BYLAW - Interim Tax Rates for 2002 - 20011211 - 432001FTHE CORPORATION OF THE TOWN OF AURORA
By-law Number 4320-01.F
BEING A BY-LAW to levy
an Interim Tax Rate for
the year 2002.
WHEREAS Section 370 (1) of the Municipal Act, R.S.O. 1990, as amended authorizes
the Council of a local municipality to pass a by-law before the adoption of the estimates
for the year, to levy a separate tax rate on the assessment in each property tax class
in the municipality;
AND WHEREAS the municipal Council of the Corporation of the Town of Aurora has not
adopted estimates for the year 2002:
AND WHEREAS the municipal Council of the Corporation of the Town of Aurora wishes
to impose an Interim Tax Levy as authorized by Section 370 of the Municipal Act R.S.O.
1990 as amended;
NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE
TOWN OF AURORA ENACTS AS FOLLOWS:
1. THAT the Council of the Corporation of the Town of Aurora is hereby authorized
to levy in 2002 on the whole assessment of all taxable assessed property
according to the last revised assessment roll, the sum required to produce an
amount not exceeding fifty percent (50%) of the 2001 taxes levied for each
property.
2. THAT for new properties added to the last revised assessment roll, the said
interim tax rates for 2002 for each of the property tax classes are calculated at
50% of the year 2001 property tax rates as summarized within Appendix "A"
(attached hereto).
3. THAT the Director of Finance/Treasurer of the Corporation of the Town of Aurora
be authorized to amend in whole or in part any billing issued under this by-law to
comply with any provincial legislation which may be introduced by the Province
of Ontario prior to or after the issuance of the interim billing.
4. THAT for the purposes of calculating the total 2001 taxes as noted in paragraph
2, if any taxes were levied in 2001 for only part of the year because assessment
was added to the assessment roll during 2001, an amount shall be added equal
to the additional taxes that would have been levied if the taxes had been levied
for the entire year.
5. THAT taxes may be levied under this by-law on a property that is rateable for
2002, even if the property was not rateable for 2001, including assessment of
property that is added to the assessment roll after the by-law is passed.
6. THAT the said interim tax levy shall become due and payable in two instalments
as follows:
First Installment
Second Installment
Monday, February 25, 2002
Wednesday, April 24, 2002
7. THAT on all taxes which remain unpaid on the due date, a penalty of one and
one quarter per cent (1 1/4% per month) (15 % per annum) of the taxes
remaining unpaid shall be levied on the first day of each calendar month
thereafter in which the default continues until December 31, 2002.
By-law No. 4320-0l.F Page2
8. THAT on all taxes levied pursuant to this by-law remaining unpaid as at
December 31, 2002, interest at the rate of one and one quarter per cent (1
1/4%)(15% per annum) of the unpaid taxes shall be levied from December 31,
2002 and for each month or fraction thereof until such taxes are paid.
9. THAT penalties and interest added on all taxes of the interim tax levy in default
shall become due and payable and shall be collected forthwith as if the same had
originally been imposed and formed part of such unpaid interim tax levy.
10. THAT all taxes payable under Tax Payment Plans, shall be due and payable on
the last business day of each calendar month, starting in January and continuing
until September in the year 2002.
11. THAT the Director of Finance/Treasurer of the Corporation of the Town of Aurora
be authorized to extend the Tax Payment Plan beyond September 2002, should
the need arise.
12. THAT the Director of Finance/Treasurer of the Corporation for the Town of
Aurora mail or cause to be mailed to the residence or place of business of such
person indicated on the last revised assessment roll a written or printed notice
specifying the amount of taxes payable.
13. THAT the Director of Finance/Treasurer of the Corporation for the Town of
Aurora be authorized to adjust the billing schedule and tax rate set out herewith,
if required, in order to comply with Provincial legislation or regulations which may
be received subsequent to the passing of this bylaw.
14. THAT the provisions of this By-law shall come into force and take effect upon
third reading thereof.
READ A FIRST AND SECOND TIME THIS 11th DAY OF DECEMBER 2001.
READ A THIRD TIME AND FINALLY PASSED THIS 11th DAY OF DECEMBER 2001.
B. PANIZZA, TOWN CLERK
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By-law No. 4320-0l.F
APPENDIX "A"
INTERIM TAX RATES 2002
TAX CLASS QUALIFIER
Residential I Farm-PIL General Rate RG
Residential and Farm-PIL Full Rate RP
Residential and Farm RT
Multi-Residentiai-PIL Full Rate MP
Multi-Residential MT
Commercial-Occupied PIL Full Rate CF
Commercial-Occupied PIL General Rate CG
Commercial-Occupied CM
Commercial-Provincial Occupied PIL Full Rate
Commercial-Occupied
Commercial-Excess Land
Commercial-Vacant Land
Shopping Centres-Occupied
Shopping Centres-Excess Land
lndustrialcOccupied PIL Full Rate
Industrial Occupied
Industrial-Excess Land
Industrial-Vacant Land
Industrial-Farmland Awaiting Development
Large Industrial Occupied
Large Industrial-Excess Land
Pipelines
Farmland
Managed Forests
Utility Transmission
Railway Right-of-ways
1.491515%
CT
cu
ex
ST
su
IF
IT
IU
IX
11
LT
LU
PT
FT
TT
UT
WT
Page3
TAX RATE
0.445916%
0.632416%
0.632416%
0.922260%
0.922260%
1.491515%
0.490507%
0.490507%
CP
1.491515%
1.044061%
1.044061%
1.491515%
1.044061%
1.831251%
1.831251%
1.190313%
1.190313%
0.158104%
1.831251%
1.190313%
1.325145%
0.158104%
0.158104%
10.258400%
2.582900%