4114 To amend By-Law 4106 Adopting Budgetary Estimates, Tax Rates, Penalty & Interest for 2017THE CORPORATION OF THE TOWN OF TILLSONBURG
BY-LAW NO 4114
A BY-LAW TO AMEND BY-LAW 4106 ADOPTING BUDGETARY ESTIMATES, TAX
RATES AND TO FURTHER PROVIDE FOR PENALTY AND INTEREST IN DEFAULT
PAYMENT THEREOF FOR 2017.
WHEREAS Section 290 of the Municipal Act, 2001, S.O. 2001 c.25, as amended,
provides that the Council of a local municipality shall prepare and adopt estimates of all
sums required during the year for the purposes of the municipality,
WHEREAS Section 312 of the said Act provides that the Council of a local municipality
shall, after the adoption of estimates for the year, pass a by-law to levy a separate tax
rate on the assessment in each property class, and
WHEREAS Sections 307 and 308 of the said Act require tax rates to be established in
the same proportion to tax ratios; and
WHEREAS regulations require reductions in certain tax rates for certain classes or
subclasses of property.
Now therefore the Council of The Corporation of the Town of Tillsonburg enacts as
follows:
1. That the tax rates hereby adopted for each class for the year 2017, excluding
local improvement rates or other special charges collected as taxes, shall be
the tax rates as listed on Schedule "A" attached hereto and forming part of this
by-law and the tax rate for each class shall be applied against the whole of the
assessment for real property for that particular class and purpose.
2. This by-law shall come into effect on the date of the final passing thereof.
READ A FIRST AND SECOND TIME THIS 261th DAY of June, 2017.
READ A THIRD AjSID FINAL TIME AND PASSED THIS 26th DAY of June, 2017.
Stephen Molnar
TOWN CLERK — Donna Wilson
Schedule "A " to By -Law 4114
RTC/RTQ
RT RESIDENTIAL
MT MULTI -RESIDENTIAL
CT COMMERCIAL
XT COMMERCIAL NEW CONSTRUCTION
CU EXCESS LAND
CX VACANT LAND
XU COMT NEW CONST. - EXCESS LAND
IT INDUSTRIAL
JT INDUSTRIAL NEW CONSTRUCTION
IU EXCESS LAND
IX VACANT LAND
LT LARGE INDUSTRIAL
LU EXCESS LAND
PT PIPELINES
FT FARMLAND
R1 FARMLAND DEV PH 1
2017 TAX RATES TOTAL
BASE
GENERAL SEWERS COUNTY EDUCATION RATES PARKING B.I.A. TOTAL
0.00748681 0.00023709 0.00417442 0.00179000 0.01368832 0.00121163 0.01489995
0.01847394 0.00058503 0.01045079 0.00179000 0.03129976 0.00309570 0.03439546
0.01423841 0.00045090 0.00793891 0.01390000 0.03652822 0.00230427 0.00203520 0.04086769
0.01423841 0.00045090 0.00793891 0.01140000 0.03402822 0.00230427' 0.00203520 0.03836769
0.00996689 0.00031563 0.00555724 0.00973000 0.02556976 0.00161299 0.00142464 0.02860739
0.00996689 0.00031563 0.00555724 0.00973000 0.02556976 0.00161299 0.00142464 0.02860739
0.00996689 0.00031563 0.00555724 0.00798000 0.02381976 0.02381976
0.01969031 0.00062354 0.01097872 0.01390000 0.04519257 0.04519257
0.01969031 0.00062354 0.01097872 0.01140000 0.04269257 0.04269257
0.01279871 0.00040530 0.00713617 0.00903500 0.02937518 0.02937518
0.01279871 0.00040530 0.00713617 0.00903500 0.02937518 0.02937518
0.01969031 0.00062354 0.01097872 0.01390000 0.04519257 0.04519257
0.01279871 0.00040530 0.00713617 0.00903500 0.02937518 0.02937518
0.00942813 0.00029857 0.00525685 0.01040000 0.02538355 0.02538355
0.00187171 0.00005927 0.00104361 0.00044750 0.00342209 0.00342209
0.00336907 0.00010669 0.00187849 0.00080550 0.00615975 0.00615975