HomeMy WebLinkAbout24 001 2024 Interim Taxation By-lawTHE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
KB7
BY-LAW
NO. 2024 - 001
Being a By-law to Provide for a Levy of Taxes Before the Estimates are
Adopted in the Year 2024 and to Provide for Penalty and Interest
Whereas Section 317 of the Municipal Act, 2001, S.O. 2001 c. 25 as amended
provides that the Council of a local municipality, before the adoption of the
estimates for the year under Section 290, may pass a by-law levying amounts on
the assessment of property in the local municipality rateable for local municipality
purposes, in an amount not to exceed 50 percent of the total amount of taxes for
municipal and school purposes levied on the property for the previous year; and
Whereas pursuant to the said Municipal Act, Section 345 (1) through (5) provides
for the imposing of a penalty and interest respectively on taxes due but not yet
paid; now therefore be it
Resolved that the Council of The Corporation of the Municipality of Kincardine
Enacts as follows:
That an interim levy which will produce an amount not exceeding 50% of
the total annualized amount of taxes for municipal and school purposes for
the previous year be levied on each property for the year 2024.
2. That the dates for payment of taxes under this by-law shall be as follows:
Due date of 1st instalment
Due date of 2nd instalment
March 1, 2024
June 3, 2024
3. That a percentage charge of 1.25 per cent (1.25%) shall be imposed as a
penalty for non-payment of taxes of any class or instalment thereof on the
first day of default and on the first day of each calendar month thereafter in
which default continues up to and including December 31st of each year.
4. On all other taxes in default on January 1st, 2024, interest shall be added at
the rate of 1.25 per cent (1.25%) per month or fraction thereof.
5. Penalties and interest added on all taxes, including the interim tax levy in
default shall become due and payable and shall be collected forthwith as if
the same had originally been imposed and formed part of such interim levy.
6. That the Treasurer, not later than 21 days prior to the date that the first
instalment is due, shall give to the person taxed, a printed notice specifying
the amount of the taxes payable by delivering the notice or causing it to be
delivered to or for that person at the person's residence or place of
business or upon the premises in respect of which the taxes are payable.
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2024 Interim Taxation By-law
By-law No. 2024 - 001
7. That the notice shall include the due date for each instalment and the
particulars of the penalties imposed for late payment.
8. That the Treasurer be and is hereby authorized to accept part payment
from time to time on account of any taxes due unless a Tax Arrears
Certificate under Section 373 has been registered against the title to that
land and provided that acceptance of any such part payment does not
affect the collection of any percentage charge imposed and collectable,
under Section 345 of the Municipal Act, in respect of non-payment of any
taxes or any class of taxes or of any instalment thereof.
9. The Treasurer is authorized to give receipt for such part payment paid
under paragraph 8.
10. That taxes shall be payable to The Corporation of the Municipality of
Kincardine and can be paid to the Treasurer at the Municipal offices, by
pre -authorized payment, at any financial institution in Canada which
accepts such payments or in any other manner or location approved by
Council.
11. That this By-law shall come into full force upon its final passage.
12. That this By-law may be cited as the "2024 Interim Taxation By-law".
Read a First, Second and Third Time and Finally passed this loth day of
January, 2024.
Kenneth Craig
signed with ConsignO Cloud (2024/01/12)
Verify with verifio.com or Adobe Reader.
Mayor
Jennifer Lawrie
signed with Consign0 Cloud (2024/01/12) •
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Clerk