HomeMy WebLinkAbout09 072 2009 Taxation By-Law
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THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
BY-LAW
NO. 2009 - 072
BEING A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED
DURING THE YEAR TO STRIKE THE RATES OF TAXATION FOR THE YEAR
2009
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 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;
AND WHEREAS the assessment roll made in 2008 and upon which the 2009
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, Multi-Residential, Commercial, Industrial, Farm and
Managed Forest are as follows:
Residential
Multi-residential
Commercial - Occupied
Commercial - Vacant
Industrial - Occupied
Industrial- Vacant
Farm
Managed Forest
$ 952,804,632
10,202,198
172,194,837
4,828,103
74,666,166
4,386,225
189,003,383
991.728
$1,409,077.272
Total Taxable Assessment
Total Taxable Assessment for purpose of the BIA Levy
i19.237.352
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2009 Taxation By-law
By-law No. 2009 - 072
AND WHEREAS the amounts to be raised are as follows:
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Municipality of Kincardine
County of Bruce
Bluewater District School Board
Bruce Grey Separate School Board
Conseil scolaire de district des ecoles Catholique
du Sud-Ouest
Conseil scolaire de district du Centre Sud-Ouest
Education Tax shared as PIL, retained by Kincardine
$ 5,630,203.91
6,105,804.22
3,257,886.42
366,287.10
BIA Total Taxes to be Raised
9,725.03
2,193.86
2.881 ,522.87
$18,253,623.41
$40,905
Total Taxes to be Raised
NOW THEREFORE the Council of The Corporation of the Municipality of
Kincardine ENACTS as follows:
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1. THAT there shall be levied and collected upon the assessable lands and
buildings within The Corporation of the Municipality of Kincardine the
following rates for the year 2009:
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2009
Tax Total
ratios General Healthcare Municioal Cou ntv School Tax Rate
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Res. 1.00000 0.00366907 0.00046324 0.00413231 0.00448138 0.00252000 0.01113369
Multi-res. 1 .00000 0.00366907 0.00046324 0.00413231 0.00448138 0.00252000 0.01113369
Com. ace. 1.23310 0.00452433 0.00057122 0.00509555 0.00552599 0.01336758 0.02398912
Com. vac. 0.86317 0.00316703 0.00039985 0.00356688 0.00386819 0.00935731 0.01679238
Ind. ace. 1.74770 0.00641244 0.00080960 0.00722203 0.00783210 0.02095036 0.03600449
Ind. vac. 1.13600 0.00416807 0.00052624 0.00469430 0.00509087 0.01361773 0.02340291
eands 0.25000 0.00091727 0.00011581 0.001 03308 0.00112034 0.00063000 0.00278342
Mgd Forests 0.25000 0.00091727 0.00011581 0.001 03308 0.00112034 0.00063000 0.00278342
2. The tax rate for the Business Improvement Area shall be .000212633
3. The dates for payment of taxes under this By-Law shall be as follows:
DUE DATE of 3rd installment
September 1 , 2009
December 1, 2009
DUE DATE of 4th installment
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2009 Taxation By-law
By-law No. 2009 - 072
4.
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 installment
or part thereof remaining unpaid on the first day following the last day of
payment of each such installment and thereafter an additional percentage
charge of one and one-quarter (1.25%) shall be imposed and shall be
added to every such tax installment 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.
5. This By-law may be cited as the "2009 Taxation By-law".
R2i:~~;cD timeth. 20., d,y mM'Y:~~
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READ a THIRD time and FINALLY PASSED this 20th day of May 2009.
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Clerk