HomeMy WebLinkAboutKIN 95 029 Rates of Taxation
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THE CORPORATION OF THE TOWN OF KINCARDINE
BY-LAW
BY-LAW NO. 1995-29
A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED DURING
THE YEAR TO STRIKE THE RATES OF TAXATION FOR THE YEAR 1995.
WHEREAS the Council for The Corporation of the Town
Kincardine in accordance with the Municipal Act, considered
estimates of the Municipality and of the boards of
Municipality and it is necessary that the following sums
raised by means of taxation for the year 1995:
of
the
the
be
General Purpose
County of Bruce
$ 2,271,100
............................. .
............................. .
538,618
1,361,706
206,919
1,017,217
108,931
36.359
S 5.540.850
Elementary School (Public) ...................
Elementary School (Separate) .................
Secondary school (Public) ....................
Secondary school (Separate) ..................
Sani tary Sewers ..............................
AND WHEREAS the Assessment Roll made in 1994 and upon
which the 1995 taxes are to be levied was finally revised by
the Assessment Review Court;
AND WHEREAS the amount of assessment entitled to benefit,
hereinafter referred to as Residential and Farm, and the amount
of assessment not entitled to benefit, hereinafter referred to
as Business in accordance with Section 157 and 162 of the
Municipal Act, as follows:
Residential and Farm Assessment ................ $ 73,860,760
commercial, Industrial and Business Assessment.. 14,875,457
NOW THEREFORE the Council for The Corporation of the Town
of Kincardine ENACTS as follows:
1.
THAT the estimates be adopted and there shall be levied
and collected upon the assessable lands, buildings and
businesses within The Corporation of the Town of
Kincardine the following rates for the year 1995:
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1995 Taxation By-law No. 1995-
commercial &
Industrial
P.S. S.S.
Residential &
Farm
P.S. S.S.
Total
GENERAL
PURPOSE
24.858
2,271,100
29.245 29.245 24.858
6.935 6.935 5.896
19.713 16.756
14.726 12.517
24.115
12.695
COUNTY RATE
5.896
538,618
PUBLIC
ELEMENTARY
1,361,706
PUBLIC
SECONDARY
1,017,217
SEPARATE
ELEMENTARY
20.498
206,919
SEPARATE
SECONDARY
10.791
108,931
SANITARY
SEWERS
.398
36,359
.468
.468
.398
71. 087
$5.540.850
73.458
60.425
62.441
2. The dates for payment of taxes under this By-law shall be
as follows:
DUE DATE of 4th Instalment June 15th, 1995
DUE DATE of 5th Instalment August 15th, 1995
DUE DATE of 6th Instalment September 15th, 1995
3.
A percentage charge of one and one-quarter (1.25%) shall
be imposed as a penalty for non-payment of and shall be
added to every tax instalment or part thereof remaining
unpaid on the first day following the last day of payment
of each such instalment and thereafter an additional
percentage charge of one and one-quarter (1.25%) shall be
imposed and shall be added to every such tax instalment
or part thereof remaining unpaid on the first day of each
calendar month in which default continues up to and
including December of each year.
4. This By-law may be cited as the "1995 Taxation By-law".
READ a FIRST and SECOND time this 11th day of May, 1995.
READ a THIRD time and FINALLY PASSED this 11th day of May,
1995.