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Home My WebLink AboutBy-law 6534/05THE CORPORATION OF THE CITY OF PICKERING BY-LAW NO.6534/05 Being a by-law to adopt the estimates of all sums required to be raised by taxation for the year 2005 and to establish the Tax Rates necessary to raise such sums and establish the final due dates for the residential, pipeline, farmland and managed forest realty tax classes. WHEREAS it is necessary for the Council of The Corporation of the City of Pickering, pursuant to the Municipal Act, 2001, S.O. 2001, c25, as amended, to pass a by-law to levy a separate tax rate on the assessment in each property class; and, WHEREAS the property classes have been prescribed by the Minister of Finance under the Assessment Act, FLS. O. 1990, ch.A.$1, as amended and its Regulations; and, WHEREAS it is necessary for the Council of The Corporation of the City of Pickering, pursuant to the Municipal Act, to levy on the whole rateable property according to the last revised assessment roll for The Corporation of the City of Pickering the sums set forth for various purposes in Schedule "A", for the current year; and, WHEREAS the Regional Municipality of Durham has passed By-law No. 16-2005 to establish tax ratios and By-law 17-2005 to adopt estimates of all sums required by The Regional Municipality of Durham for the purposes of the Regional Corporation and By- law 15-2005 to set and levy rates of taxation for Regional Solid Waste Management and By-law No. 14-2005 to set and levy rates of taxation for Regional General Purposes and set tax rates on Area Municipalities; and, WHEREAS the Regional Municipality of Durham has provided the 2005 education tax rates for the realty classes; and, WHEREAS sub section 342(2) of the Municipal Act, 2001, S.O. 2001, c25, as amended, permits the issuance of separate tax bills for separate classes of real property for 2005; and, WHEREAS an interim levy was made by the Council of The Corporation of the City of Pickering (pursuant to By-law No. 6451-05) before the adoption of the estimates for the current year. NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE CITY OF PICKERING HEREBY ENACTS AS FOLLOWS: For the year 2005, The Corporation of the City of Pickering (the "City") on May 2, 2005, approved Council Report CS 30-05 and corresponding schedules and attachments as presented including the budgetary levy of $34,277,887 and assessment growth of $375,873 for a total tax levy of $34,653,760. For the year 2005, the City shall levy upon the Property Classes set out in Schedule "A", the rates of taxation as set out in Schedule "A", for the City of Pickering, the Region of Durham and for Education purposes on the current value assessment as also set out in Schedule "A". Where applicable, taxes shall be adjusted in accordance with Bill 140, as amended and its Regulations. The levy provided for in Schedule "A" shall be reduced by the amount of the interim levy for 2005. The Tax Levy due dates for the Final Billing be July 15, 2005 and September 29, 2005 for all classes excluding the non-residential tax classes (commercial, industrial and multi-residential.) If any section or portion of this By-law or of Schedule "A" is found by a court of competent jurisdiction to be invalid, it is the intent of Council for The Corporation of the City of Pickering that all remaining sections and portions of this By-law and of Schedules "A" continue in force and effect. This By-law comes into force on the date of its final passing. BY-LAW read a first, second and third time and finally passed this 20th day of June 2005. David R~ Debi Bentley, Clerk 8y-Law No.6534/05 Tax R~te Schedule A 2005 Tax Rates Tax Rate To[al .Tax Rate ~Teg~on Biliin,q ;'07, ,L BII_LiNG ;:'~Loj~Lr ~ Cisss Res~dent, ai 7,010 140,819 000367541 Farm 65, :~77.500 0.00085750 Managed Forest 4,01 [,000 0.00091890 Pipelines 22,878,000 0.00451850 MulU-Residentia~ 59853,890 0.00762650 Commermal 582.510,611 0.00532930 Commercial - Excess Land 20.857,930 0.00373050 Commercial Vacant Land 9.373,000 0.00373050 Shopping Centres 261,007,390 0.00532930 Shopping Centres Excess Land 278,040 0.00373050 Office Building 19,570,920 0.00532930 Office Building Excess Land 0.00373050 Industrial 135,705,730 0.00830570 Industrial Excess Land 3,452,265 0.00539870 Industrial Vacant Land 27,038,290 0.00539870 Large Industrial 26,581,805 0,00953770 Large Industrial - Excess Land 643,195 0.00619950 Parking Lot Full 0,00532930 Perking Lots Excess Land 0.00373050 Total 8,249,280,385 0.00717001 0.90167277 0.30179250 0.00881481 0.01487777 0.01039651 0.00727756 0,00727756 0,01039651 0.00727756 0.01039651 0.00727756 0.01620279 0.01053203 0.01053203 0,01860618 O,O12O9437 Q01039651 0.00727756 0.00296000 0.00074000 0.00074000 0.01596771 0.00296000 0.01645136 0.01151595 0.01151595 0.01645136 0.01151595 0.01645136 0.01151595 0.01645136 0.01151595 0.01380542 0.00327027 0.00345140 0~02930102 0.02546427 0.03217717 0.02252401 0.02252401 0.03217717 0.02252401 0.03217717 0.02252401 0.03217717 0.02252401 25,765.161 56,06t 3,686 103,374 456,476 3,1041374 77,811 34.966 1,390.987 1,037 104,299 1,127,131 18,638 145.972 253.529 3,987 32,647,488 50.262,780 /09.362 7.190 201,665 890,492 6,056,077 151,795 68,213 2,713,566 2,023 203,469 2,198,811 36,359 284,768 494.586 7,779 63,688,936 20750,017 48,379 2,968 365,309 !77,168 9,583,092 240,199 107,939 4,293,927 3.202 321,968 96F77957 213.802 13,844 670.349 1,524.136 18.743,543 469,804 2i1,118 8,398,479 6,263 629,737 Payments in Lieu Properties Residential 84802,540 0.00367541 Residential- Tax Tenant 60,388,120 0.00367541 Residential - General 42,171,740 0.00367541 Farm 49.231,900 0.00085750 Farm - '[ax Tenant 12.213,000 0.00085750 Commercial Full 4! .883,695 0.00532930 Commercial Full - Shared PIL 29.030,720 0.00532930 Commercial Full- Tax Tenure 2.488,640 0.00532930 Con:mercia! General 9,273,990 0.00532930 Commerc~ai Fuil- Excess Lane 9310,125 0.00373050 Commerclai General Excess Land 447,500 0.00373050 Commercial Gert - Vacan[ Land 425,000 0.00373050 Commemial Vacant Land Full 0.00373050 Office Building Full - Shared PIL 7,215,710 0.00532930 Parking t_ot 0.00532930 Industrial Full ;, 102.350 0.00830570 Industrial General 0.00830570 Industrial Full- Shared PIL 6.808,730 0.00830570 Industrial Full- Tax Tenant 112,830 0.00830570 Ind. Excess Land - Shared PIL 7,382,125 0.00539870 Ind. Excess Land Tax Tenant PIL 133,170 0.00539870 Industrial Excess Land Gen %365,215 0.00539870 Industrial Vacant Land Full 0.00539870 Industrial Vacant Land Gen 0.00539870 Industrial Vacant Land Shared PIL 2,265,500 0.00539870 Large Industrial Full · Shared PIL 63,667,330 0.00953770 Large Ind. Excess Land - Shared PIL 1,028,885 0,00619950 Total PILS 434,748,815 0.00717001 0.00717001 0.00717001 O.OO167277 0.00167277 0.01039651 0.01039651 0.01039651 0.01039651 0.00727756 0.00727756 0.00727756 0.00727756 0.01039651 0.01039651 0.01620279 0.01620279 0.01620279 0.01620279 0.01053203 6.01053203 0.01053203 O,O10532O3 0.01053203 0.01053203 0.01860618 0.01209437 0.00296000 0.00296000 0.00000000 0.00074000 0.00074000 0.01645136 0.01645136 0.01645136 0,00000000 0.01151595 0.00000000 0.00000000 0.01151595 0.01645136 0.01645136 0.00000000 0.00000000 0.00000000 0.01380542 0.01380542 0.01084542 0.00327027 0.00327027 0.03217717 0.03217717 0.03217717 0.01572581 0.02252401 0.01100806 0.01100806 0.02252401 0.03217717 0.03217717 0.02450849 0.01593073 0.01593O73 311,684 221,951 154,998 42,216 10,473 223,211 154,713 13,263 49,424 34.731 !,669 9,046 38,455 9156 56,551 937 39,854 719 7,370 12,231 607,240 6,379 2,006,272 608,035 432,983 302,372 82,354 20,430 435,444 301,818 25,873 96.417 67,755 3,257 ~7,648 75.018 11,86i 110320 1,828 77749 1403 14,378 23,860 1,184,606 12,444 3,913,854 251,016 178,749 36,432 9,038 689,044 477,595 40,942 107,2!5 118,708 1170,735 833,683 457,370 16t,002 39,940 1,347,699 934,126 80077 145841 20970! 4 926 26695 ** Final Education tax rates for Industrial and Large Industrial tax class not yet available from the Province. Grand Total 34,653,760 67,602,789 The Assessment figures for OPG are an estimate.