By-law 3402-26 — 2026 Tax Rate By-law (Town of Hanover)

Hanover, Ontario · No. 3402-26 · adopted 2026-06-01 · summary & facts

This is the exact embedded text of the captured official document. Snapshot fa921e7fed9f · verified 2026-10-19 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

THE CORPORATION OF THE TOWN OF HANOVER BY-LAW NO. 3402-26 BEING a By-law to adopt the estimates of the sums required for the Town of Hanover, Downtown lmprovement Area, Upper Tier County of Grey, and for Education, for the year and to strike the rates of taxation for same and to further provide for penalty and interest in default of payment thereof for 2026. WHEREAS the Municipal Council of the Corporation of the Town of Hanover has, in accordance with section 290 of The Municipal Act,2001 , S.O. 2001 , c. 25, as amended, considered the estimates of the Town of Hanover, and the requisition from the Upper Tier County of Grey, and for Education, and it is necessary that the following sums be raised by means of taxation for the year 2026. TOTAL ESTIMATES $16,713,487 AND WHEREAS section 312 of The Municipal Act,2001, S.O. 2001 , c. 25, as amended, 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 sections 307 and 308 of the said Act require tax rates to be established in the same proportion to tax ratios; AND WHEREAS certain regulations require reductions in certain tax rates for certain classes or subclasses of property; AND WHEREAS the following is a correct statement of the taxable assessment for the Town of Hanover, based on the roll returned December 9,2025- Town of Hanover (Schedule'A' attached) Downtown lmprovement Area County of Grey Education CLASS OF ASSESSMENT Residential Multi-Residential New Multi-Residential Com mercial/Shoppi n g Centre Occupied U noccupied/Excess Land Vacant Land Parking Lot lndustrial Occupied U noccupied/Excess Land Vacant Land Pipelines Farmlands Managed Forests TOTAL ASSESSMENT $10,608,600.00 $52,500.00 $3,833,368.00 $2,219,019.00 SMENT $640,573,121 $53,368,100 $4,839,000 $1 13,558,1 80 $499,025 $3,253,400 $87,000 $10,759,074 $26,700 $355,000 $2,990,000 $2,651,600 0 832,950,200 Downtown lmprovement Area 20,224,500 NOW THEREFORE the Council of the Corporation of the Town of Hanover enacts as follows: That there shall be levied and collected upon the assessable real property within the Corporation of the Town of Hanover based on the assessments per the Assessment Roll dated December 9,2025 for taxation in the year 2026; 1 2 3. b. applicable County tax rates as set by County of Grey By-law Number 5279-26. c. applicable education tax rates for residential and business property classes for 2026 per Ministry of Finance Letter dated December 10,2025. d. and localtax rates as set out in this by-law. That the summary of tax rates for 2026, set out on Schedule 'B' attached hereto shall form part of this by-law. That the estimates be adopted and the following amounts be levied therefore in the manner as set out hereinafter: Town of Hanover (Schedule 'A' attached) Downtown lmprovement Area County of Grey Education $10,608,600.00 $52,500.00 $3,833,368.00 $2,219,019.00 4 TOTAL ESTIMATES $16,713,487.00 That the following local municipal tax rates are hereby adopted to be applied against the whole of the assessment for real property in the following classes (Schedule B attached): TAX CLASS TOWN OF HANOVER Residential Multi-Residential New Multi-Residential Commercial Occupied Unoccupied Vacant Shopping Centre Occupied Unoccupied Parking Lot lndustrial Occupied Unoccupied Vacant Large lndustrial - Occupied - Unoccupied Pipelines Farmlands Managed Forests D.t.A. 0.01212815 0.01212815 0.01212815 0.01572900 0.01572900 0.01572900 0.01572900 0.01572900 0.01572900 0.02220664 0.02220664 0.02220664 0.02220664 0.02220664 0.01099839 0.00264394 0.00303204 0.00259586 5 That every owner shall be taxed according to the tax rates in this by-law and such tax shall become due and payable as indicated below. a. That the interim taxes levied shall be shown as a reduction on the final tax levy b. That the net amount of taxes levied by this by-law for residential, pipelines and managed forests tax classes shall become due and payable on the 31't day of August, 2026; and the balance of the final levy shall become due and payable on the 30th day of November,2026 and non-payment of the amount, as noted, on the dates stated in accordance with this section shall constitute default. c. That the net amount of taxes levied by this by-law for commercial, industrial and multi-residential, shall become due and payable on the 31st day of August, 2026; and the balance of the final levy shall become due and payable on the 30th day of 6 7 November,2026; and non-payment of the amount, as noted, on the date stated in accordance with this section shall constitute default. On all taxes of the levy, which are in default on the 1st day after the due date, a penalty of 1 114 percent shall be added and thereafter a penalty of 1 114 percent per month will be added on the 1st day of each and every month the default continues, until December 31st,2026. On all taxes in default on January 1st,2027 , interest shall be added at the rale of 1 114 percent per month for each month or fraction thereof in which the default continues. Penalties and interest added in default shall become due and payable and shall be collected as if the same had originally been imposed and formed part of such unpaid tax levy. The Tax Collector is empowered to accept part payment from time to time on account of any taxes due. The Tax Collector may mail or cause the same to be mailed or delivered to the residence or place of business of such person indicated on the last revised assessment roll, a written or printed notice specifying the amount of taxes payable. Hanover 8 I 10 11 That taxes are payable at the Town of Hanover Municipal Office, 341 10th Street, Hanover, Ontario, N4N 1P5. READ A FIRST, SECOND and THIRD TIME and FINALLY PASSED this 1't day of June, 2026 Susan Patersorr, Mayor Vicki cDona a2 Ontario, Canada Schedule "A" to By-law #3402-26 2026 Levy Requirement Per 2026 Budget % Change 5 t'J. L4 10 -70 7 -L7 8.24 $ Change -111.500 s88,500 311.200 21,600 -135.300 210,000 -75.000 807,500 2025 Budget -2.258.100 5.173.600 2.602.000 245,600 58.500 3.410.400 376.600 10.608.600 2025 Budget -2.L46.600 s.s8s.000 2.290.800 224.OOO 194,800 3.200.400 452.600 9.801.000 General Government Protective Services Transportation Environmenta I Services Health Services Recreation and Cultural Services Plannine and Development Total Town of Hanover SCHEDULE'B' TO BYLAW #3402.26 TOTAL TAX RATE 0.01803580 0.01803580 0.01803580 0.03020637 0.03020637 0.03020637 0.03390637 0.03020637 0.03020637 0.03020637 0.03902212 0.03902212 0.03902212 0.04272212 o.03902212 0.03902212 0.04272212 0.02376825 0.02476825 0.00398077 0.00450895 Education Rate 0.00153000 0.00153000 0.00153000 0.00880000 0.00880000 0.00880000 0.01250000 0.00880000 0.00880000 0.00880000 0.00880000 0.00880000 0.00880000 0.01250000 0.00880000 0.00880000 0.01250000 0.00880000 0.00980000 0.00038250 0.00038250 Grey Gounty Rate 0.00437765 0.00437765 0.00437765 0.00567737 0.00567737 0.00567737 0.00567737 0.00567737 0.00567737 0.00567737 0.00801548 0.00801548 0.00801548 0.00801548 0.00801548 0.00801548 0.00801548 0.00396986 0.00396986 0.00095433 0.00109441 Town of Hanover Rate 0.01212815 0.01212815 0.01212815 0.01572900 0.01572900 0.01572900 0.01572900 0.01572900 0.01572900 0.01572900 0.02220664 0.02220664 0.02220664 0.02220664 0.02220664 0.02220664 0.02220664 0.01099839 0.01099839 0.00264394 0.00303204 0.02595861 Tax Glass Residential Multi-Residential New - Multi-Residential Gommercial: Occupied Unoccupied Vacant Pavment-ln-Lieu Shopping Genter: Occupied Unoccupied Parking Lot lndustrial: Occupied Unoccupied Vacant Pavment-ln-Lieu Larqe lndustrial: Occupied Unoccupied Payment-ln-Lieu Pipelines Pavment-ln-Lieu Farmlands Managed Forests D.t.A.