,000 x .0073 = $1642.50). This is the Realty Tax portion of the total tax payable. Add a water tax of $580 (single family dwelling) and the total tax payable for this property in 2017 is $2,222.50.
 

                                                     
If you would like further information, please contact the City of St. John's Department of Financial Management by
emailing finance@stjohns.ca.