17-17 Amended 17-10 2017 Budget COUNTY OF ELGIN
By-Law No. 17-17
"BEING A BY-LAW TO AMEND BY-LAW 17-10 BEING A BY-LAW TO PROVIDE FOR
THE ADOPTION OF THE 2017 BUDGET OF THE CORPORATION OF THE COUNTY
OF ELGIN AND TO ESTABLISH THE 2017 TAX RATIOS, AND TO ESTABLISH THE
2017 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 Elgin County Council did pass By-Law 17-10 adopting the 2017 Budget
and establishing tax ratios and tax rates; and,
WHEREAS province's Fair Housing Plan announced on April 20, 2017 is creating a
mandatory New Multi-Residential property class province-wide; and,
WHEREAS it is necessary set a tax ratio and rate for the New Multi-Residential
property class; and,
WHEREAS a final adjustment is required to the Landfill tax ratio and rate; and,
WHEREAS it is necessary to amend said by-law to set a tax ratio and rate for the
New Multi-Residential property class and a Landfill tax ratio and rate;
NOW THEREFORE the Municipal Council of the Corporation of the County of Elgin
enacts as follows:
1. THAT the 2017 tax ratios and rates for the assessment in each property class set
out in Schedules "A" and "C", attached hereto, be approved and adopted by Council; and,
2. THAT the 2017 tax rates for the assessment in each property class set out in
Schedules "A" and "C" of By-Law 17-10 be amended as attached hereto.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 13TH DAY OF
JUNE 2017.
4L /I
Mark-G McDonald, `'r.nt Jones,
Chief Administrative Officer. Warden.
Attachment
COUNTY OF ELGIN
By-Law 17-17
SCHEDULE A
Ratios
PROPERTY CLASS
2017 2016
RESIDENTIAL/FARM 1.0000 1.0000
FARMLAND AWAITING DEVELOPMENT-RESIDENTIAL 0.5000 0.5000
NEW MULTI-RESIDENTIAL 1.0000
MULTI-RESIDENTIAL 1.9999 * 2.3458
COMMERCIAL OCCUPIED 1.6376 1.6376
COMMERCIAL VACANT LAND 1.1463 1.1463
INDUSTRIAL OCCUPIED 2.2251 2.2251
INDUSTRIAL VACANT LAND 1.4463 1.4463
LARGE INDUSTRIAL OCCUPIED 2.8318 2.8318
LARGE INDUSTRIAL VACANT 1.8407 1.8407
PIPELINES 1.1446 1.1446
FARM 0.2500 0.2500
MANAGED FORESTS 0.2500 0.2500
LANDFILL 34.024061 **
*ratio change to avoid provincially mandated levy restriction
**ratio calculated by the province to avoid tax changes
resulting from assessment methodology change
COUNTY OF ELGIN
By -Law 17-17
SCHEDULE C
PROPERTY CLASS
RESIDENTIAL
FARMLAND AWAITING DEVELOPMENT - RESIDENTIAL
NEW MULTI -RESIDENTIAL
MULTI -RESIDENTIAL
COMMERCIAL OCCUPIED
COMMERCIAL VACANT LAND
INDUSTRIAL OCCUPIED
INDUSTRIAL VACANT LAND
LARGE INDUSTRIAL OCCUPIED
LARGE INDUSTRIAL VACANT
LANDFILL
PIPELINES
FARM
MANAGED FORESTS
Prior Current
2016 2017
TAX RATES TAX RATES
Attachment
% Change
TAX RATES
0.599720%
0.611851%
2.02%
0.299860%
0.305926%
2.02%
0.611851%
1.406820%
1.223641%
-13.02%
0.982100%
1.001967%
2.02%
0.687460%
0.701365%
2.02%
1.334440%
1.361430%
2.02%
0.867380%
0.884920%
2.02%
1.698290%
1.732640%
2.02%
1.103900%
1.126234%
2.02%
19.824255%
0.686440%
0.700325%
2.02%
0.149930%
0.152963%
2.02%
0.149930%
0.152963%
2.02%
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.
* Landfill under a levy restriction (rate is less than residential rate x ratio)