BYLAW - 2005 Interim Tax Levy - 20050125 - 463205FTHE CORPORATION OF THE TOWN OF AURORA
By-law Number 4632-05.F
BEING A BY-LAW to
levy an Interim Property
Tax Rate for the taxation
year 2005.
WHEREAS Section 317 of the Municipal Act, 2001, 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 2005;
AND WHEREAS the municipal Council of The Corporation of the Town of Aurora
wishes to impose an Interim Property Tax Levy as authorized by Section 317 of the
Municipal Act, 2001, 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 2005 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 2004 taxes levied
for each property.
2. THAT for new properties added to the last revised assessment roll, the said
interim property tax rates for 2005 for each of the property tax classes are
calculated at 50% of the 2004 property tax rates as summarized within
Schedule A attached hereto and forming part of this by-law.
3. THAT the Director of Finance/Treasurer of The Corporation of the Town of
Aurora is 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 2004 taxes as noted in
paragraph 2, if any taxes were levied in 2004 for only part of the year because
assessment was added to the assessment roll during 2004, 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
2005, even if the property was not rateable for 2004, including assessment of
property that is added to the assessment roll after the by-law is passed.
By-law Number 4632-05.0
Page 2 of2
6. THAT the said interim tax levy shall become due and payable in two
installments as follows:
First Installment
Second Installment
Tuesday, February 22, 2005
Friday, April 15, 2005
7. THAT on all taxes which remain unpaid on the due date, interest at the rate 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, 2005.
8. THAT on all taxes levied pursuant to this by-law remaining unpaid as at
December 31, 2005, 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,
2005 and for each month or fraction thereof until such taxes are paid.
9. THAT 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 2005.
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
2005, should the need arise.
12. THAT the Director of Finance/Treasurer of The Corporation of 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 of 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 by-law.
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 25th DAY OF JANUARY 2005.
READ A THIRD TIME AND FINALLY PASSED THIS 25th DAY OF JANUARY 2005.
B. TOWN CLERK
SCHEDULE A
BY-LAW 4632-0S.F
INTERIM TAX RATES 2005
TAX CLASS QUALIFIER
RATE
Residential/ Farm-PIL General Rate RG
Residential and Farm RT
Multi-Residential MT
Commerciai"Occupied PIL Full Rate CF
Commercial-Occupied PIL General Rate CG
Commercial-Provincial Occupied PIL Full Rate CP
Commercial-Occupied CT
Commercial-Excess Land CU
Commercial-Vacant Land CX
Shopping Centres-Occupied ST
Shopping Centres-Excess Land SU
Industrial-Occupied PIL Full Rate IF
lndustrialcTaxable Shared PIL Full Rate IH
Industrial Occupied IT
Industrial-Excess Land IU
Industrial-Vacant Land IX
lndustriai"Farmland Awaiting Development 11
Large Industrial Occupied L T
Pipelines PT
Farmland FT
Managed Forests TT
Utility Transmission UT
Railway Right-of-ways PIL General Rate WG
Railway Right-of-ways WT
0.409294%
0.557294%
0.557294%
1.335595%
0.494018%
1.335595%
1.335595%
0.934917%
0.934917%
1.335595%
.934917%
1.498195%
1.498195%
1.498195%
0.973827%
0.983827%
0.139324%
1.498195%
1.260441%
0.139324%
0.139324%
10.213400%
3.056650%
3.056650%