03-19
COUNTY OF ELGIN
By-Law No. 03-19
BEING A BY-LAW TO PROVIDE TO ESTABLISH THE 2003 TAX RATIOS
AND TO ESTABLISH THE 2003 TAX RATES FOR THE
COUNTY CONSTITUENT MUNICIPALITIES
WHEREAS Section 308(5) of the Municipal Act, 2001, S.O. 2001, c.25, provides
that the Council of an upper-tier municipality shall in each year establish the tax ratios for
that year for the upper-tier municipality and its lower-tier municipalities and
WHEREAS Section 308(7) of the Municipal Act, 2001, S.O. 2001, c.25, provides
that the Council of each upper-tier municipality establish for each property class, a single
tax ratio for the upper-tier municipality and its lower-tier municipalities; and,
WHEREAS Section 308(15-18) of the Municipal Act, 2001, S.O. 2001, c.25,
provides that the Council of each upper-tier municipality may opt to have certain optional
property classes apply within the County.
the Municipal Council of the Corporation of the County of Elgin
NOW THEREFORE
enacts as follows
attached
1 That the 2003 tax ratios for the County of Elgin set out on Schedule "A'
hereto and forming part of this by-law, be approved and adopted by Counci
2. That the 2003 tax rates for the assessment in each property class set out in
Schedule "B", attached hereto and forming part of this by-law, be approved and adopted
by Council
That the large Industrial class be chosen as an optional property class
3
May 2003
May 2003
this 2ih day of
time this 2ih day of
time and finally passed
and second
third
READ a first
READ a
COUNTY OF ELGIN
BY-LAW 03-19
SCHEDULE A
PROPERTY CLASS 2003
TAX RATIO
RESIDENTIAL/FARM 1.0000
MULTI-RESIDENTIAL 2.3458
FARMLAND AWAITING DEVELOPMENT - RESEDENTIAL 0.5000
COMMERCIAL OCCUPIED 1.6376
COMMERCIAL VACANT LAND 1.1463
INDUSTRIAL OCCUPIED 2.2251
INDUSTRIAL VACANT LAND 1 .4463
LARGE INDUSTRIAL OCCUPIED 2.8318
LARGE INDUSTRIAL VACANT 1.8407
PIPELINES 1.1446
FARM 0.2500
MANAGED FORESTS 0.2500
5/16/03
03 tax calculation
2003 Levy By-Law
COUNTY OF ELGIN
BY-LAW 03 -19
SCHEDULE B
2003
TAX RATES
PROPERTY CLASS
0.500975%
1.175188%
0.250488%
0.820397%
0.574278%
1.114720%
0.724568%
1 .418662%
0.922130%
0.573416%
0.125244%
0.125244%
RESIDENTIAL
MULTI-RESIDENTIAL
FARMLAND AWAITING DEVELOPMENT - RESIDENTIAL
COMMERCIAL OCCUPIED
COMMERCIAL VACANT LAND
INDUSTRIAL OCCUPIED
INDUSTRIAL VACANT LAND
LARGE INDUSTRIAL OCCUPIED
LARGE INDUSTRIAL VACANT
PIPELINES
FARM
MANAGED FORESTS
the tax rate to be levied against property
to six decimal places, of the assessment
Definition: "Tax rate" means
expressed as a percentage,
of the property.
SI16103
03 tax calculation
2003 Levy By-Law