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What is a mill rate?
The term "mill rate" can be described as the amount of tax that is paid per $1,000.00 of assessed property value. The City and school administration use the mill rate to calculate the amount of property tax that is required from each property to raise the revenue necessary to operate the City and schools for the current year.

The mill rate has two components - the municipal portion and the education portion. The municipal mill rate is established by City Council once the City of Lloydminster budget has been approved for the year. The provinces of Alberta and Saskatchewan establish uniform mill rates for education and then work together to establish a uniform education mill rate for the City of Lloydminster. Additional mill rates for special requisitions are approved on a yearly basis.

The mill rate indicates the amount of tax you will pay for every $1,000.00 of assessment placed on your property.

For example - if the mill rate (municipal and school) is 12.5 mills-for every $1,000.00 of assessment you will pay $12.50 of taxes. Therefore, if you have property assessed @ $100,000 your tax bill would be $1,250.00.

Assessment X Mill rate / 1000 = Property tax amount

Property Taxes

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1. When do I receive my tax notice?
2. What is a mill rate?
3. Is there a break for Senior’s on Property Taxes?
4. Does everyone pay school tax?
5. What is the Seamless Education Levy?
6. How do I know which school division my taxes go to?
7. What is the Capital Levy?
8. Should I pay my taxes if I have filed an assessment complaint?
9. What is a Supplementary Tax Notice?
10. Will I get taxed when I purchase a city lot in the current year?
11. What if I don't get my tax notice?
12. What if I don't pay my taxes?
13. Can I make monthly payment for my taxes?
14. Can I pay my taxes with my credit card?