Town Office: (709) 589-2503

Tax Structure

Property taxes are one of the ways the Town of Upper Island Cove collects revenue to pay for town services.

These services include:
  •  – Public safety
  •  – Road maintenance and waste collection
  •  – Parks and recreation facilities
  •  – Fire services.

Property Tax

Property Tax .0056 mils
Minimum Tax $425.00 per year

Business Tax

Utilities & Cable Companies 2.5% of gross revenue
Medical 8 mils
Gas Bars, Appliance/Dumpster Rental/Equip Rental 8 mils
Drug Store 12 mils
All others 17 mils
Construction with no fixed place $300.00 per year
Rental Homes $150.00 per year
Minimum Business Tax $150.00 per year
Business with no fixed place ½ of 1% of gross revenue in preceding year

Water & Sewer Rates

Residential $375.00 per year
Residential (Water Only) $187.50 per year
Residential (Sewer Only) $187.50 per year
Schools (Public) $375.00 plus 3 mills assessed value
Government Building(s) $375.00 plus 10.25 mils assessed value
Commercial $212.50 - $1000.00 per year

Waste Management Fee

Residential $30.00 per household
Commercial $100.00 – $300.00

Connection Fees

Water (only) $50.00 plus other costs
Sewer (only) $50.00 plus other costs
Estimate to service property provided upon request.

Permits

Building (Residential) .05 cents per sq. foot of main floor space (basement excluded) Minimum $10.00
Commercial (New or Extension) $50.00 up to $100,000.00 project value or .001% of project value over $100,000.00
Building (Shed/ Private Garage, Etc.) $10.00 - 120 sq. ft. or less .05 cents per sq. ft. over 120 sq.ft.
Drug Store 12 mils
All others 17 mils
Construction with no fixed place $300.00 per year
General Permits No Charge
Tax Certificates $75.00
Mobile Canteen License Fee $150.00
Turn off/on water (after normal working hours) $50.00
Processing Fee Crown Land Application $25.00