By-law 2205-26 — 2026 Tax Ratios (Township of Hornepayne)

Hornepayne, Ontario · No. 2205-26 · adopted 2026-05-14 · summary & facts

This is the exact embedded text of the captured official document. Snapshot 894f34d2cc8d · verified 2026-10-26 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

The Corporation of the Township of Hornepayne By-Law No. 2205-26 Being a By-Law to establish the tax ratios for the Corporation of the Township of Hornepayne for the year 2026 WHEREAS Section 308 of the Municipal Act 2001, requires a set of tax ratios to be established for every municipality; and, WHEREAS the tax ratios determine the relative amount of taxation to be borne by each property class; and, WHEREAS mandatory property classes have been prescribed by the Minister of Finance under the Assessment Act; NOW THEREFORE the Council of the Corporation of the Township of Hornepayne hereby enacts as follows: 1. For the taxation year 2026, the tax ratio for property in: a) the residential property class is 1.000000; b) the multi-residential property class is 1.000000; c) the commercial property class is 1.297800; d) the commercial excess land class is 0.908460; e) the commercial vacant land class is 0.908460; f) the industrial property class is 1.755900; g) the industrial excess land class is 1.141335; h) the industrial vacant land class is 1.141335; i) the farmlands property class is 0.250000; j) the managed forests property class is 0.250000; and, k) the landfill property class is 1.100000. 2. By-Law No. 2165-25 is hereby rescinded. 3. This By-Law shall come into force and take effect January 1st, 2026. Read a first, second, and third time and finally passed this 14th day of May 2026. Presiding Officer Clerk Jon Peroff