Next years property tax base rates have been released to municipalities by the Province. The rates have been calculated for all cities, towns and villages in the province and are determined by a formula that uses the tax base of communities from the previous year. It also takes into account new construction and a market value increase of up-to-inflation, using the consumer price index.
Tax base information for 2010 as well as the property tax base rates as calculated by the property tax accountability mechanism can be found online at www.gnb.ca.