HomeMy WebLinkAboutKIN 94 037 1994 Taxation Bylaw
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THE CORPORATION OF THE TOWN OF KINCARDINE
BY-LAW
BY-LAW NO. 1994-37
A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED DURING
THE YEAR TO STRIKE THE RATES OF TAXATION FOR THE YEAR 1994.
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 1994:
of
the
the
be
General Purpose
'O................................................. .
$ 2,260,838
County of Bruce
......................................................... ..
532,191
Elementary School (Public) ...................
Elementary School (Separate) .................
secondary School (Public) ....................
1,288,769
201,944
1,003,147
Secondary School (separate) ..................
97,215
Sani tary Sewers ..............................
36.002
$ 5.420.106
AND WHEREAS the Assessment Roll made in 1993 and upon
which the 1994 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 ................ $ 72,797,961
Commercial, Industrial and Business Assessment.. 15,013,139
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 1994:
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1994 Taxation By-law No. 1994-40
Page 2
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commercial &
Industrial
P.S. S.S.
Residential &
Farm
P.S. S.S.
Total
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GENERAL
PURPOSE
29.403
29.403
24.993
24.993
COUNTY RATE
6.922
6.922
5.883
5.883
$2,260,838
532,191
PUBLIC
ELEMENTARY
18.809
15.987
1,288,769
PUBLIC
SECONDARY
14.640
12.444
1,003,147
SEPARATE
ELEMENTARY
24.126
20.507
201,944
SEPARATE
SECONDARY
11.614
9.872
97,215
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SANITARY
SEWERS
.468
.468
.398
.398
36,002
70.242
72.533
59.705
61.653
$5.420.106
2. The dates for payment of taxes under this By-law shall be
as follows:
DUE DATE of 3rd Instalment
September 15, 1994
DUE DATE of 4th Instalment
November 15, 1994
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 "1994 Taxation By-law".
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READ a FIRST, SECOND and READ a THIRD time and FINALLY PASSED
this 2nd day of June, 1994.
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~ Mayor
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