By-law 2026-13 - 2026 Tax Ratios (Township of Assiginack)

Assiginack, Ontario · No. 2026-13 · adopted 2026-05-05 · summary & facts

This is the exact embedded text of the captured official document. Snapshot 4811081e72b0 · verified 2026-10-23 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

THE CORPORATION OF THE TOWNSHIP OF ASSIGINACK BY-LAW # 2026-13 BEING A BY-LAW of the Corporation of the Township of Assiginack to Set Tax Ratios for Municipal Purposes for the Year 2026 WHEREAS Section 308 (4) of the Municipal Act, 2001 chapter 25, as amended, Provide the authority for a Municipality to establish Tax Ratios for the current year; AND WHEREAS the Tax Ratios determine the relative amount of taxation to be borne by each property class; NOW THEREFORE THAT the Council of the Corporation of the Township of Assiginack ENACTS AS FOLLOWS: 1. THAT for the taxation year 2026 the tax ratio for property is: a) The Residential property class is 1.0000 b) The Multi-Residential property class is 1.0000 c) The Commercial Occupied property class is 0.9500 d) The Commercial Vacant property class is 0.6650. e) The Industrial Occupied property class is 0.7700 f) The Industrial Vacant property class is 0.5005. g} The Pipeline property class is 1.1215 h) The Landfill property class is 0.9500 i) The Farm property class is 0.2500 j) The Managed Forest property class is 0.2500 k) The Aggregate Ext property class is 0.06266 2. THAT this by-law shall come into force and take effect upon third and final reading hereof. Read a First and Second Time, this May 5, 2026 Read a Third and Final Time and Enacted in Open Council, this May 5, 2026 MAYOR ! em CLER: seal