Tax Ratios By-law No. 2025-032

Barrie, Ontario · adopted 2025-04-09

This is the exact embedded text of the captured official document. Snapshot 6da5e10db8b2 · verified 2026-08-23 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

By-law 2025-032 Tax Ratios A By-law of The Corporation of the City of Barrie to set tax ratios and to define certain property classes for municipal purposes for the year 2025. Disclaimer: The following consolidation is an electronic reproduction made available for information only. It is not an official version of the By-law. The format may be different, and plans, pictures, other graphics or text may be missing or altered. The City of Barrie does not warrant the accuracy of this electronic version. This consolidation cannot be distributed or used for commercial purposes. It may be used for other purposes, only if this disclaimer is repeated as well as the notice of copyright. Official versions of all By-laws can be obtained from the Legislative and Court Services Department by calling (705) 739-4220 ext. 5500 or [email protected] This By-law printed under and by the authority of the Council of the City of Barrie 2 Bill No 032 BY-LAW NUMBER 2025-032 A By-law of The Corporation of the City of Barrie to set tax ratios and to define certain property classes for municipal purposes for the year 2025. WHEREAS it is necessary for the Council of The Corporation of the City of Barrie (hereinafter referred to as "The Corporation"), pursuant to Section 308(4) of the Municipal Act 2001, S.O. 2001, as amended (hereinafter referred to as the "Municipal Act"), to establish the tax ratios for 2025 for The Corporation; AND WHEREAS the tax ratios determine the relative amount of taxation to be borne by each property class; AND WHEREAS the property classes have been prescribed by the Minister of Finance pursuant to Section 7 of the Assessment Act R.S.O. 1990, C. A.31, as amended (hereinafter referred to as the "Assessment Act"); AND WHEREAS by motion 25-G-062 the Council of The Corporation of the City of Barrie established the 2025 tax ratios and deemed it expedient to pass such a by-law; NOW THEREFORE the Council of The Corporation of the City of Barrie hereby enacts as follows: 1. THAT the tax ratios for the 2025 taxation year be established as follows: a) Residential/farm property class 1.000000 b) New Multi-residential 1.000000 c) Multi-residential 1.000000 d) Commercial 1.433126 e) Industrial 1.516328 f) Pipelines 1.103939 g) Farmlands 0.250000 h) Managed forest 0.250000 i) Landfills 1.067122 j) Aggregate Extraction 1.233846 2. THAT two sub-classes for Farmland Awaiting Development be maintained in each of the multi-residential, commercial and industrial property classes at the following discounts: a) Phase I - 25% discount off the residential tax rate; and, b) Phase II - 0% discount off the applicable property class tax rate. 3. THAT the City of Barrie continue its existing Rebates for Charitable and Non-Profit Organizations Program providing a tax rebate for eligible Organizations, as defined in Section 248(1) of the Income Tax Act, R.S.C. 1985, Chapter 1, at a rate of 40% of the current year's taxes applicable to the space occupied. 4. THAT the Charitable and Non-Profit Organizations eligible for the tax rebate program are required to submit an annual application and provide evidence of taxes paid satisfactory to the Treasurer or his/her designate. 5. THAT this By-law shall come into force and effect immediately upon the final passing thereof. 3 READ a first and second time this 9th day of April, 2025. READ a third time and finally passed this 9th day of April, 2025 THE CORPORATION OF THE CITY OF BARRIE "ORIGINAL SIGNED" _____________________________________ MAYOR - ALEX NUTTALL "ORIGINAL SIGNED" _____________________________________ CITY CLERK - WENDY COOKE