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1997-038 To Adopt the Estimates of all amounts required during the Year and to strike the Rates of Taxation for the Year 1997 THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE BY-LAW NO. 1997-38 A BY-LAW OF THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE TO ADOPT THE ESTIMATES OF ALL AMOUNTS REQUIRED DURING THE YEAR AND TO STRIKE THE RATES OF TAXATION FOR THE YEAR 1997. . WHEREAS Section 162 Chapter MA5 of the Municipal Act, R.S.O. 1990, as amended, authorizes Councils to pass by-laws to adopt current year estimates and to set the rates of taxation; NOW THEREFORE the Council of the Corporation of the Township ofOro-Medonte enacts as follows: 1. That the estimates of Expenditures to be made in the year 1997 for all purposes shall be adopted as follows: General Government Local Boards Fire & Emergency Services Building, By-Law & Planning Public Works Street Lighting Water Systems County Waste Management Arena, Parks and Recreation $1,067,411 205,938 942,002 694,857 3,255,415 27,294 950,343 762,465 890,717 Total estimated Expenditures for local purposes $ 8,796,442 Requisition from County of Simcoe for County Purposes $ 1,545,426 Reduction for 1994 County of Simcoe Overlevy ($ 172,932) Requisition from Simcoe County Board of Education for Elementary and Secondary Public School Purposes $11,293,369 Requisition from Simcoe County Roman Catholic Separate School Board for Elementary and Secondary Separate School Purposes $ 1.264.046 Total estimated Expenditures $22.726.3 51 2. That the estimates of Revenue to be received in the year 1997 other than from local taxation, shall be adopted as follows: Contributions from other Governments Other Revenues $ 1,776,830 4.100.341 . Total Revenues, other than from taxation $ 5,877,171 3, That the following amounts shall be raised by taxation within the Township of Oro-Medonte in the year 1997. Township General Purposes County Purposes Reduction for County Purposes Public School Purposes Separate School Purposes Total Tax Levy $ 2,919,271 1,545,426 ( 172,932) 11,293,369 1.264.046 $16,849,180 2 4, That the following mill rates be levied to raise the taxes required for the various purposes. A) FOR LOCAL PURPOSES . Residential Assessment Commercial Assessment 432,836,834 52,166,338 B) FOR COUNTY PURPOSES Residential Assessment Commercial Assessment 432,836,834 52,166,338 $ 2,919,271. MILL TAXES RATE GENERATED 5.907 $ 2,556,767 6.949 362.504 $ 2,919,271 $ 1,545,426. MILL TAXES RATE GENERATED 3.127 $ 1,353,481 3.679 191.920 $ 1,545,401 C) FOR REDUCTION FOR COUNTY PURPOSES $ (172,932) Residential Assessment Commercial Assessment 432,836,834 52,166,338 D) FOR PUBLIC SCHOOL PURPOSES Residential Assessment Commercial Assessment 392,410,918 43,799,534 E) FOR SEPARATE SCHOOL PURPOSES Residential Assessment Commercial Assessment 40,425,916 8,366,804 MILL RATE TAXES GENERATED (0.350) (0.412) $ (151,493) ( 21.493) $ (172,986) $11,293,369. MILL TAXES RATE GENERATED 25.439 $ 9,982,541 29.928 1.310.832 $11,293,373 $ 1,264,046. MILL TAXES RATE GENERATED 25.146 $ 1,016,550 29.583 247.515 $ 1,264,065 5. That in addition to the foregoing the following Special Charges and Collectables be levied and collected: (a) A levy for the purposes of recovering amounts advanced under the provisions of the Tile Drainage Act. R.S,Q. 1990. C.T.8. as amended. ftom benefitting properties. . (b) A levy to collect for the annual estimates for the following Street Lighting Areas apportioned on a flat rate basis of$38,10 to the benefitting properties: Street Li~htin!! Areas Shanty Bay Hawkestone Flat Rate Per Prooertv $38.10 $38,10 3 Beechwood Crescent, Plan M-281 $38.10 Martine Crescent, Plan M-295 $38.10 Sugarbush, Plan M-368, Plan M367 $38.10 Harbourwood, Plan M-118 $38.10 . Canterbury, Plan M-343 $38.10 Cairns Estates, Plan 1676 $38.10 Forest Home Industrial Park, Plans 1719 & 1720 $38.10 Forest Glen, Plan M-264 $38,10 Kade Meadows, Plan M-340, Plan M-469 $38.10 Raikes, Plan 1561 $38.10 Paislans, Plan 1682 $38.10 Torpey, Plan M-71 $38.10 Jo-Con, Plan M-66 $38.10 Parkside Drive, Plan 875 $38.10 Black Forest Estates, Plan M-191 $38.10 Cedarbrook Estates, Plan M-157 $38.10 Conder Drive RP51R624 and RP51R2163 $38.10 Horseshoe Highlands, Phase 1, Plan M391 $38.10 Horseshoe Highlands, Phase 2, Plan M447 $38.10 Day Subdivision, Plan M-162 $38.10 Georgian Heights, Plan M-92 $38.10 Mount St. Louis Estates, Plan M-112 $38.10 Preston Subdivision, Plan M-1 04 $38.10 Pritchard Subdivision, Plan 1626 $38.10 Robin Crest, Plan M-101 & Plan M-123 $38,10 Snowshoe Trail, Plan M -174 $38.10 . c) A levy to collect for the annual estimates for County Waste Management apportioned on a flat rate basis to users: Residential Commercial, garbage collection, disposal & recycling Commercial, recycling only $95,00 $95,00 $30.00 4 (d) A levy for any or all other amounts collectable pursuant to any statute or by-law and chargeable to any or all real property and business and/or person or persons to be raised in the same manner and at the same time as all other levies, rates, charges and/or collections. 6. That the final tax bill less the interim tax bill be due and payable in two equal installments on or before July 3, 1997 and August 28, 1997, . 7. The Treasurer is hereby authorized to mail or cause to be mailed the notice of taxes due to the address of the residence or place of business of the person to whom such notice is required to be given as shown on the latest revised Assessment Roll. 8. A penalty for non-payment of taxes shall be imposed not exceeding 1 y..% on the first day of default, and on the first day of each calendar month thereafter during the year 1997, until the taxes are paid. 9. That there be added an interest charge of 1 y..% on the first day of each month on any outstanding tax arrears from the 31 st day of December in the year in which the taxes were levied until the taxes are paid. 10. That taxes may be paid either in full or by installments for remittance payments to the credit of the Treasurer on or before the day on which such taxes fall due at designated branches of the Toronto Dominion Bank or through the Toronto Dominion Bank TD Bankline Service, which accept and process payments on behalf of customers, with the onus on the financial institution to remit payments on time, but after the due date of any unpaid taxes, no payment of any taxes or any arrears of taxes shall be paid in this manner. 11. That all taxes be paid into the Office of the Treasurer. 12. That the Treasurer be authorized and directed to collect any penalty or interest or any other levies, rates, charges or collections in the same manner as empowered to collect taxes levied by the Council. 13. That the Treasurer be authorized to accept part payment from time to time on account of any taxes due and to give a receipt for such part payment provided that acceptance of any such payment does not affect the collection of any penalty or interest or any other levies, rates, charges or collections imposed, collectable and due in respect to any non-payment. 14. That this by-law come into force and take effect on and from the date of the final passing thereof for the current year 1997. Read a first and second time this th day of 1997. By-law read a third time and finally passes this th day of 1997. THE CORPORATION OF THE TOWNSmp OF ORO-MEDONTE ~:I ~/ t:'::.,l~t::- / .~, .""" 1 ~",' / _) S"""'''",,''j _./ .'/ Y Mayor Ian Beard . Clerk Lynda Aiken