04-16
COUNTY OF ELGIN
By-Law No. 04-16
"BEING A BY-LAW TO PROVIDE TO ESTABLISH THE 2004 TAX RATIOS
AND TO ESTABLISH THE 20Q4 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.
Elgin
the Municipal Council of the Corporation of the County of
NOW THEREFORE
enacts as follows:
attached
1 That the 2004 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 2004 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 Counci
That the large industrial class be chosen as an optional property class.
3
May 2004.
third time and finally passed this 25th day of May 2004.
()JJJl;.1!ç
David M. Rock,
Warden.
time this 25th day of
and second
READ a first
READ a
COUNTY OF ELGIN
BY-LAW 04-16
SCHEDULE A
Ratios
PROPERTY CLASS
2004
1.0000
2.3458
0.5000
1.6376
1.1463
2.2251
1.4463
2.8318
1.8407
1.1446
0.2500
0.2500
RESIDENTIAL/FARM
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
COUNTY OF ELGIN
BY·LAW 04-16
SCHEDULE B
2004
TAX RATES
PROPERTY CLASS
0.557487%
1.307753%
0.278744%
0.912941%
0.639059%
1.240465%
0.806302%
1.578692%
1.026150%
0.638100%
0.139372%
0.139372%
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
Definition: "Tax rate" means the tax rate to be levied against property
expressed as a percentage, to six decimal places, of the assessment
of the property.