HomeMy WebLinkAboutKIN 75 3103 Taxation year 1975
.
,THE CORPORATION OF THE TOWN OF KINCARDI
BY-LAW NO. 3103
Being a By-law to adopt the estimates of all sums equired
during the year to strike the rates of taxation f the
year 1975.
WHEREAS the Council of the Corporation of the To of
Kincardine in accordance with the Municipal Act c nsidered
the estimates of the Municipality and of the Boar s of the
Municipality and it is necessary that the follow' g SillllS
be raised by means of taxation for the year 1975.
General Purpose............$
County Rates...............$
Elementary School..........$
Secondary School...........$
349,9~~'
123,137
109,923
101,816,
,
l4,244¡
1,063
Sewers.....................$
Separate School............$
AND WHEREAS the Assessment Roil made in 1974 and
which the 1975 taxes are to be levied was finally
by the Assessment Review Court. .
AND WHEREAS the amount of Assessment entitled to
hereinafter referred to as Residential and Farm,
amount of Assessment not entitled to benefit, herj
referred to as business from Unconditional Grants
accordance with Sections 302 and 307 of the Muniq
is as follows:
enefit
d the
inafter
in
pal Act,
Assessment entitled to benefit....$ 25,204 ,~25
Assessment not entitled to benefit~ $ ?~678'f~5,
UD,-WHEREAS the amount of Unconditional Grants rEI
a reduction of lL22 mills on the Assessment to b~
THEREFORE the Council of the Corporation of the 1 wn of
Kincardine ENACTS as follows:
That the estimates be adopted
collected upon the assessa~le
within the Corporation of the
rates for the year 1975:
and there shall be
lands, buildings an
Town of Kincardine!
,
evied and
business
he following
General Purpose............
County Rates...............
Elementary School..........
Secondary School...........
Sanitary Sewers............
Separate School...........
Commercial
& Industrial
12.77
3.53
3.69
3.39
.51
3.73
Total
$349,923.
99,185.
107,319.
99,511.
14,244.
1,009.
.
~
'.
The dates for payment of taxes
be as follows:
Due date of 3rd instalment:
Due date of 4th instalment:
-law No. 310)
-2-
SeptembeJl' 1st.
December 1st.
In default of payment of any instalment of t~ es or any
part thereof by the day named therein for th$ p~ent
thereof, the remaining instalment or instalm$ ts shall
forthwith become payable.
A percentage charge of 1 per cent (1%) shall
as a penalty for non-payment of and shall be
every tax instalment or part thereof remaini unpaid on
the first day following the last day of payme t of each
such instalment and thereafter an additional harge of
one per cent (1%) shall be imposed and shall e added to
every such tax instalment or part thereof re ining unpaid
on the first day of each calendar month in w ch default
continues up to and including December of eae year.
READ a FIRST and SECOND time this
19th
day:- :of~
, -
June
, 1975.
- ,
-
- -
--'
:- ~,-~~-'
)féyor
-:
Clerk
READ a THIRD time and FINALLY PASSED this
9th day of
June
. -
, 1975.
~
U7~~
JfÃyor
lerk
-:
'----.-..--
General Purpose
County
Elementary
Secondary
Sewers
1975 MILL RATE ~ ~-"..c~-;':-&..L...,.
Commercial/tndustrial
~ S.S.
12.77 12.77
3.53 3.53
3.69 3.73
3.39 3.39
. 51 . 51
23.89 23.93
Residential/Farm
P.S. S.S.
- -
10.50
3.00
3.32
3.05
.43
20.30
10.50
3.00
3.35
3.05
.43
20.33
.
NOTE:During 1973 Bills 154 and 168 were passed by, he Legislature.
These two bills materially affect the calculq ion of 1975 mill rates
for municipalities.
Under Bill 154, Section 6 and Bill 168, Sect! ns 4(12) and 5(11)
a municipality is required to allocate a port· on of its Resource
Equalization grant, telephone gross receipts. and payments with
respect to hospitals, correctional institutió s, universities and
community colleges to the county or region an lor school boards
in setting its 1975 mill rates.
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