Bracebridge property owners can now review their 2026 tax rates, which were finalized following the approval of the annual budget by the Town of Bracebridge Council on November 25, 2025. These rates reflect a 4.9 per cent increase for town services, a change driven by rising operational costs and the full integration of the Muskoka Lumber Community Centre into the town budget.
The 2026 Final Tax Rates document, which is now available for download on the town website, shows that the municipal tax rate has shifted to 0.00611723 per dollar of assessed property value, up from 0.00583195 in 2025. For a typical home in the community assessed at $300,000, this change represents an estimated annual tax increase of $82.79, bringing the projected municipal tax bill to $1,832.38 for the year.
According to town officials, the 4.9 per cent increase is the result of a 7.2 per cent levy hike, which was partially offset by a 2.3 per cent growth in taxable assessment from new construction and development within the municipality. The full operational inclusion of the Muskoka Lumber Community Centre—the largest municipal asset in the history of the town—is cited as a primary factor in the budget requirements for 2026.
Residents have two primary windows for tax payments each year. The interim bill was due on March 31, 2026, and the final tax bill is due on the last business day of August 2026. For those looking to manage their payments throughout the year, the town offers a pre-authorized payment plan that spreads costs over ten monthly installments, with withdrawals occurring on the 10th of each month from November through August. Further details on these payment options and property tax information can be found on the town’s property tax webpage.
