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HomeMy WebLinkAboutBy-law 6341/04THE CORPORATION OF THE CITY OF PICKERING BY-LAW NO. 6341/04 Being a by-law to adopt the estimates of all sums required to be raised by taxation for the year 2004 and to establish the Tax Rates Except Non-Residential necessary to raise such sums. 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.31, 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 ratable 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. 29-2004 to establish tax ratios and By-law 27-2004 to adopt estimates of all sums required by The Regional Municipality of Durham for the purposes of the Regional Corporation and By- law 30-2004 to set and levy rates of taxation for Regional Solid Waste Management and By-law No. 28-2004 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 2004 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 2004; and, WHEREAS an interim levy was made by the Council of The Corporation of the City of Pickering (pursuant to By-law No. 6257/04) 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 2004, The Corporation of the City of Pickering (the "City") on June 1st, approved Council Report CS 14-04 and corresponding schedules and attachments as presented including the budgetary levy of $32,336,812 and assessment growth of $154,077 for a total tax levy of $32,490,889. For the year 2004, 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 2004. The Tax Levy due dates for the Final Billing be July 16, 2004 and September 29, 2004 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 7th day of June 2004. David Ryar~,~ "'-"'". ~/ruce Taylor, Clerk - properly Class Residential Farm Managed Forest Pipelines 2064 City CV~A Tax Rate By-Law No. 6341/04 Schedule A 2004 Tax Rates Region Tax Rate 6,924,776,696 0.00347986 0.00682179 66,843,070 0.00086997 0.00170545 4,420,500 0.00086997 0.00170545 22,782,000 0.00427816 0.00838670 Education Total Pickerin.c~ Regior~ Educatio~ TOTAL Tax Rate Tax Rate ~ ~ Billin~o BILLING 0.00296000 0.00074000 0.00074000 0.01596771 0.01326167 0.00331542 0.00331542 24,097,392 47,239,372 20,497,339 91,834,I03 58,151 113,998 49,484 221,613 3,846 7,539 3,271 14,656 0.02863257 97,465 191,066 363,776 652,307 Total Pavments in Lieu Pronerties Residential ResidenUal - Tax Tenanl Residential - General Farm Farm - Tax Tenant 7,018,822,266 88,954,340 0.00347988 0.00682179 64,886,320 0.00347988 0.00682179 42,569,140 0.00347988 0.00682179 44,595,600 0.00086997 0.00170545 10,542,800 0.00086997 0.00170545 0.00296000 0.00296000 0.00074000 0.00074000 $ 24,256,854 $ 47,551,975 $ 20,913,&50 $ 92,722,679 0.01326167 309,550 606,828 263,305 1,179,683 0.01326167 225,692 442,436 191,975 860,103 0.01030167 148,135 290,398 438,533 0.00331542 38,797 76,056 33,001 147,853 0.00331542 9,172 17,980 7,802 34,954 TotaIPlLS , 251,518,200 $ 731,347$ 1,433,698 $ 496,082 $ 2,661,126 Total Assessment 7,270,340,466 Footnotes Payments in lieu of taxes at the General Rate excludes the education tax rate component. $ 24,986,201 $ 48,985,672 $ 21,409,932 $ 95,383,806 ~!:! .-a¥.~ bct]edtJl5 20(1~i Final "1 a~'~ Billing Non Gapped.xis