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HomeMy WebLinkAboutKIN 77 4075 Rates of taxation THE CORPORATION OF THE TOWN OF KINCARD NE BY-LAW NO. 4075 Being a By-law tø adopt the estimates of all swas required during the year to strike the rates of taxation for the ear 1977. WHEREAS the Council of the Corporation of t.he To in accordance with t.he Municipal Act considered t the Municipality and of the Boards of the Municip necessary that the following swas be raised by ae for the year 1977. of Kincardine e estimates of ity and it is s of taxation . General Purpose............. $ 551.7 8. County Rates................ $ J.45,,3 o. Elementary School........... $ 183,0 5. Secondary School............ $ 193~6 3. 4IÞ Sewers...................... $ 32.4 4. Separate School............. $ 8,5 o. AID WHEREAS the Assessment Roll made in 1976 and pon which the 1977 taxes are to be levied was finally revised b the Assessment Review Court. enefit hereinafter t of Assessment s business from 02 and 307 of the AND WHEREAS the amount of Asse8sment entitled to referred to as Residential and Farm, and the aIIO not entitled to benefit, hereinafter referred to Unconditional Grants in accordance with Sections Municipal Act, is as follows: Assessaent entitled to benefit...... $ 31,140,835. Assessaent. not ent.itled to benefit.. $ 8,714,435. AID WHEREAS t.he amount of Unconditional Grants re ts' in a reduction of 4.52 sills on the Assessment to enefit. THEREFORE t.he Council of the Corporation of the T wn of Kincardine ENACTS as follows: That. the estimat.es be adopted and there shall be evied and collected upon the assessable lands. buildings and business within the Corporat.ion of t.he Town of Kincardine t.he follo rates for the year 1977: . . General Purpose........... County Rates.............. Elementary School......... Secondary Scho.l.......... Sanitary Sewers........... Separate School........... Co..ercial & Industrial $141.000. 25,260. 42,883. 44,618. 7,669. 803. Resid ntial &F $ 410.748 $ 77 852. 133 844. 143 559. 24 601. 7 684. Total $ 551.748. $ 103,472. 176.727. 188,177. 32,270. 8,487. · · · 4Þ. - 2 - The dates for payment of taxes under this By-law 1 be as follows: Due date of 3rd instalaent: Sept8llber 15 Due date of 4t.h installlent: November 15t . In default of payment of any instalment of taxes r any part thereof by the day DaSed therein for the paysent thereof, the reaaining instalment or instalaents shall forthwith become ayable. A percentage charge of 1 per cent (1") shall be for non-paJllent of and ph..11 be added to every t instalaent or part thereof r......in1r¡g \Ul.paid on the first day fo lowing the last day of payaent of each such insta1:aent and therea ter an additional charge of one per';.cent (1") shall be iaposed. and 1 be added t.o every such tax instalaent or part thereof reaa unpaid on the first day of each calendar IDGnth in which default cøntinues up to and including Dec8llber of each year. READ A FIRST AID SICOND TIME THIS third DAY OF June , 1977. 6 .,-þ (/JaLJ(J 'Tor READ A THIRD TIME AID FINALLY PASSED THIS June , 1977. ~1PÚ~ Mayor 6 1977 MIJ..J. RATE Co_ercial/Industrial P.S. S.S. - - General Purpose 16.18 16.18 Ceunty 2.94 2.94- Elementary 5.00 Secondary 5.12 5.12 Sewers .88 .88 Separate 5.83 30.12 30.95 DaÖ~'t~>-_ --- ..~. ~-._~ ,,/;/-:....~ .0-_' :..- . -- -. ~- . --" "- - --' . -' : ~,~ - '- Residential/Farm P.S. S.S. 13.19 13.19 2.50 2.50 4.51 4.61 .79 25.60 4.61 .79 5.25 26.34 NOTE: During 1973 Bills 154 and 168 were passed by the egis1ature. These two bills materially affect the calculatien of 1977 rates for lINDicipalities. Under Bill 154, Section 6 and Bill 168, Section 4 12) and 5(11) a llUll.icipalit'T is required te allocate a portien ef its Resource Equalizatien grant, telephene gross receipts, and payaents with respect te hospitals, cerrectienal institutiens, universi 1es and ceaaunity celleges te the eeuaty or regieD and/or soheol be s in setting its 1977 sill rates.