BYLAW - Limit Increase or Decrease in Taxation - 19700928 - 189070i
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mE :CORPORATION OF THE TOWN OF AURORA
BY-LAW NUMBER 1890-70
A By-law to limit increases and decreases in
taxation as a result of a different assessment
generally of lands in the Town of Aurora.
~ the taxes on certain lands in the municipality have increased in an
amount exceeding 10 per cent of the taxes imposed on such lands in the year 1969
as a result of the different assessment generally of lands in the municipality.
WHEREAS the 1969 expenditures on which the levy for that year was made
are set out in By-law number 1846-69 and all the separately assessed parcels in the
municipality, of rateable property for 1969 showing the increase and decrease in
taxation for each parcel, hereafter referred to as the "notional tax" for each parcel,
are set out in Schedule "C" attached hereto.
~ the rateable property of the Town of Aurora for the year 1969 is
now assessed at a valuation of $68,146,985 for Education rates, $68,129,285 for
County rates and $68,129,285 for General Rates.
WHEREAS the mill rates that would be levied in 1970 on this new valuation
of the 1969 rateable property to raise the sum of $1,196,744 for Education
purposes, $213,542 for County purposes and $716,448 for General purposes are set
out in Schedule "A" attached hereto.
WHEREAS it is desirable to limit the change in taxes in 1970 and subsequent
years resulting from the different assessment generally of lands in the Town of
Aurora for all properties assessed for taxation in 1969, including the annual taxes
on assessments made under Sections 53, 54, and 131 of the Assessment Act R.S.O.
1960 Chapter 23 and amendments thereto.
~ the Minister of Municipal Affairs has designated the Tbwn of
Aurora as a municipality to which Section 526 (a) of the Municipal Act R.s.o. 1960,
Chapter 249 and amendments thereto applies.
NOW THEREFORE the Council of the Corporation of the Town of Aurora pursuant
to Section 526 (a) of the Municipal Act R.s.o. 1960 Chapter 249 and amendments
thereto, ENACTS as follows:
That subject to the provisions of this by-law the separately assessed parcels
of rateable property as set out in Schedule "B" attached hereto are the only
parcels of rateable property to which this by-law applies.
That the "Notional Tax" for the purposes of this by-law shall be the 1969
assessment for 1970 taxation multiplied by the "Notional Tax" mill rates
set out in Schedule "A" attached hereto.
That the difference between the 1969 taxes levied and the "Notional Tax"
is the increase or decrease in taxation resulting from the different
assessment generally of lands in the Town.
That for those lands listed in Schedule "B" attached hereto with an increase
in taxation, this increase will be limited in each year to the greater of:
$ 50.00 or 10% of the increase in 1970;
$100.00 or 20% of the increase in 1971;
and
$150.00 or 50% of the increase in 1972.
.
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THE CORPORATION OF THE TOWN OF AURORA
~~chedule "A" to By-Law# 1890-70
1969 Assessment Revisions
Deductions -Changes in use or character Land
80,542
22,188
Bldg.
69,744
61,823
Business Total
150,286
120,463
Residential Public
Commercial Public
Resulting 1969 Taxation
Public School
High School
Separate School
County Rate
General Rate
Notional Tax Rate
Public School
High School
Separate School
County Rate
General Rate
Average Mill Rates
9,090
7,327
3,047
8,830
Public School Supporters
Separate School Supporters
Public School
High School
Separate School
County Rate
General Rate
102,730
Residential
8.3782
6.7464
8.4960
2.9117
8.0342
26.0705
26.1883
131,567
36,452
36,452 270,749
Amended 19§9 Taxation Levies
552,219
470,914
33,057
198,375
.564,099
Commercial
9-3091
7-4959
9.4400
2.9117
9-1573
Adjusted
28.8740
29.0049
1970 Residential Assessment 1970 Commercial Assessment
49,492,305 14,777,263
53,248,525 14,898,460
3,756,220 121,197
53.~30,825 14,898,460
53,230,825 14,898,460
1970 TAXATION PARTICULARS
ASSESSMENT MILL RATE
RESIDENTIAL
ASSESSMENT MILL RATE
COMMERCIAL
AMOUNT OF
LEVY
Education Purposes
Public Schools ••••
High Schools ••••••
Separate Schools ••
$
54,368,758
58,208,978
3,840,220
8.96934
6.80277
9.87022
$
15,575,862
15,697,059
121,197
9-96593
7·55863
10.96691
Total School Levy••••••••••••••••••••••••••••••••••••••••••••••••••••••
Municipal Purposes
·County Rate •••••••
General Rate ••••••
58,191,278
58,191,278
2.89006
9.47809
15,697,059
15,697,059
$
642,880
514.,631
39,233
1,196,744
213,542
716,448
~-------·· -·--~---
···,,.
That for those lands listed in Schedule "B" attached hereto with a
decrease in taxation, this decrease will be limited in each year to:
59% of the decrease in 1970;
83% of the decrease in 1971;
and
92% of the decrease in 1972.
That the amCilunt of the decrease shall be limited by adding the balance
of the decrease not allowed in any year to the rates levied in the usual
manner on the rateable assessment of the Town for that year.
That the net total of the increases not charged in any year and decreases
not allowed in any year shall be charged or credited to the general funds
of the municipality.
That those properties with increases in taxation having a change in use
or character, which has the effect of making the new assessment not
comparable to the assessment for 1969 taxation including assessments
made under Sections 53, 54 and 131 of the Assessment Act R.S.o. 1960
chapter 23 and amendments thereto, do not qualify for the tax
adjustment provided for in this by-law.
That the properties set out in Schedule "D" attached hereto designated
as not eligible for a limitation in taxation because of a change in use
or character of the properties and therefore do not qualify for the tax
adjustment provided for in this by-law.
Schedules "A", ''B", "C" & "D" attached hereto shall be and form part of
this by-law.
ENACTED AND PASSED ,rf(g£ DAY OF m 1970.
MAYOR