Property Tax Rates

 

Residential mill rates 2025 2024 2023 2022 2021 2020
Municipal 6.5781 6.6398 6.4992 6.590 6.6715 6.3141
Meridian *See distribution below *See distribution below 0.0672 0.0673 0.053 0.0522
Meridian (Operating) 0.0712 0.0742 N/A N/A N/A N/A
Meridian (Capital) 0.0262 0.0315 N/A N/A N/A N/A
Education 2.5205 2.4165 2.3679 2.473 2.6727 2.5860
Leisure centre debenture N/A N/A N/A N/A 0.0536 0.0518
TOTALS 9.1960 9.1620 8.9343 9.1303  9.4508 9.0041

* In 2024, the Meridian Housing Requisition was split into two tax rates: Operating and Capital.

 

Non-residential mill rates 2025 2024 2023 2022 2021 2020
Municipal 10.7486 10.4643 9.8658 9.6214 9.3951 8.7179
Meridian *See distribution below *See distribution below 0.0672 0.0673 0.053 0.0522
Meridian (Operating) 0.0712 0.0742 N/A N/A N/A N/A
Meridian (Capital) 0.0262 0.0315 N/A N/A N/A N/A
Education 3.8448 3.5448 3.4092 3.8237 3.8774 3.7620
Leisure centre debenture N/A N/A N/A N/A 0.0536 0.0518
TOTALS 14.6908 14.1148 13.3422 13.5124 13.3791 12.5839

* In 2024, the Meridian Housing Requisition was split into two tax rates: Operating and Capital.

 

Multi-family mill rates 2025 2024 2023 2022 2021 2020
Municipal 9.2093 9.2957 9.0989 9.226 9.3615 8.7179
Meridian *See distribution below *See distribution below  0.0672 0.0673 0.053 0.0522
Meridian (Operating) 0.0712 0.0742 N/A N/A N/A N/A
Meridian (Capital) 0.0262 0.0315 N/A N/A N/A N/A
Education 2.5205 2.4165 2.3679 2.473 2.6727 2.5860
Leisure centre debenture N/A N/A N/A N/A 0.0536 0.0518
TOTALS 11.8272 11.8179 11.5340 11.7663 12.1408 11.4079

* In 2024, the Meridian Housing Requisition was split into two tax rates: Operating and Capital.

 

Annexed residential 2025 2024 2023 2022 2021 2020
Municipal 4.4605 4.4002 4.3093 4.2133 4.2229 4.1383
Meridian *See distribution below *See distribution below 0.0672 0.0673 0.053 0.0522
Meridian (Operating) 0.0712 0.0742 N/A N/A N/A N/A
Meridian (Capital) 0.0262 0.0315 N/A N/A N/A N/A
Education 2.5205 2.4165 2.3679 2.473 2.6727 2.586
Leisure centre debenture N/A N/A N/A N/A N/A N/A
TOTALS 7.0784 6.9224 6.7444 6.7536 6.9486 6.7765

* In 2024, the Meridian Housing Requisition was split into two tax rates: Operating and Capital.

 

Annexed non-residential 2025 2024 2023 2022 2021 2020
Municipal 9.2772 8.9763 8.6184 8.4266 8.4455 8.2765
Meridian *See distribution below *See distribution below 0.0672 0.0673 0.0522 0.05
Meridian (Operating) 0.0712 0.0742 N/A N/A N/A N/A
Meridian (Capital) 0.0262 0.0315 N/A N/A N/A N/A
Education 3.8448 3.5448 3.4092 3.8237 3.8774 3.762
Leisure centre debenture N/A N/A N/A N/A N/A N/A
TOTALS 13.2194 12.6268 12.0948 12.3176 12.3759 12.0907

* In 2024, the Meridian Housing Requisition was split into two tax rates: Operating and Capital.