HomeMy WebLinkAbout23 130 2023 Taxation Amendment (1) By-lawTHE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
BY-LAW
NO. 2023 – 130
Being a By-law to Amend By-law 2023 – 039; Being a By-law for the
Adoption of the Rates of Taxation and to Further Provide for Penalty and
Interest in Default of Payment Thereof for the Year 2023
Whereas Section 290 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended
provides that a local municipality shall in the year or the immediately preceding
year, prepare and adopt a budget including estimates of all sums required during
the year for the purposes of the municipality; and
Whereas Section 312 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended,
provides that for purposes of raising the general local municipality levy, a local
municipality shall, each year, pass a By-law levying a separate tax rate, as specified
in the By-law, on the assessment in each property class in the local municipality
rateable for local municipal purposes; and
Whereas Section 340 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended,
provides that the treasurer of a local municipality shall prepare a tax roll for each
year based on the last returned assessment roll for the year and that the treasurer
shall collect the taxes once the tax roll has been prepared; and
Whereas Section 342 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended,
authorizes municipalities to pass by-laws providing for the payment of taxes;
Whereas Section 398 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended,
provides that fees and charges imposed by the municipality, upper-tier municipality
or local board may be added to the tax roll and collected in the same manner as
municipal taxes; and
Whereas the Education Act, R.S.O. 1990, Ch. E.2, provides that Section 257.7(1)
subject to the regulations, the following shall in each year levy and collect the tax
rates prescribed under section 257.12 for school purposes on the property
indicated; and
Whereas Section 3 of the Corporation of the County of Bruce By-Law Number
2023-015, a By-law to adopt estimates, tax ratios and tax rates for the year 2023
establishes tax ratios for all municipalities within the County of Bruce for the year
2023; and
Whereas the Council of The Corporation of the Municipality of Kincardine enacted
By-law No. 2023 - 039, on March 20th, 2023, to adopt the estimates of all sums
required during the year to strike the rates of taxation for the year for all property
classes; and
Whereas Council of The Corporation of the Municipality if Kincardine, deems it
advisable to amend By-law No. 2023 – 039, to update the realty tax class/codes;
now therefore be it
Resolved that the Council of The Corporation of the Municipality of Kincardine
Enacts as follows:
1. That the chart in Section 1. of By-law No. 2023 – 039, be repealed and
replaced with the following:
Page 2 of 2
2023 Taxation Amendment (1) By-law
By-law No. 2023 –
Code Class Municipal County School
Total Tax
Rate
RT Residential 0.00820810 0.00472736 0.00153000 0.01446546
R1
Farmland Awaiting
Development 0.00615608 0.00354552 0.00114750 0.01084910
MT, NT Multi-Residential 0.00820810 0.00472736 0.00153000 0.01446546
CT, ST Commercial Occupied 0.01012141 0.00582931 0.00880000 0.02475072
CX Commercial Vacant 0.01012141 0.00582931 0.00880000 0.02475072
CU, SU Commercial Excess Land 0.01012141 0.00582931 0.00880000 0.02475072
C7
Commercial - Small Scale On-
Farm 0.01012141 0.00582931 0.00220000 0.01815072
IT Industrial Occupied 0.01434530 0.00826201 0.00880000 0.03140730
IX Industrial Vacant 0.01434530 0.00826201 0.00880000 0.03140730
IU Industrial Excess Land 0.01434530 0.00826201 0.00880000 0.03140730
I7
Industrial - Small Scale on
Farm 0.01434530 0.00826201 0.00220000 0.02480730
PT Pipelines 0.00834271 0.00480489 0.00880000 0.02194760
FT Farmlands 0.00205203 0.00118184 0.00038250 0.00361637
TT Managed Forests 0.00205203 0.00118184 0.00038250 0.00361637
HF Landfill 0.01004626 0.00578603 0.00980000 0.02563229
RH Residential Shared PIL 0.00820810 0.00472736 0.00153000 0.01446546
RGN Residential PIL: General 0.00820810 0.00472736 0.01293546
RP Residential PIL: Full 0.00820810 0.00472736 0.00153000 0.01446546
CF Commercial PIL: Full 0.01012141 0.00582931 0.00980000 0.02575072
CG Commercial PIL: General 0.01012141 0.00582931 0.01595072
CH, CK, DH Commercial: Shared PIL 0.01012141 0.00582931 0.00980000 0.02575072
IH Industrial: Shared PIL 0.01434530 0.00826201 0.01250000 0.03510730
LH, LI, LN, LS Large Industrial: Shared PIL 0.01434530 0.00826201 0.01250000 0.03510730
LK
Large Industrial Excess Land:
Shared PIL 0.01434530 0.00826201 0.01250000 0.03510730
IJ
Industrial: Vacant Land, Shared
PIL 0.01434530 0.00826201 0.01250000 0.03510730
2. That this By-law shall come into full force and effect upon its final passage.
3. That By-law may be cited as the “2023 Taxation Amendment (1) By-law”.
Read a First and Second Time this 9th day of August, 2023.
Read a Third Time and Finally Passed this 9th day of August, 2023.
Mayor Clerk