By-law 23-2025 - 2025 Estimates and Tax Rates (Town of Carleton Place)

Carleton Place, Ontario · No. 23-2025 · adopted 2025-04-22 · summary & facts

This is the exact embedded text of the captured official document. Snapshot eaee2d296c87 · verified 2026-10-19 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

BY-LAW 23-2025 A BY-LAW TO ADOPT THE ESTIMATES FOR THE SUMS REQUIRED DURING THE YEAR 2025 FOR THE GENERAL AND SPECIAL PURPOSES OF THE CORPORATION OF THE TOWN OF CARLETON PLACE AND TO ESTABLISH TAX RATES. WHEREAS Section 312 of the Municipal Act, 2001 (S.O. 2001, c.25) provides that the Council of a local municipality shall after the adoption of estimates for the year, pass a by- law to levy a separate tax rate on the assessment in each property class; AND WHEREAS Section 312 (6) of the said Act requires tax rates to be established in the same proportion to tax ratios; WHEREAS the tax ratios as set by the County of Lanark for the Town of Carleton Place through By-Law 2025-10 are: Class Ratio Residential 1.000000 Multi-Residential 1.973331 New Multi-Residential 1.100000 Commercial 1.842928 Industrial 2.531635 Pipelines 2.007246 Farm/Forest 0.250000 AND WHEREAS no property subclasses have tax rate reductions set by the County of Lanark for the Town of Carleton Place; AND WHEREAS the assessed value of all rateable real property according to the latest revised assessment roll including properties for Payment in Lieu for the Town of Carleton Place amounts to $1,862,367,100; AND WHEREAS the Municipal Budget Levy Requirement for the Town of Carleton Place amounts to $16,486,927 for 2025. AND WHEREAS the request from the BIA Board of Management is for a Budget Levy amounting to $173,686 for 2025. AND WHEREAS the tax rates on the various property classes and sub-classes have been calculated pursuant to the provisions of the Municipal Act and in the manner set out in this By-law; NOW THEREFORE the Council of the Town of Carleton Place enacts tax rates as follows: 1. That the following tax rates be established and applied to the taxable assessments of all properties in the Town of Carleton Place for 2025 as follows: MUNICIPAL COUNTY EDUCATION TAX RATE Commercial CF 0.01457633 0.00734160 0.01250000 0.03441793 CG 0.01457633 0.00734160 0.00000000 0.02191793 CH 0.01457633 0.00734160 0.01250000 0.03441793 CK 0.01457633 0.00734160 0.01250000 0.03441793 CT 0.01457633 0.00734160 0.00880000 0.03071793 CU 0.01457633 0.00734160 0.00880000 0.03071793 CX 0.01457633 0.00734160 0.00880000 0.03071793 GT 0.01457633 0.00734160 0.00880000 0.03071793 ST 0.01457633 0.00734160 0.00880000 0.03071793 SU 0.01457633 0.00734160 0.00880000 0.03071793 Industrial IH 0.02002354 0.01008517 0.01250000 0.04260871 IJ 0.02002354 0.01008517 0.01250000 0.04260871 IT 0.02002354 0.01008517 0.00880000 0.03890871 IU 0.02002354 0.01008517 0.00880000 0.03890871 IX 0.02002354 0.01008517 0.00880000 0.03890871 LT 0.02002354 0.01008517 0.00880000 0.03890871 Multi-Residential MT 0.01560773 0.00786108 0.00153000 0.02499881 Multi-Residential New NT 0.00870026 0.00438203 0.00153000 0.01461229 Pipeline PT 0.01587597 0.00799619 0.00880000 0.03267216 Residential RG 0.00790933 0.00398366 0.00000000 0.01189299 RH 0.00790933 0.00398366 0.00153000 0.01342299 RT 0.00790933 0.00398366 0.00153000 0.01342299 BIA SPECIAL RATES Commercial 0.00485598 Industrial 0.00667068 2. That the due date for the payment of instalments of the 2025 taxes shall be: INSTALMENTS PAYMENT PLAN (10 MONTHS) March 3, 2025 February 10, 2025 June 2, 2025 March 10, 2025 September 2, 2025 April 10, 2025 November 3, 2025 May 10, 2025 June 10, 2025 July 10, 2025 August 10, 2025 September 10, 2025 October 10, 2025 November 10, 2025 3. The assessment made in the year 2025, based on current values from January 1, 2016 under the provisions of the Assessment Act, Chapter A.31, R.S.O. 1990 as amended shall be the assessment on which the final tax rates shall be fixed and levied and the final tax shall be fixed and levied on such assessment. 4. If taxes are not paid on or before the due dates, a penalty of one and one-quarter percent (1.25%) of the unpaid taxes shall be levied immediately, and a further penalty of one and one-quarter percent (1.25%) on the first day of each calendar month thereafter for as long as the default continues. READ A FIRST TIME, SECOND TIME AND THIRD TIME AND FINALLY PASSED THIS 22ND DAY OF APRIL 2025. ________________________ ___________________________ Toby Randall, Mayor Stacey Blair, Clerk