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25-10 Budget By-LawCOUNTY OF ELGIN By -Law No. 25-10 "BEING A BY-LAW TO PROVIDE FOR THE ADOPTION OF THE 2025 BUDGET OF THE CORPORATION OF THE COUNTY OF ELGIN AND TO ESTABLISH THE 2025 TAX RATIOS, AND 2025 TAX RATES FOR THE SAID THE CORPORATION OF THE COUNTY OF ELGIN AND ITS CONSTITUENT LOWER TIER MUNICIPALITIES" WHEREAS, for purposes of the Municipal Act, 2001, S.O. 2001, c. 25, as amended, (hereinafter "Act"), the Corporation of the County of Elgin is an upper -tier municipality; and, WHEREAS Section 289 of the Act provides that the Council of each upper -tier municipality shall in each year prepare and adopt a budget including estimates of all sums required during the year for the purposes of the upper -tier municipality; and, WHEREAS Section 308(5) of the Act provides that the Council of an upper -tier municipality shall in each year establish tax ratios for that year for the upper -tier municipality and its lower -tier municipalities; and, WHEREAS Section 308(7) of the Act provides that the Council of each upper -tier municipality shall in each year establish, for each property class, a single tax ratio for the upper -tier municipality and its lower -tier municipalities; and, WHEREAS Section 308(15) through Section 308(18) of the Act provides that the Council of each municipality may in each year opt to have certain optional property classes apply within the County; and, WHEREAS Section 308.1(5) of the Act provides that an upper -tier municipality that intends to apply a tax ratio of less than 0.25 to the farm property class for a tax year shall pass a by- law in the year to establish the tax ratio for that year for the farm property class. WHEREAS Section 22 of Regulation 282/98 made under the Assessment Act, R.S.O. 1990, c. A.31, as amended, has given municipalities the option to reduce the property tax rate on qualifying value-added activities that occur on farms as part of the farming business to 75 per cent lower than the industrial or commercial tax rates that would otherwise apply; and, WHEREAS the local municipally owned landfill sites in the Municipalities of Dutton Dunwich and West Elgin did not previously pay property tax in respect of those properties to the Corporation of the County of Elgin, as their associated upper -tier municipality until an amendment to the taxation regulations created such an obligation, and, further thereto, the Corporation of the County of Elgin finds that the landfill tax ratio, when applied, unfairly penalizes the said local municipalities; and, WHEREAS, notwithstanding that set forth immediately above, it is necessary to apply the revenue neutral landfill ratio/tax rate; and, WHEREAS Section 107 (1) of the Act provides that Council may make grants to any person, group or body Council deems in the interest of the municipality. NOW, THEREFORE, the Municipal Council ("Council') of the Corporation of the County of Elgin enacts as follows: THAT the large industrial class remain as an optional property class. 2. THAT the optional 75% reduction in the Small -Scale On -Farm Business Sub - Class tax ratio be maintained for the first subclass for the commercial and industrial property classes to a total of $50,000 per subclass. 3. THAT The Corporation of the Municipality of Dutton Dunwich and The Corporation of the Municipality of West Elgin each receive a grant in an amount that is equal to the full portion of the County property taxes on the landfill portion of the assessment of property that these municipalities use for the disposal of waste collected from local residents. 4. THAT the 2025 tax ratios for the Corporation of the County of Elgin as set out on Schedule "A" attached hereto be approved and adopted by Council. 5. THAT the 2025 tax rates for the assessment in each property class for the Corporation of the County of Elgin as set out in Schedule "B" attached hereto be approved and adopted by Council. 6. THAT the 2025 budget for the Corporation of the County of Elgin as set out on Schedule "C" attached hereto, incorporating estimates for revenue and expenditures, be approved and adopted by Council. 7. THAT the 2025 ten-year capital plan for the Corporation of the County of Elgin as set out in Schedule "D" attached hereto be approved and adopted by Council. 8. THAT, for purposes of clarity, all Schedules hereto form part of this By -Law. READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 11T" DAY OF MARCH 2O25. rz = Blaine Parkin, Chief Administrative Officer/Clerk. Schedule A Property Class Residential 2024 2025 Farmland Awaiting Dev.'II 1111i i /1i11 New Multi -Residential. Ilfli iillil Multi -Residential Commercial - OccupiGd Commercial - Small Value Added Farm (I st 50K) Commercial - Small Value Added Farm (2nd 50K) Commercial -Vacant Land Industrial - Occupied 'll� 1i ii Industrial - Small Value Added Farm (2nd 50K)_®1i i III • i1 Industrial - Small Value Added Farm (1 st 50K) 1111MMMM7 myr-r.77 M.W_ "a. Large Industrial - Occupied Large Industrial - Vacant Aggregate Extraction ill Managed Forests Schedule B Property Class Residential I I 0.684347% 0.694535% R = 1.49% Farmland Awaiting Dev- 0.342174% 0.347268% 1.49% Now Multi -Residential 0.684347% 0.694535% 1.49% Multi -Residential 1.368626% 1.389001% 1.49% Commercial - Occupied 1.120686% 1-137371% 1.49% Commercial - Small Value Added Farm (1 st Subclass) 0.280172% 0.284343% 1.49% Commercial - Small Value Added Farm (2nd Subclass) 0.280172% 0.284343% 1.49% Commercial -Vacant Land 1.120686% 1.137371% 1.49%® Industrial - Occupied 1.522742% 1.545410% 1.49% Industrial - Small Value Added Farm (1st Subclass) 0.380686% 0.386353% 1.49% Industrial - Small Value Added Farm (2nd Subclass) 0.380686% 0.386353% 1.49% Industrial - Vacant Land 1.522742% 1.545410% 1.49% Large Industrial - Occupied 1.937934% 1.966784% 1.49%© Large Industrial - Vacant 1.937934% 1.966784% 1.49% Aggregate Extraction NA 1.257510% 1.49% Pipelines 0.783304% 0.794965% 1.49% Farm 0.157400% 0.159743% 1.49% Managed Forests 0.171087% 0.173634% 1.49%© Landfill 22.858996%1 23.199301%1 1_4��/J, 0 r--rNwvm a - t tDWNzww moo M OnoWmcom M 0) LO 00 C4 co 0 8 co cc! 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