Understanding Property Taxes & School Taxes
Your property tax statement provides information on your property’s value and the taxes you owe. We’ve organized this information to help you understand how it works.
Key Dates
- Tax Year: The tax year for the RM of Reynolds runs from January 1 to December 31.
- Due Date: All taxes are due on October 31st each year.
- Tax Statements: We mail tax statements in July. If you do not receive yours by August, please contact our office.
Late Penalties
A 1.25% penalty per month is added to any outstanding tax balance on the first of every month.
Important: Failure to receive a tax bill does not excuse an owner from the responsibility of payment or from late payment penalties. If you haven’t received your bill, it is your responsibility to contact the office.
Supplementary Tax Statements
Supplementary tax statements are issued for properties with changes in assessment due to new construction or major renovations that were not included in the annual tax statement. These are typically mailed out by the end of September.
Property Ownership & Information
Understanding Your Property Assessment
Your property’s assessment is its market value as determined by the Municipal Assessment Branch. Assessment of property is governed by the Municipal Assessment Act and the Provincial Municipal assessor is responsible for the administration of the Act. This value is used to calculate the amount of property tax you pay.
Details
Calculating Property Taxes
Board of Revision
An owner of property who does not agree with the assessment may appeal the assessment to the Board of Revision, about either the amount of the assessment, the classification of the property, or the liability to taxation (i.e. claiming to be entitled to an exemption from property or school taxes).
The Board of Revision is usually comprised of the council members, but the council may appoint other persons instead.
If the taxpayer is dissatisfied with the decision of the Board of Revision, the party may appeal the amount of the assessment or the classification to the Municipal Board, or the liability to taxation to the Court of Queen’s Bench.
The Board of Revision in the RM of Reynolds is generally held in November.
2025 Tax Information
| Education Support Levy – Other | 7.117 |
| Sunrise School Division | 11.920 |
| General Municipal | 6.241 |
Reserves
| General Reserve | 0.237 |
| Drainage Reserve | 0.048 |
| Fire Equipment Reserve Fund | 0.237 |
| Lagoon Reserve | 0.048 |
| Building Reserve | 0.095 |
| General Equipment Reserve | 0.119 |
Total 2025 Mill Rates
| Residential/Farm | 7.020 |


