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05-06 COUNTY OF ELGIN By-Law No. 05-06 "BEING A BY-LAW TO PROVIDE FOR THE ADOPTION OF THE 2005 BUDGET OF THE CORPORATION OF THE COUNTY OF ELGIN AND TO ESTABLISH THE 2005 TAX RATIOS, AND TO ESTABLISH THE 2005 TAX RATES FOR THE COUNTY CONSTITUENT MUNICIPALITIES WHEREAS Section 289 of the Municipal Act, 2001, S.O. 2001, c.25, provides that the Council of each upper-tier municipality shall in each year prepare and adopt estimates of all sums required during the year for the purposes of the upper-tier municipality; and 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 optiona 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 2005 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 2005 budget of the County of Elgin set out on Schedule "B", attached hereto and forming part of this by-law, which incorporates estimates for revenue and for expenditures be approved and adopted by Council. 3. That the 2005 tax rates for the assessment in each property class set out in Schedule "C", 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 4 March 2005 this 8th day of time and second READ a first March 2005 this 8th day of me and finally passed L ~G-,...Mc.Do.lJ , Administrative Officer. READ a Chief ti third COUNTY OF ELGIN BY-LAW 05 - 06 SCHEDULE A Ratios PROPERTY CLASS 2005 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 05 - 06 SCHEDULE B 2005 TAX LEVY 2005 ESTIMATED REVENUES 2005 ESTIMATED EXPENDITURES (370,186) (150,000) 125,000 (65,000) 18,100 551,486 (29,695) 2,530,339 (105,508) 2,399,807 382,631 211,331 1,215,174 63,350 35,550 50,000 300,000 (596,029) 11,250 5,000 75,000 606,603 (6,016,000) 5,680,212 36,000 2,000 10,000 1,232,809 246,022 316,898 365,591 409,829 221,200 444,015 2,656,259 4,006,322 31,876 125,473 1,590,614 209,074 370,186 150,000 65,000 267,050 - 63,000 11,447,767 22,600 152,739 3,000 96,700 725,900 3,411,100 380,000 596,029 33,700 6,016,000 125,000 1,232,809 246,022 316,898 365,591 409,829 488,250 444,015 2,719,259 15,454,089 31,876 148,073 1,743,353 212,074 96,700 18,100 551 ,486 696,205 5,941,439 274,492 2,399,807 382,631 211,331 1,215,174 63,350 35,550 50,000 300,000 11,250 5,000 75,000 606,603 33,700 5,680,212 36,000 2,000 10,000 SURPLUS FROM PRIOR YEAR SUPPLEMENTARY TAXES TAXES WRITTEN OFF INTEREST CHARGES & INCOME FEES - KETTLE CREEK CONSERVATION HEALTH UNIT, COUNCIL MEMBERS & LOCAL BOARDS ADMINISTRATIVE SERVICES FINANCIAL SERVICES HUMAN RESOURCES ADMINISTRATION BUILDING CORPORATE EXPENDITURES ENGINEERING DEPARTMENT ELGIN COUNTY HOMES AGRICULTURE PIONEER MUSEUM COUNTY LIBRARY ARCHIVES LAND DIVISION EMERGENCY SERVICES INFORMATION TECHNOLOGIES PROVINCIAL OFFENSES AMBULANCE SERVICES COLLECTIONS - POA SOCIAL SERVICES & ONTARIO WORKS ADMINISTRATIVE FEE - CITY OF ST. THOMAS CHILD CARE SOCIAL HOUSING GRANTS ELGIN TOURIST ASSOCIATION RESERVE FOR MILL RATE STABILIZATION RESERVE FOR WSIB RENTAL INCOME (HEALTH UNIT) RESERVE FOR INSURANCE DEDUCTIBLES RESERVE FOR PERFORMANCE EXCELLENCE RESERVE FOR PAY EQUITY PROPERTY ASSESSMENT POLICE SERVICES BOARD COMMUNITY REINVESTMENT FUND TRANSFER TO CAPITAL TOURISM OFFICER JOINT ACCESSIBILITY COMMITTEE RESERVE FOR ORTHODONTICS 18,832,397 408,194 18,424,203 23,800,771 42,633,168 TOTAL BUDGET Less: P.I.L.'s TOTAL LEVY COUNTY OF ELGIN BY-LAW 05 - 06 SCHEDULE C PROPERTY CLASS 2005 TAX RATES RESIDENTIAL 0.577627% MULTI-RESIDENTIAL 1.354996% FARMLAND AWAITING DEVELOPMENT - RESIDENTIAL 0.288813% COMMERCIAL OCCUPIED 0.945921 % COMMERCIAL VACANT LAND 0.662145% INDUSTRIAL OCCUPIED 1 .285277% INDUSTRIAL VACANT LAND 0.835430% LARGE INDUSTRIAL OCCUPIED 1.635723% LARGE INDUSTRIAL VACANT 1.063220% PIPELINES 0.661151% FARM 0.144407% MANAGED FORESTS 0.144407% 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.