HomeMy WebLinkAboutKIN 80 4286 Mill Rates 1980
THE CORPORATION OF THE TOÑN OF KINCARDINE
BY-LAW NO. 42R6
Being a By-law to adopt the estimates of all sums required during
the year to strike the rates of taxation for the year 1980.
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 1980.
.
.
General Purpose ...................... $
County Rates ......................... $
Elementary School.................... $
Secondary School..................... $
Sewers ............................... $
Separate School ............_......... $
835,$43.
156,250.
289,680.
308,607.
37,748.
32,997.
AND WHEREAS the Assessment Roll made in 1979 and upon which the
1980 taxes are to be levied was finally revised by the Assessment
Review Court.
AND WHEREAS the amount of Assessment, entitled to benefit herein-
after 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 ....... $
Assessment not entitled to benefit ... $
41,206,285
9,506,925
AND WHEREAS the amount of Unconditional Grants results in a
reduction of 5.50 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 1980:
P.s. S.S.
Commerciãr&
Industrial
.
P.S. S.S.
ResidentI"ãl
& Farm
Total
General Purpose . . . . . . . . . . . . . 1$.77 18.77 15.95 15 .95 835,684.
County Rates . . . . . . . . . . . . . . . . 3.38 3.38 2.87 2.87 150,395.
Elementary School . . . . . . . . . . . 6.88 5.85 278,477.
Secondary School ............ 6.71 6.71 5.70 5.70 298,847.
Sanitary Sewers . . . . . . . . . . . . . .35 .35 _ .72 . 72t"o 37,743.
, 1};"
Separate School ............. 8.00 6.80 32,410.
The dates for payment of taxes under this
Due date of 3rd installment:
Due date of 4th installment:
By-law shall be as follows:
September 15th
November 17th
-2-
.
In default of payment of any installment of taxes or any part
thereof by the day named therein for the payment thereof, the
remaining installment or installments shall forthwith become
payable.
A percentage charge of one and one quarter per cent (lt~) 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 charge of one and one quarter per cent (lt~)
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.
READ a FIRST and SECOND time this 5th
day of
June
, 19$0.
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.
h4 :7 ð-d- ~
~or '
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~~~
/C erk
-
READ a THIRD time and FINALLY PASSED this
5th day of
JUne
, 1980.
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-
1980 MILL RATE
Commercial/Industrial Residential/Farm
P.S. S.S. P.S. S.S.
General Purpose 18.77 18.77 15.95 15.95
County 3.3$ 3.38 2.87 2.87
Elementary 6.88 5.85
. Secondary 6.71 6.71 5.70 5.70
Sewers .35 ,85 .72 .72
Separate 8.00 6.80
36.59 37.71 31.09 32.04
.
NOTE: During 1973 Bills 154 and 16$ were passed by the Legislature. These
two bills materially affect the calculations of 1979 mill rates for
municipalities.
Under Bill 154, Section 6 and Bill 16$, Section 4(12) and 5(11) a
municipality is required to allocate a portion of its Resource
Equalization grant, telephone gross receipts, and payments with
respect to hospitals, correctional institutions, universities
and community colleges to the county or region and/or school
boards in setting its 1980 mill' rates.