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BYLAW - Set Levy Taxation Rates 2016 - 20160426 - 584716THE CORPORATION OF THE TOWN OF AURORA By-law Number 5847-16 BEING A BY-LAW to set and levy the rates of taxation for the taxation year 2016. WHEREAS for the purposes of raising the general local municipality levy, subsection 312(2) of the Municipal Act, 2001, S.O. 2001, C. 25, as amended (the "Act"), provides that a local municipality shall, each year, pass a by-law levying a separate tax rate, as specified in the by-law, on the assessment in each property class in the local municipality rateable for local municipality purposes; AND WHEREAS the Council of The Corporation of the Town of Aurora (the "Town") considers it necessary and desirable to levy certain tax rates on the whole of the rateable property according to the last revised assessment roll for the Town for the purpose of raising the Town's estimated tax levy requirement of $39,117,800 adopted for the taxation year 2016, and the said tax rates are included in the tax rates set out in Schedule "A" to this By-law; AND WHEREAS the property classes have been prescribed by the Minister of Finance under the Assessment Act, R.S.O. 1990, c. A.31, as amended, and Regulations thereto; AND WHEREAS The Regional Municipality of York has approved the tax rates and tax ratios to raise its estimated expenditures adopted for the year 2016; AND WHEREAS pursuant to Ontario Regulation 400/98, amended to Ontario Regulation 445/12, made under the Education Act, R.S.O. 1990, c. E.2, as amended, the Minister of Finance has established the Education Tax Rates for all property classes for the year 2016; AND WHEREAS on December 8, 2015, the Council of the Town enacted By-law Number 5786-15 which levied an Interim Property Tax on the Residential, Multi - Residential, Commercial, Industrial, Pipeline, Farmlands and Managed Forest classes of property, before the adoption of the estimates for the taxation year 2016; NOW THEREFORE, THE COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: 1. THAT for the property taxation year 2016, the Town shall levy upon the Residential Assessment, Multi -Residential Assessment, Commercial Assessment, Industrial Assessment, Pipeline Assessment, Farmland Assessment and Managed Forest Assessment the rates of taxation per current value assessment, as adjusted by the provisions of the Continued Protection for Property Taxpayers Act, S.O. 2000, c. 25, and which are set out in Schedule "A" to this By-law. 2. THAT the levy provided for in Schedule "A" to this By-law shall be reduced by the amount of the Interim Property Tax levy set out in By-law Number 5686-15 for the taxation year 2016 on the Residential, Multi -Residential, Commercial, Industrial, Pipeline, Farmlands and Managed Forest classes of property. 3. THAT for the payments -in -lieu of taxes due and payable to the Town, the actual amount due to the Town shall be based on the assessment roll as returned and the rates as prescribed in Schedule "A" to this By-law for the taxation year 2016, the revenue from which is considered as non -tax revenue for the Town in its budgets. 4. THAT for the railway right-of-way taxes due and payable to the Town in accordance with Ontario Regulation 387/98, as amended and as established by the Minister of Finance, the actual amount due to the Town shall be based By-law Number 5847-16 Page 2 of 3 on the assessment roll as returned and the rates as prescribed in Schedule "A" to this By-law for the taxation year 2016, the revenue from which is considered as tax revenue for the Town in its budgets. 5. THAT for the utility transmission line taxes due and payable to the Town in accordance with Ontario Regulation 387/98, as amended and as established by the Minister of Finance, the actual amount due to the Town shall be based on the assessment roll as returned and the rates as prescribed in Schedule "A" to this By-law for the taxation year 2016, the revenue from which is considered as tax revenue for the Town in its budgets. 6. THAT all rates and taxes levied under the authority of this By-law shall, pursuant to section 342 of the Act, be due and payable in two instalments on Monday, July 25, 2016 and Monday, September 26, 2016. These due dates are subject to amendment by the Director of Corporate & Financial Services - Treasurer, or his designate, if required, to meet the statutory notice period set out in section 343 of the Act, and may be changed for all properties in any or all property tax classes, but not for individual tax accounts. 7. THAT all taxes payable to the Town under the Pre -authorized Tax Payment Plans shall be due and payable on the last business day of each calendar month, starting in January 2016, and continuing as required until and including December 31, 2016, in the manner established for each of the said Plans. 8. THAT the Director of Corporate & Financial Services - Treasurer or his designate shall add to the Collector's Roll all or any municipal charges in arrears for water and sewer billings, cutting weeds, property standards infractions, or any other charges which should be levied pursuant to any statute or by-law against the respective properties chargeable therewith and that the same shall be collected in the same manner and at the same time as all other rates or levies. 9. THAT a late payment penalty charge at the rate of one and one quarter percent (1.25%) shall be levied on the non-payment of any instalment of the taxes or any portion thereof as at the first day of each calendar month following the instalment date. 10. THAT if any taxes levied pursuant to this By-law remain unpaid on the first day of the month following the date a late payment penalty charge was added pursuant to section 9 of this By-law, interest at the rate of one and one quarter percent (1.25%) of the unpaid taxes as at the date of calculation shall be levied, and likewise again on the first day of each month thereafter for as long as there are taxes remaining unpaid. 11. THAT partial payments are to be applied to accounts in accordance with section 347 of the Act. Despite the provisions of subsection 347(3) of the Act, the Director of Corporate & Financial Services - Treasurer or his designate shall apply all payments received, including partial payments, to accounts in a consistent manner. 12. THAT the Director of Corporate & Financial Services - Treasurer or his designate is hereby authorized to mail or cause to be mailed the notices specifying the amount of taxes payable by a person liable for property taxes, addressed to them at their place of residence or place of business. 13. THAT Schedule "A" attached hereto shall be and form a part of this By-law. 14. THAT where there is a conflict between a provision(s) of this By-law and any other by-law of the Town, the provision(s) of this By-law shall prevail to the extent of the conflict. 15. THAT in the event any part or provision of this By-law, including any part or provisions of a Schedule(s), is declared by a court of competent jurisdiction to be void, illegal or invalid, the offending part or provision shall be considered as separate, severable and struck out from the remaining parts or provisions of By-law Number 5847-16 Page 3 of 3 this By-law, which parts or provisions shall remain valid, binding and of full force and effect. 16. THAT the provisions of this By-law shall come into full force and effect on the date of final passage hereof. READ A FIRST AND SECOND TIME THIS 26rh DAY OF APRIL, 2016. READ A THIRD TIME AND FINALLY PASSED THIS 26th DAY OF APRIL, 2016. ApprouedastoForm _Za��Y DAWE, MAYOR ByL,` P_rvxes S!gnature_ Date:_t STEPHEN MVA. HUYWE, TOWN CLERK TOWN OF AURORA 2016 PROPERTY TAX RATES Schedule "A" to By-law Number 5847-16 TAX CLASS QUALIFIER 2016 Town Rate Residential Taxable: Full RT 0.335167% Multi -Residential Taxable: Full MT 0.335167% Commercial Taxable: Full CT 0.374449% Commercial Taxable: Excess Land CU 0.262114% Commercial Taxable: Vacant Land CX 0.262114% Office Buildings Taxable: Full DT 0.374449% Office Buildings Taxable: Excess Land DU 0.262114% Shopping Centre Taxable: Full ST 0.374449% Shopping Centre Taxable: Vacant Land SU 0.262114% Commercial New Construction Taxable: Full XT 0.374449% Commercial New Construction Taxable: Excess Land XU 0.262114% Office Buildings New Construction Taxable: Full YT 0.374449% Office Buildings New Construction Taxable: Excess Land YU 0.262114% Shopping Centre New Construction Taxable: Full ZT 0.374449% Shopping Centre New Construction Taxable: Excess Land ZU 0.262114% Industrial Taxable: Full IT 0.439874% Industrial Taxable: Full Shared as PIL IH 0.439874% Industrial Taxable: Excess Land IU 0.285918% Industrial Taxable: Vacant Land IX 0.285918% Industrial Taxable: New Construction Taxable: Full JT 0.439874% Industrial Taxable: New Construction Taxable: Excess Land JU 0.285918% Large Industrial Taxable: Full LT 0.439874% Pipelines Taxable: Full PT 0.308019% Farm Taxable: Full FT 0.083792% Managed Forests Taxable: Full TT 0.083792% Railway Right -of -Way Taxable: Full WT $ 279.79 Utility Trans/Distrib Taxable: Full -Shared as PIL UH $ 381.71 PAYMENT IN LIEU CLASS QUALIFIER Aurora Rates Residential PIL General Rate FIG 0.335167% Commercial PIL Full Rate CF 0.374449% Commercial PIL General Rate CG 0.374449% Commercial PIL Tenant of the Province CID 0.374449% Commercial PIL General Rate - Excess Land CW 0.262114% Industrial PIL General Rate -Vacant Land IZ 0.285918% Railway Right -of -Way PIL General Rate WG $ 279.79 For all properties, property taxes are calculated by multiplying the assessed value by the appropriate rate above. Example calculation: $100,000 RT assessment x .3355167= $335.17 (Aurora's portion of property taxes due)