Taxes

Cenotaph

The City of Peterborough is committed to providing helpful information about your property taxes.

We can help you with:

Property tax overview

As a property owner in the City of Peterborough, you pay taxes each year that fund services like:

  • public education
  • firefighting
  • local police
  • libraries
  • waste collection

Property tax calculator

You can use our online calculator to see a breakdown of your residential property taxes and where your tax dollars go.

Property Tax Calculator

For a more detailed breakdown of the municipal services you pay for as a tax payer in the City of Peterborough, please read our Budget and Finance page.

How property tax is calculated

The amount of tax payable on your property is the result of a calculation based on four factors:

  • The assessed value of your property (set by the Municipal Property Assessment Corporation)
  • The type of property you own (tax class)
  • The tax rate for your property (set annually by City Council)
  • The education tax rate for your property (set annually by the Province on Ontario)

Property taxes are calculated by multiplying the Current Value Assessment of your property by the combined municipal and education tax rates.

Name, ownership, and mailing address changes

To make a change to the name or ownership on your property tax account, the City of Peterborough requires a copy of an updated registered deed, as provided by your lawyer.

To make a change or correction to your mailing address, complete our mailing address update form.