BYLAW - Set and Levy Property Tax Rates - 20080513 - 5026FTHE CORPORA TJON OF THE TOWN OF AURORA
By-law Number 5026-0B.F
BEING A BY-LAW to set and levy the Rates of
Taxation for the year 2008.
WHEREAS it is necessary for the Council of the Corporation of the Town of Aurora (the
"Town") to levy pursuant to the Municipal Act, 2001 S. 0. 2001 c. 25 as amended (the
"Act"), 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
expenditures adopted for the year 2008, and these tax rates are included in the tax
rates shown on Schedule "A" to this by-Jaw;
AND WHEREAS the property classes have been prescribed by the Minister of Finance
under the Assessment Act, R.S.O. 1990 ch.A.31 as amended and Regulations thereto;
AND WHEREAS The Regional Municipality of York has approved the tax rates and tax
ratios to raise their estimated expenditures adopted for the year 2008, an these tax
rates are included in the tax rates shown on Schedule "A" to this by-law;
AND WHEREAS pursuant to Ontario Regulation 400/98 as amended by Ontario
Regulation 98/06, the Minister of Finance has established the Education Tax Rates for
all property classes for the year 2008, and these tax rates are included in the tax rates
shown on Schedule "A" to this by-law;
AND WHEREAS an Interim Tax Levy was made on the Residential, Multi-Residential,
Commercial, Industrial, Pipeline, Farmlands and Managed Forest classes of property,
before the adoption of the estimates for 2008 year;
NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE
TOWN OF AURORA ENACTS AS FOLLOWS:
1. THAT for the year 2008, The Corporation of the Town of Aurora 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 Bill 140, as set out in the
Schedule "A" attached to this By-law;
2. THAT the estimates for the current year are as set forth in Schedule "A"
attached to this by-law;
3. THAT the levy provided for in Schedule "A" attached to this By-law shall be
reduced by the amount of the interim levy for 2008 on the Residential, Multi-
Residential, Commercial, Industrial, Pipeline, Farmlands and Managed Forest
classes of property;
4. THAT for the payments-in-lieu of taxes due to The Corporation of The Town of
Aurora, the actual amount due to The Corporation of the Town of Aurora shall
be based on the assessment roll and the tax rates as prescribed in Schedule "A"
for the year 2008.
5. THAT for the railway rights of way taxes due to The Corporation of the Town of
Aurora in accordance with the Regulations as established by the Minister of
Finance, the actual amount due to The Corporation of the Town of Aurora shall
be based on the assessment roll and the tax rates as prescribed in·Schedule "A"
for the year 2008.
6. THAT for the utility transmission line taxes due to The Corporation of the Town
of Aurora in accordance with the Regulations as established by the Minister of
Finance, the actual amount due to The Corporation of the Town of Aurora shall
be based on the assessment roll and the tax rates as prescribed in Schedule "A"
for the year 2008.
By-law No 5026-08.F Page 2
7. THAT all taxes levied under the authority of this By-law, shall be due and
payable in two instalments on Friday, July 25, 2008 and Wednesday, September
24, 2008. These due dates are subject to amendment by the Treasurer, if
required, to meet the statutory notice period required in the Act.
8. THAT all taxes payable under the Pre-authorized Tax Payment Plans, shall be
due and payable on the last business day of each calendar month, starting in
January and continuing as required until December, 2008.
9. THAT the Treasurer shall add to the Collector's Roll all or any Municipal charges
in arrears for Water and Sewer Billings, Cutting Weeds, Property Standard
Infractions, or any other charges which should be levied pursuant to any Statue
or By-law against the respective properties chargeable therewith and that the
same shall be collected by the Treasurer in the same manner and at the same
time as all other rates or levies.
10. THAT interest at the rate of one and one quarter percent (1.25%), (15.0% per
annum), shall be levied on the non-payment of any instalment of the taxes or
any portion thereof on the first day of each calendar month following default, but
not after the 31st day of December, 2008.
11. THAT if any taxes levied pursuant to this by-law remain unpaid as at December
31, 2008, interest at the rate of one and one quarter percent (1.25%) (15.0% per
annum) of the unpaid taxes shall be levied from January 1st, 2009 for each
month or fraction thereof until such taxes are paid.
12. THAT if in default of any instalment by the day named for payment thereof, the
subsequent instalments shall forthwith become due and payable.
13. THAT the Treasurer 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.
14. THAT the Treasurer shall apply all payments received, including partial
payments to accounts on a consistent basis.
15. THAT Schedule "A" attached hereto shall be and form a part of the By-law.
16. THAT the provisions of this By-law shall come into force and take effect upon
third reading thereof.
17. THAT where there is a conflict between a provision(s) of this by-law and any
other by-law of the Town of Aurora, the provision(s) of this by-law shall prevail to
the extent of the conflict.
18. THAT in the event any part or provision, 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 this by-law
which parts or provisions shall remain valid, binding and of full force and effect.
READ A FIRST AND SECOND TIME THIS 13TH DAY OF MAY, 2008.
READ A THIRD TIME AND FINALLY PASSED THIS 13TH DAY OF MAY, 2008.
PHYLLIS M. MORRIS, MAYOR B. P&t:,NICIPAL CLERK
TOWNnF AURORA
2008 PR(
SCHEDULE'·,
"YTAX RATES
"BY-LAW 5026-0B.F
ATTACHMENT #2 TO FINANCIAL SERVICES GENERAL COMMITTEE REPORT FSOB-021
May 6, 2008
TAX CLASS QUALIFIER! Assessment Town of Aurora Region of York
Tax Rates I Tax Levy
Education TOTAL
2008 RATE Tax Rates TaX Levy Tax Rates I Tax Levy
Residential Taxable: Full RT $ ;2o;s·91 ,356_ 0.00515464 ~3~~;~T~;a~~:_-o.oo264ooo -::-';:~·,_-:lf4~~a:3.~2~· o.o1156610
Multi-Residential Taxable: Full MT $ 27~,002 0.00515464 $ ''381.;326 0.00264000 $ .J195,300 0.01156610
Commercial Taxable: Full CT 0.00455215 $ ,1,956,061 0.00622165 $ . 2,673;446 0.01492897 $ . '6',414,~87"-. 0.02570277
Commercial Taxable: Excess Land CU 0.00318650 $ 29;6TO. 0.00435516 $ 40;551 0.01045028 $ ·st;3o3· 0.01799194
Commercial Taxable: Vacant Land CX 0.00318650 $ 184,929 0.00435516 $ 252',751". 0.01045028 $ 606"i482 0.01799194
Office Buildings TaXable: Full OT 0.00455215 $ 212,205 0.00622165 $ 290,03_1. 0.01492897 $ . 695;934
Office Buildings Taxable: Excess Land DU 0.00318650 $ 13,555 0.00435516 $ 18,52_7 0.01045028 $ :~;455
Shopping Centre Taxable: Full ST 0.00455215 $ 388;142 0.00622165 $ 530;493 0.01492897 _$ :_1,272,928 0.02570277
Shopping Centre Taxable: Vacant Land SU 0.00318650 $ 6.800 0.00435516 $ 9,294 0.01045028 $ 22,300 0.01799194
Industrial Taxable: Full IT 0.00518085 $ 393,920 0.00708093 5s.s',3·so · o.o1656911 0.02883089
Industrial Taxable: Full Shared as PIL IH 0.00518085 $ .15,750 0.00708093 2_1·,526 0.01656911 0.02883089
Industrial Taxable: Excess Land IU 0.00336755 $ 27,196 0.00460260 0."01076992 0.01874008
Industrial Taxable: Vacant Land IX 0.00336755 $ s1;tw -. o.oo46026o 0.01076992 0.01874008
Industrial Taxable: Farmland 1 11 0.00094286 $ 1yi37_ 0.00128866 0.00066000 0.00289152
Large Industrial Taxable: Full L T 0.00518085 $ 28_0;400 0.00708093 0.01656911 0.02883089
Pipelines Taxable: Full PT 0.00346597 $ 3.1~_~04· 0.00473711 0.01752935 0.02573243
Farm Taxable: Full FT 0.00094286 ~1.;825, 0.00128866 0.00066000 0.00289152
Managed Forests Taxable: Full TT 0.00094286 7.14 0.00128866 0.00066000 0.00289152
R~ilway Right~of~Way Taxable: Full WT 258.88 $ 3,632 $ 352.45 $ 822.69
Railway Right~of~Way ~ Trf Educ to Town WT $ 1:1,542 .
Utility Trans/Distrib Taxable: Fuii~Shared as PIL UH 353.18 $ 19,266 $ 480.84 $ 26;230' . $ 1 ,208.66
Utility Trans/Disrib ~ Trf Educ to Town UH $ 65,932
Total $ 24,706,656 $ 33,661,796
PAYMENT IN LIEU CLASS I QUALIFIER I Assessment I Town of Aurora RegiOn Of YOrk EducatiOrl ____ --TOtAL
Tax Rates Tax Levy Tax Rates Tax Levy Tax Rates Tax Levy 2008 RATE
Residential PIL General Rate RG 0.00377146 $ 5,887 0.00515464 $ 8,046 $ 0.00892610
Commercial PIL Full Rat~ CF 0.00455215 $ 25,099 :0.00622165 $ 34,304 0.01492897 $ 8'2,3.13 0.02570277
Commercial PIL General Rate CG 0.00455215 $ 83;910 0.00622165 $ 114,684 $ 0.01077380
Commercial PIL Tenant of the Province CP 0.00455215 $ 20,439 0,00622165 $ 27,93:4 0.01492897 $. 61,029 0.02570277
Multi-residential PIL General Rate MG 0.00377146 $ 800 0.00515464 $ 1,093':. '$ 0.00892610
Railway Right-of-Way PIL General Rate WG $ 258.88 $ 12,522 $ 352.45 $ 1:7,Q48. $'
Transfer Non-shared EducatiOn To ToWn $. 82,313 $ . (82;313)
Total $ 230i969' $<. $ <67-,029