Budgets and Finances


Municipal Office

395 Mulock Drive P.O. Box 328 Station Main, Newmarket, Ontario
L3Y 4X7

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Budget and Finances ​

​The Town of Newmarket is committed​ to a responsible and balanced approach to budgeting and managing municipal finances. The Town's approach is to continue to provide top quality services and affordable property taxes, while meeting the needs of a growing community and planning for the future. With a stable reserve fund and decreasing debt, Newmarket has a healthy financial scorecard. 

Final Property Tax Bills 

Final property tax bills for residents will be mailed out by mid-July. The next three instalments will be due on:

  • August 26

  • September 23

  • October 27

Final property tax bills for businesses will be mailed out by the end of July with due dates set accordingly

Please note, due dates for the regular instalments as well as the monthly pre-authorized payment plans have been slightly altered for the 2020 caledar year only. This is in keeping with our COVID-19 Financial Relief Program. For more information, email taxes@newmarket.ca. View the 2020 Tax Rates

For more information, please visit the property taxes webpage

View the video below to learn more about how Newmarket develop​s its budget.