HomeMy WebLinkAboutKIN 79 4227 Rates of Taxation
THE CORPORATION OF THE TOWN OF KINCARD~NE
BY-LAW NO. ltl22 i
BEING a By-law to adopt the estimates of all sUDjs reqUired during
the year to strike the rates of taxation for th~ year 1979.
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WHEREAS the Council of the Corporation of the Tqwn of Kincardine
in accordance with the Municipal Act consideredithe estimates of
the Municipality and of the Boards of the Munic~pality and it is
necessary that the following sums be raised by t$.eans of taxation
for the year 1979.
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General Purpose ...................~.. $ 765,709.
County Rates ......................~.. $ 196,545.
Elementary School .................~.. $ 255,245.
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Secondary School ..................~.. $ 244,406.
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Sewers ............................~.. $ 32,570.
Separate School ...................1.. $ 27,464.
AND WHEREAS the Assessment Roll made in 1978 an upon which the
1979 taxes are to be levied was finally revised by the Assessment
Review Court.
AND WHEREAS the amount of Assessment, entitled ;'0 benefit herein-
after referred to as Residential and Farm, and he amount of
Assessment not entitled to benefit, hereinafter referred to as
business from Unconditional Grants in accordanc~ with Sections 302
and 307 of the Municipal Act, is as follows: 1
Assessment entitled to benefit ....1.. $40,373,685.
Assessment not entitled to benefit ~.. $ 9,448,755.
AND WHEREAS th¡ amount of Unconditional Grants ~esults in a
reduction of mills on the Assessment to benet~ts.
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THEREFORE the Council of the Corporation of the Town of Kincardine
ENACTS as follows: '
That the estilllates be adopted and there shall br' levied and
collected upon the assessable lands, bUildings d business
within the Corporation of the Town of Kincardin the following
rates for the year 1979: I
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.- P.S. S.S. P. . S.S.
Commercial &: Re idential
Industrial Farm Total
General Purpose ............ 17.50 17.50 14~ 87 14. 87 765,709.
County Rates ............... 3.21 3.21 2~73 2.73 140,551.
Elementary School.......... 6.03 - 5~42 - 251,062.
Secondary School........... 5.26 5.26 4f3 4.73 240,668.
Sanitary Sewers ............ .74 .74 63 .63 32,427.
Separate School............ 6.71 I 6.04 27,568.
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The dates for payment of taxes under this BY""'la~ shall be as
follows: i
Due date of 3rd installment: Septe~ber 15th
Due date of 4th installment: Novem~er 15th
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In default of payment of any installment of tax~s or any part
thereof by the day named therein for the paymen~ thereof, the
remaining installment or installments shall for1fhwith become
payable. I
A percentage charge of 1 per cent (1:') shall be ¡imposed as a penalty
for non-payment of and shall be added to every '\;ax installment or
part thereof remaining unpaid on the first day $ollowing the last
day of payment of each such installment and the~eafter an additional
charge of one per cent (1:') shall be imposed and. shall be added to
every such tax installment or part thereof rema~ning unpaid on the
first day of each calendar month in which defa'4t continues.: up .W
and including December of each year. . . .. . -~y~--_
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READ a FIRST and SECOND TIME this 5th day of ~, 1979.
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READ a THIRD TIME and FINALLY PASSED this 5th dÆfY of Julv, i979.;:~---:.
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1979 KfLL RATE
Commercial/Industrial i Residential/Farm
P.S. S.S. 'P.S. S.S.
General Purpose 17.50 17.50 14.87 14.87
County 3.21 3.21 2.73 2.73
Elementary 6.03 - 5.42 -
. Secondary 5.26 5.26 4.73 4.73
Sewers .74 .74 .63 .63
Separate - 6.71 - 6.04
32.74 33.42 28.38 29.00
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NOTE: During 1973 Bills 154 and 168 were passed by th, Legislature. These
two bills materially affect the calculations of ¡ 1979 mill rates for
municipalities.
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Under Bill 154, Section 6 and Bill 168, SectionI4(12) and 5(11) a
municipality is reqUired to allocate a portion ~f its Resource
Equalization grant, telephone gross receipts, a$d payments with
respect to hospita~s, correctional institutions. universities
and community colleges to the county or region ~nd/or school
boards in setting its 1979 mill rates. '