By-law 26-12 - Establish Tax Ratios and Tax Rates for 2026

Huron Shores, Ontario · No. 26-12 · adopted 2026-02-11 · summary & facts

This is the exact embedded text of the captured official document. Snapshot a8afaeba6bac · verified 2026-10-19 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

THE CORPORATION OF THE MUNICIPALITY OF HURON SHORES BY-LAW #26-12 BEING A BY-LAW TO ESTABLISH TAX RATIOS AND TAX RATES TO LEVY RESIDENTIAL, COMMERCIAL, INDUSTRIAL, MULTI- RESIDENTIAL, PIPE LINE, FARM AND MANAGED FORESTS PROPERTY TAXES FOR THE YEAR 2026 WHEREAS it is necessary for the Council of the Corporation of the Municipality of Huron Shores, pursuant to the Municipal Act, 2001, S.O. 2001, c. 25) to establish tax rates and ratios for 2026; AND WHEREAS the property classes have been prescribed by the Minister of Finance under the Assessment Act, R.S.O. 1990, c. A.31, as amended and Regulations thereto; AND WHEREAS it is necessary for the Council of The Corporation of the Municipality of Huron Shores, pursuant to the Municipal Act, 2001, to levy on the whole rateable property for the residential, multi- residential, new multi-residential, commercial, industrial, pipe line, farm and managed forest classes according to the last revised assessment roll for The Corporation of the Municipality of Huron Shores the sums set forth for various purposes in ‘Schedule A’ attached hereto for the current year; AND WHEREAS an interim levy was made before the adoption of the estimates for the current year; AND WHEREAS the 2026 levy for municipal purposes is $4,872,767; AND WHEREAS it is necessary for the Council of the Corporation of the Municipality of Huron Shores to levy tax rates as prescribed by the Province of Ontario (hereinafter referred to as the “Province”) pursuant to Section 257.12.1(1) of the Education Act, R.S.O. 1990, c. E.2, as amended (hereinafter referred to as the “Education Act”) and the regulations passed under the Education Act; NOW THEREFORE, the Council of the Corporation of the Municipality of Huron Shores ENACTS AS FOLLOWS: 1. For the taxation year 2026, the tax ratios for property in the Municipality of Huron Shores are as follows: a) the residential/farm class is 1.000000 b) the multi-residential class is 0.850000 c) the commercial occupied class is 1.100000 d) the commercial excess land class is 0.847000 e) the commercial vacant land class is 0.847000 f) the industria! occupied class is 1.240800 g) the industrial excess land class is 1.000705 h) the industrial vacant land class is 1.000705 i) the aggregate extraction class is 1.009647 j) the landfills class is 0.600000 k) the pipelines class is 0.700000 1) the farmlands class is 0.250000 m) the managed forests class is 0.250000 2. For the taxation year 2026, the tax rates for property in the Municipality of Huron Shores are as follows: Municipal Education Class Rate Rate Total Rate Residential/Farm 0.01923854 0.0015300 0.02076854 Multi/Residential 0.01635276 0.0015300 0.01788276 Commercial Occupied 0.02116239 0.0088000 0.02996239 Commercial Excess Land | 0.01629504 0.0088000 0.02509504 Commercial Vacant Land | 0.01629504 0.0088000 0.02509504 Large Industrial 0.02387118 0.0088000 0.03267118 Industrial Occupied 0.02387118 0.0088000 0.03267118 Industrial Excess Land 0.01925210 0.0088000 0.02805210 Industrial Vacant Land 0.01925210 0.0088000 0.02805210 Aggregate Extraction 0.01942413 0.0051100 0.02453413 Landfills 0.01154312 0.0088000 0.02034312 Pipelines 0.01346698 0.0088000 0.02226698 Farmiands 0.00480964 0.0003825 0.00519214 Managed Forest 0.00480964 0.0003825 0.00519214 Railway 75.66 /acre 42.49 /acre 118.15/ acre 3. That the municipality shall use the Tax Collection Policy, being Policy No. F-02, for the reporting, billing, and collection of property taxes within the municipality. . Taxes from Supplementary Assessments added to the roll after it has been returned and certified shall be pro-rated for the remainder of the current year effective on the date of such additions. . The due date for Supplementary Taxes shall be at least 21 days after the date of issue. . Real property taxes, rated, levied and imposed pursuant to the provisions of this by-law shall become due and payable in two installments, namely, on the fourth Friday of September 2026 and the fourth Friday of November, 2026. . The Treasurer of the Corporation of the Municipality of Huron Shores is hereby authorized and directed to mail or cause to be mailed to the address of the residence or piace of business of each person taxed, a notice specifying the amount of taxes payable by such person, pursuant to the provisions of this by-law. . That the taxes shall be payable, however provided they are paid on or before the due date as specified herein, to The Corporation of the Municipality of Huron Shores in the following: a) Municipal Office located at 7 Bridge Street, Iron Bridge, Ontario. b) That the processing of Finance Department items from the drop box located outside the Municipal Office at the main entrance are completed the following business day. c) By mail or courier to 7 Bridge Street, PO Box 460, Iron Bridge, ON, POR 1HO. d) Any Chartered Bank of Canada to the credit of The Corporation of the Municipality of Huron Shores. e) In accordance with the Municipality’s pre-authorized payment plans administered by the Finance Department upon completion of the application process. f) Telephone banking or online electronic fund transfer or payment options as made available through chartered banks, charges may apply as per the banking institution. 9. The levy provided for in this By-law shall be reduced by the amount of the interim levy. 10. The Treasurer is hereby authorized to accept part payment from time to time on accounts of any taxes due or to become due and to give a receipt for such payment, provided that the acceptance of any such part payment shall not affect the collection of any percentage charge imposed and collectable in respect of non- payment of any taxes or any installment thereof. 11. An additional charge of one and one-quarter percent (1.25%) shall be added on the first day of each calendar month to any instalment of taxes that remains unpaid after the dates specified in subsection (6), for as long as the default continues. 12. The 2026 Municipal Budget be adopted as set out in Schedule ‘A’, attached hereto and forming part of this by-law. 13. If any section or portion of this 2026 Final Tax Rate By-law or of Schedule "A" is found by a court of competent jurisdiction to be invalid, it is the intent of Council for the Municipality that all remaining sections and portions of this By-law and of Schedule "A" continue in force and effect. Passed in open Council this 11 day of February, 2026. Zp <2 MAYOR Jane A strong etiocts CAO/CLERK — Natashia Roberts