P R E S S R E L E A S E
2010 Interim Taxation
Option for Deferral of Farmland Property Taxation
The
Council of the Municipality of Morris-Turnberry, in an effort to support
its
agricultural taxpayers, is providing the option to defer the 2010 farmland
taxation until the fall
of 2010.
The tax deferral does not include taxation on the farm residences, this part
of the taxation will continue to be collected over the regular four instalments.
The
farmland tax deferral applies to all portions of the property tax bill such as:
municipal,
county and education
taxes.
Morris-Turnberry has 1,823 properties of which approximately 879 are assessed for farmland.
The
deferral of the 2010 farmland taxation will leave approximately $398,269.29 in
the Morris-
Turnberry rural
agricultural economy until the last quarter of 2010.
Dated March 5, 2010 Mayor – Dorothy Kelly