HomeMy WebLinkAboutCS 28-04Report Number: CS 28-04
Date: September t, 2004
~From:
Gillis A. Paterson
Director, Corporate Services & Treasurer
Subject:
2004 Final Tax Due Dates for Commercial, Industrial and Multi-
Residential Realty Tax Classes and Tax Rates
Recommendation:
It is recommended that report CS 28-04 of the Director, Corporate Services &
Treasurer be received; and that:
the Director, Corporate Services & Treasurer be authorized to issue the FINAL
2004 Tax Bills for Commercial, Industrial and Multi-residential properties with a
due date of October 15th, 2004;
the Director, Corporate Services & Treasurer be authorized to make any changes
or undertake any actions necessary, including altering the due dates, in order to
ensure the tax billing process is completed and in order to comply with Provincial
Regulations;
the necessary By-law attached to this report be read three times and approved;
and,
the appropriate officials of the City of Pickering be given authority to give effect
hereto,
Executive Summary: Adoption of the above recommendations and passing the
attached By-law provides for the final 2004 tax billing for non-residential tax classes
(commercial, industrial and multi-residential) and provides for the establishment of the
non-residential property tax rates for 2004. Schedule A of the attached By-law also
consolidates all of the City's 2004 tax rates and final due dates.
-- ,~T. r 200a
Tax Due Da',es for ....
,~e~%¢' ~ a,, U;asses and Tax ~ates
Financial Implications: The attached By-law is for the FINAL billing of 2004 property
taxes for commercial, industrial and multi-residential properties. This billing of final
property taxes will raise approximately $23.1 million for the City, Durham Region and
School Boards. Tax bills for the Residential tax classes were issued on June 14, 2004
with due dates of July 16th and September 29th.
Background: The City of Pickering will soon be in a position to issue the find
2004 property tax bills in accordance with the capping provisions of Bill 140, Continued
Protection For Property Taxpayers Act, passed by the Province on December 4, 2000
and implemented through various Regulations. This legislation was put in place to limit
assessment reform related increases to 5% per year on commercial, industrial and
multi-residential properties.
Under this legislation, property owners facing increases due to property assessment
reform had their increases "capped" (reduced). Conversely, those properties
experiencing decreases were limited to that permitted under the legislation. This meant
that taxes have to be "clawed back" from those experiencing decreases to fund the loss
of revenue resulting from the capped increases.
The funding of the capping protection is "paid for" on a Region wide basis. The Region
of Durham acts like a banker in this process. In other words, the total cost of the
capping protection for example, the commercial tax class is paid for by the other
commercial properties throughout the Region by having a portion of their related
property tax decrease withheld (clawed back). As part of the Region wide process, City
of Pickering uses a Provincial database program called "Online Property Tax Analysis"
or OPTA to' verify non-residential assessment data. Every municipality within Durham
Region uses the OPTA system. The OPTA system became operational in mid April
and taxation staff worked throughout the spring verifying the data and investigating the
discrepancies. Assessment Review Board decisions and Minutes of Settlement were
incorporated into the capping calculations up to May 7th, which was the cut-off date for
these changes. After this date the area municipalities would have completed their
analysis of the assessment and taxation data.
Schedule A of the attached By-law lists the 2004 tax rates used by the City, School
Boards and Region of Durham for the calculation of property taxes. The 2004
residential tax rates were approved by Council on June 7th, 2004 and all of the 2004 tax
rates and final due dates are presented in one schedule for presentation and
consolidation purposes.
For this year, the City of Pickering issued an interim tax bill to these realty property tax
classes with two installment dates (February 26th and April 29th). The proposed final
installment date of October 15th, provides these tax classes with some additional time to
pay their tax bill. Table One below, provides a breakdown of the final billing dates for
the non-residential tax classes from 2000 to 2004.
~.,~c.:-¢. .... -~-' 'z Da~e: September 1 200~z
~.,.,~..~..~.~ .... i~,~.~. :2,~64 Finai Tax Due Dates for C~mmerc,ah" ' ~n~us,' " "~,a~ and Viuiti- ?~ge :3
;Residenq-2i Reait¥ 7ax Ciasses and 7,ax Rates
Table One
Non-Residential Final Billing Dates
Year Number of Date
installments
2000 One
2001 One
2002 One
2003 One
2004 One
October 13, 2000
October 29, 2001
October 29, 2002
October 15, 2003
October 15, 2004
As Table One indicates, the proposed 2004 final due date closely follows the pattern
established during the last four years. The one installment date will assist the City in
managing its cash flow due to the fact the total School Board payment of
approximately $9.9 million which is required on September 30th.
Attachments:
1. By-law to establish the 2004 Tax Rates and Final Installment due date for the
Commercial, Industrial and Multi-Residential tax classes.
Prepared By:
Approved ! Endorsed By:
St~"'Karwowski
Manager, Finance & Taxation
~i~'~
Director, Corporate Services & Treasurer
GAP:vw
Attachment
Copy: Chief Administrative Officer
Recommended for the consideration of
Pickering City Council
Thomas J. Quinn, Chief Administrative Officer.
i-_-szaaiis¢c ':ne £-SO~ ~ax/a~,es /or -~he .}:cremate:al :naus-ma~ sn,:~
,'~ulti-Residemial Tax Ciasses and :.:o consolidate aii of :he C;?.
,:ax rd[es and to levy the FINAL ;ax bills for 'the Cammerma¢
pdus,:r]a~ and ;wuiti-residentiai taxes Tot the year 200'4.
cV;-~EF~EAS ~t s ne.sessan; .'.'or the Council of 'The Comora'[ion of ,:he City c.; ,-~nk~=..'-~}o
:x.:muan~ :o :nd ,?lun~c~,Dal AcL 2001r S.O, 2001. c,25 as amended, to ;sass a 8v.-!a,.,v ...
svy 3 seDate'ia ,:ax :'aTe on the assessment in each propem/class: anco.
WHEREAS the property classes have been prescribed by the Minister of Finance under
[ne Assessment Act, R.S.O. 1990, ch.A,31 as amended and its Regulations; and.
Cv'HEREAS it is necessary for the Council of The Corporation of the Citv of ?ickefing,
sursuam to the Municipal Act, 2001, S.O. 2001, c.25, to levy on the whole ratable
properzy according to the last revised assessment roll for The Corporation of the City of
Pickering.
WHEREAS the Regional Municipality of Durham has passed By-law No. 29-2004 to
establish tax ratios and By-law No. 27-2004 to adopt estimates of all sums required by
The Regional Municipality of Durham for the purposes of the Regional Corporation and
Byqaw No. 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 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 for the current year;
and.
WHEREAS an interim levy was made by the Council of The Corporation of the City of
Picketing (pursuant to By-law No. 6257/04) before the adoption of the estimates for the
current year; and,
WHEREAS sub section 342 (2) of the Municipal Act, 2001, S.O. 2001, c.25 as
amended, permits the ~ssuance of separate tax bills for separate classes of real
property for year 2004.
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") shall levy
upon all Property Classes ( Residential, Commercial, Industrial and Multi-.
residential) as set out in By-law No. 6364/04 of Schedule A, the rates of taxation,
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 of By-iow No.
6364/04. Where applicable, taxes shall be adjusted in accordance with Bill t40,
as amended and its Regulations.
The levy provided for shall be reduced by the amount of the interim levy for
2004.
'The 2004 finai tax caicuiad0ns for the industrial, commercial and muiti-,;esidendai
Fealty tax classes is based on the "cut-off" date as of May 7, 2004.
..-he decrease retained percentage for the realty class is outtined beiow:
Muiti residentia¢ 94.5265%
Commerciaf 41.759t %
!ndustriai 27.3679%
¸7.
~- ~ssessmem 'em .... rote o~ any installment or pa~ ~hereo¥ ..... n~
:n :~qe u's~ day of defauit and on the first day of each calendar month
n -f~n~c,:: suc~ defadt continues pursuant to subsections 345 ('~), (2) and
:ne' ~u~ic~a~ ,.qci _~no~,, S.O.c.25 as amended. The %, ,~u,~,' .... .~,i c.:)i~ec'~
:iistress or othenCzise under the provs ohs of the appiicabie statutes ;~.i~ sue';
...... ~ :~ssessments, rents, rates or ~nstailments or parts thereof ,~s
~*~ave been paid on or before tt~e several dates named as aforesaid, ~ogether with
~,*e said percentage charges as they are ',ncurred pursuant to sections 349, 350
and 35'i of the Munic(aalAct200t, S.Q.C.25as amended.
if any section or portion of this By-law is found by a cour~ of competent
iurisdiction to be invalid, it is the intent of Council for The Corporation of the Cih/
of Pickering that all remaining sections and portions of this By-taw continue in
force and effect.
'Faxes shall be payable to the Treasurer, City of Pickering.
Schedule A of this By-law shall supersede Schedule A of By-law 6341/04,
passed by Council on June 7, 2004.
10. 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
September, 2004.
David Ryan, Mayor
Bruce TaYlor, Clerk
2004
City
Tax Rate
Property Class
Residential 8,924,776,696 0.00347988
Farm 66,843,070 0.00086997
Managed Forest 4,420,500 0.00086997
Pipelines 22,782,000 0.00427816
Multi-Residential 58,859,890 0~00740310
Commercial 533,201,827 0.00504583
Commercial - Excess Land 9,643,380 0.00353208
Commercial Vacant Land 8,787,000 0.00353208
Shopping Centres 259,713,865 0.00504583
Shopping Centres Excess Land 245,000 0.00353208
Office Building 19,696,220 0.00504583
Office Building Excess Land 0.00353208
Industdal 135,284,965 0.00786383
Industdal Excess Land 3,140,125 0.00511149
Industrial Vacant Land 35,882,967 0.00511149
Large Industrial 26,581,805 0.00956967
Large Industrial - Excess Land 643,195 0.00622029
Parking Lot Full 0.00504583
Parking Lots Excess Land 0.00353208
Total 8,110,502,505
Payments in Lieu Properties
Residential 88,954,340 0.00347988
Residential - Tax Tenant 64,856,320 0.00347988
Residential - General 42,569,140 0.00347988
Farm 44,595,600 0.00086997
Farm - Tax Tenant 10,542,800 0.00086997
Commercial Full 42,755,695 0.00504583
Commercial Full -Shared PIL 31,413,655 0.00504583
Commercial Futl- Tax. Tenant 2,488,640 0.00504583
Commercial General 9,278,090 0.00504583
Commercial Full - Excess Land 8,883,625 0.00353208
Commercial General Excess Land 447,500 0.00353208
Commercial Gan - Vacant Land 2,425,000 0.00353208
Commercial Vacant Land Full 0.00353208
Office Building Full -Shared PIL 7,844,960 0.00504583
Parking Lot 75,000 0.00504583
Industdal Full 1,102,350 0.00786383
Industdai General 0.00786383
Industrial Full- Shared PIL 6,808,730 0.00786383
lndustdal Full- Tax Tenant 112,830 0.00786383
Ind. Excess Land - Shared PIL 7,382,125 0.00511149
Ind. Excess Land Tax Tenant PIL 133,170 0.00511149
Industrial Excess Land Gas 1,365,215 0.00511149
Industrial Vacant Land Full 0.00511 t49
Industrial Vacant Land Gan 0.00511149
Industrial Vacant Land Shared PIL 2.152.500 0,00511149
Large Industrial Full - Shared PIL 78,399,710 0.00956967
Large Ind. Excess Land -Shared PIL 823,320 0.00622029
Total PILS 455,410,316
~y-Law No.~364/04
Schedule A
2004 Tax Rates
Region Education
Tax Rste Tax Rate
0.00682179 0,00296000
0.00170545 0.00074000
0.00170545 0,00074000
0.00838670 0.01596771
0.01451268 0.00296000
0.00989160 0.01645136
0.00692412 0.01151595
0.00692412 0.01151595
0.00989160 0.01645136
0.00692412 0.01151595
0.00989160 0.01645136
0.00692412 0,01151595
0,01541589 0.02015898
0.01002053 0.01310333
0.01002053 0,01310333
0.01875992 0.02453190
0.01219395 0.01594573
0.00989160 0.01645136
0,00692412 0,01151595
0,00682179 0.00296000
0.00682179 0.00296000
0.00682179 0.00000000
0.00170545 0.00074000
0.00170545 0,00074000
0.00989160 0,01645136
0.00989160 0.01645136
0.00989160 0.01645136
0.00989160 0.00000000
0.00692412 0.01151595
0.00692412 0.00O00000
0.00692412 0.00000000
0,00692412 0.01151595
0,00989160 0.01645136
0,00989160 0,01645136
0.01541589 0.02015898
0.01541589 0.00000000
0.01541589 0.02015898
0.01541589 0.02015898
0.01002053 0.01310333
0,01002053 0.01310333
0.01002083 0.00000000
0,01002053 0.01310333
0.01002053 0.00000000
0.01002053 0.01310333
0.01875992 0.02483190
0.01219395 0,01594573
Please note: Assessment for the CHN, DHN, LHN, LKN classifications have been adjusted
to reflect proposed OPG settlement.
Total Picketing Region ~-ducation TOTAL
Tax Rate Billinq Biillnq Billinq BILLING
0.01326167
0.00331542
0.00331542
0.02863257
0.02487578
0.O3138879
0.02197215
0.02197215
0.03138879
0.02197215
0.03138879
0.02197215
0.04343870
0.02823535
0.02823535
0.05286149
0.03435997
0.03138879
0.02197215
0.01326167
0.01326167
0.01030167
0.00331542
0.00331542
0.03138879
0.03138879
0.03138879
8.01493743
0.02197215
0.01045620
0.01045620
0.02197215
0.03138879
0.03138879
0.04343870
0.02327972
0.04343870
E04343870
0.02823535
0.02823535
0.01513202
0.02823535
0.01513202
0.02823535
0.05286149
0.03435997
24,097,392 47,239,372 20,497,339 91,834,103
58,151 !13,998 49,464 221,613
3,846 7,539 3,271 14,656
97,465 191,066 363,776 652,307
435,746 854,215 174,225 1,464,186
2,690,446 5,274,219 8,771,895 16,736,560
34,061 66,772 111,053 211,886
31,036 60,842 101,191 193,069
1,310,472 2,568,986 4,272,646 8,152,104
865 1,696 2,821 5,383
99,384 194,827 324,030 618,241
1,063,858 2,085,538 2,727,207 5,876,603
16,051 31,466 41,146 88,663
183,415 359,566 470,186 1,013,168
254,379 498,673 652,102 1,405,154
4,001 7,843 10,256 22,100
$ 30,380,568 $ 59,556,618 $ 38,572,609 $ 128,509,795
309,550 606,828 263,305 1,179,683
225,692 442,436 191,975 860,103
148,135 290,398 438,533
38,797 76,056 33,001 147,853
9,172 17,980 7,802 34,954
215,738 422,922 703,389 1,342,050
158,508 310,731 516,797 986,037
12,557 24,617 40,942 78,115
46,816 91,775 138,591
31,378 61,511 102,303 195,192
1,581 3,099 4,679
8,565 16,791 25,356
39,584 77,599 129,060 246,244
378 742 1,234 2,354
8,669 16,994 22,222 47,885
53,543 104,963 137,257 295,762
887 1,739 2,275 4,901
37,734 73,973 96,730 208,437
681 1,334 1,745 3,760
6,978 13,680 20,658
11,002 21,569 28,205 60,777
759,259 1,470,772 1,923,294 4,144~325
5,121 10,040 13,128 28,289
$ 2,121,327 $ 4,t58,549 $ 4,214,664 $ 10,494,540