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Snapshot b23e2ecece9f · verified 2026-10-19 ·
original document ·
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unofficial consolidation, the official version is held by the municipal clerk.
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Township of
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BILLINGS
BY-LAW NO 2026-13
BEING A BY-LAW TO SET THE TAX RATIOS FOR THE
2026 TAXATION YEAR FOR THE TOWNSHIP OF BILLINGS
WHEREAS the Municipal Act S.O. 2001, c 25, Section 5(1 ), as amended, provides that
the powers of a municipal corporation are to be exercised by its Council;
AND WHEREAS the Municipal Act S.O. 2001 , c 25, Section 308 provides that every
municipality shall establish a set of tax ratios and shall pass a by-law each year to
establish the tax rations for that year for the municipality;
AND WHEREAS the Municipal Act S.O. 2001, c 25, Section 308 provides that the tax
rations are the rations that the tax rate for each property class must be to the tax rate for
the residential property class where the residential property class tax ratio is 1
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWNSHIP OF
BILLINGS ENACTS AS FOLLOWS:
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THAT for the 2026 taxation year the following tax rations shall apply:
Tax Class
Tax Ratio
Residential
1.000
Commercial
1.030
Industrial
1.040
Farm
0.250
Managed Forest
0.250
THIS By-Law shall come into full force and effect upon final passage.
THIS By-Law may be cited as "2026-13 Tax Ratio By-law"
READ a FIRST and SECOND TIME this 17th day of March 2026
READ a THIRD TIME and FINALLY PASSED 17th day of March 2026
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Veronique Dion, CAO/Clerk