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HomeMy WebLinkAboutKIN 81 4366 Mill Rate 1981 e · · · THE CORPORATION OF THE TOWN OF KINCARDINE BY-LAW NO. h~hh Being a By-law to adopt the estimates of all sums required during the year to strike the rates of taxation for the year 1981. WHEREAS the Council of the Corporation of the Town of Kincardine in accordance with the Municipal Act considered the estimates of the Municipality and of the Boards of the Municipality and it is necessary that the following sums be raised by means of taxation for the year 1981. General Purpose ............................ $ 961,248. $ 155.757. $ 314.982 . $ 325,682. $ 19,022. $ 35;059. County Rates ........................"...... Elementary School.......................... Secondary School........................... Sewers ..................................... Separate School............................ AND WHEREAS the Assessment Roll made in 1980 and upon which the 1981 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 from Unconditional Grants in accordance with Sections 302 and 307 of the Municipal Act, is as follows: Assessment entitled to benefit ............. $ 41,590,975. Assessment not entitled to benefit ......... $ 9,642,175. AND WHEREAS the amount of Unconditional Grants results in a reduction of 5.91 mills on the Assessment to benefit. THEREFORE: the Council of the Corporation of the Town of Kincardine ENACTS as follows: That the estimates be adopted and there shall be levied and collected upon the assessable lands, buildings and business within the Corporation of the Town of Kincardine the following rates for the year 1981: General Purpose ................... P.S. S.S. CommercIår& Industrial 21. 36 21.36 3.32 3.32 7.41 6.95 .42 P.S. S.S. ResidentrãI & Farm 18.16 18.16 2.82 2.82 6.30 5.91 .36 Total 961,248 149,017 302,789 312,816 19,022 35,991 County Rates ...................... Elementary School................. Secondary School.................. 6.95 .42 8.45 5.91 .36 7.15 Sanitary Sewers . . . . . . . . . . . . . . . . . . . Separate School................... The dates for payment of taxes under this Due date of 3rd instalment: Due date of 4th instalment: By-law shall be as follows: September 15th November 16th