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.
View the video below to learn more about how Newmarket develops its budget.