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HomeMy WebLinkAboutBy-law 7491/16 The Corporation of the City of Pickering By-law No. 7491/16 • Being a by-law to adopt the estimates of all sums required to be raised by taxation for the year 2016 and to establish the Tax Rates necessary to raise such sums and establish the final due dates for the residential, pipeline, farm 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, R.S.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. 05-2016 to establish tax ratios, and By-law 07-2016 to adopt estimates of all sums required by The Regional Municipality of Durham for the Durham Region Transit Commission, and By-law 08-2016 to set and levy rates of taxation for Regional Solid Waste Management, and By- law No. 06-2016 to set and levy rates of taxation for Regional General Purposes and set tax rates on Area Municipalities;,and, Whereas the Province of Ontario has provided the 201.6 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 2016; and, . Whereas an interim levy was made by the Council of The Corporation of the City of Pickering (pursuant to By-law No. 7465/16 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: 1. . For the year 2016, The Corporation of the City of Pickering (the "City") on March 29, 2016, approved Council Report FIN 05-16 and corresponding schedules a nd attachments as presented, resulting in a taxation levy of$58,545,981. By-law No. 7491/16 Page 2 2. For the year 2016, 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. 3. The levy provided for in Schedule"A" shall be reduced by the amount of the interim levy for 2016. 4. The Tax Levy due dates for the Final Billing be June 28, 2016 and September 28, 2016 for all classes excluding the non-residential tax classes (commercial, industrial and multi-residential). 5. The Treasurer is hearby authorized to accept twelve monthly electronic payments commencing January 1st and ending December 1st inclusive. Failure by the taxpayer to pay any one monthly part payment, will invoke the late payment charges as outlined in the Municipal Act and confirmed by the City through By-law every year. 6. The Treasurer is hearby authorized to accept twelve monthly electronic payments commencing January 8th and ending December 8th inclusive. Failure by the taxpayer to pay any one monthly part payment, will invoke the late payment charges as outlined,in the Municipal Act and confirmed by the City through By-law every year. 7. The Treasurer is hearby authorized to accept twelve monthly electronic payments commencing January 16th and ending December 16th inclusive. Failure by the taxpayer to pay any one monthly part payment, will invoke the late payment charges as outlined in the Municipal Act and confirmed by the City through By-law every year. 8. For the year 2016, the City shall levy upon designated Universities and Colleges an annual tax at the prescribed amount for each full-time student enrolled in the university or college, as determined by the Minister of Training, Colleges, and Universities, payable on or after July 1st in accordance with section 343 of the Municipal Act. 9. 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. 10. This By-law comes into force on the date of its final passing. By-law No. 7491/16 . Page 3 By-law passed this 16th day of May 2016. • David Rya or 5 „tit • Debbie Shields, City Clerk ''" " °'"' • • •