BYLAW - Interim Tax Levies - 20040113 - 449804FTHE CORPORATION OF THE TOWN OF AURORA
By-law Number 4498-04.F
BEING A BY-LAW to
levy an Interim
Property Tax Rate for
the taxation year
2004.
HEREAS Section 317 of the Municipal Act, 2001 as amended authorizes the
ouncil of a local municipality to pass a by-law before the adoption of the
timates for the year, to levy a separate tax rate on the assessment in each
operty tax class in the municipality;
ND WHEREAS the municipal Council of the Corporation of the Town of Aurora
s not adopted estimates for the year 2004:
NO WHEREAS the municipal Council of the Corporation of the Town of Aurora
ishes to impose an Interim Property Tax Levy as authorized by Section 317 of
t e Municipal Act, 2001 as amended;
OW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF
HE TOWN OF AURORA ENACTS AS FOLLOWS:
THAT the Council of the Corporation of the Town of Aurora is hereby
authorized to levy in 2004 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 2003 taxes levied
for each property.
THAT for new properties added to the last revised assessment roll, the said
interim property tax rates for 2004 for each of the property tax classes are
calculated at 50% of the year 2003 property tax rates as summarized within
Appendix "A" (attached hereto).
THAT the Director of Financerrreasurer 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.
THAT for the purposes of calculating the total 2003 taxes as noted in
paragraph 2, if any taxes were levied in 2003 for only part of the year
because assessment was added to the assessment roll during 2003, 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.
THAT taxes may be levied under this by-law on a property that is rateable for
2004, even if the property was not rateable for 2003, including assessment of
property that is added to the assessment roll after the by-law is passed.
THAT the said interim tax levy shall become due and payable in two
installments as follows:
First Installment
Second Installment
Monday, February 23, 2004
Monday, April 26, 2004
-2-
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, 2004.
THAT on all taxes levied pursuant to this by-law remaining unpaid as at
December 31, 2004, 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, 2004 and for each month or fraction thereof until such taxes are paid.
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.
1 . 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 2004.
1 .THAT the Director of Finance/Treasurer of the Corporation of the Town of
Aurora be authorized to extend the Tax Payment Plan beyond September
2004, should the need arise.
1 . 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 .
. 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 .
. THAT the provisions of this By-law shall come into force and take effect upon
third reading thereof.
EAD A FIRST AND SECOND TIME THIS 13th DAY OF JANUARY 2004.
EAD A THIRD TIME AND FINALLY PASSED THIS 13th DAY OF JANUARY
04.
(
APPENDIX "A"
INTERIM TAX RATES 2004
TAX CLASS
Residential I Farm-PIL General Rate
Residential and Farm
Multi-Residential
QUALIFIER
Commercial-Occupied PIL Full Rate
Commercial-Occupied PIL General Rate
Commercial-Provincial Occupied PIL Full Rate
Commercial-Occupied
Commercial-Excess Land
Commercial-Vacant Land
Shopping Centres-Excess Land
Industrial-Occupied PIL Full Rate
Industrial-Taxable Shared PIL Full Rate
Industrial Occupied
Industrial-Excess Land
Industrial-Vacant Land
Industrial-Farmland Awaiting Development
Large Industrial Occupied
Pipelines
Farmland
Managed Forests
Utility Transmission
Railway Right-of-ways PIL General Rate
Railway Right-of-ways
RG
RT
MT
CF
CG
CP
CT
cu
ex
su
IF
IH
IT
IU
IX
11
LT
PT
FT
TT
UT
WG
WT
TAX RATE
0.444333%
0.611833%
0.611833%
1.368149%
0.488766%
1.368149%
1.368149%
0.957705%
0.957705%
.957705%
1.594578%
1.594578%
1.594578%
1.036476%
1.036476%
0.152959%
1.594578%
1.301716%
0.152959%
0.152959%
10.213400%
1.045700%
1.045700%