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The Corporation of The Township of King
By-Law Number 2026-043
A By-law to Set Tax Rates for the Year 2026 and to Provide for the Levy and
Collection of Rates or Levies Required for the Township of King for the Year 2026
Whereas Section 312(2) of the Municipal Act, 2001 provides that a local municipality
shall each year pass a by-law levying a separate tax rate as specified in the by-law on
the assessment in each property class, in the local municipality rate able for local
municipal purposes; and
Whereas Section 312 (6) of the said Act requires tax rates to be established to:
1)
raise an amount equal to the general local municipal levy;
2)
be in the same proportion to each other as the tax ratios established under Section
308; and
Whereas the gross 2026 tax levy for all purposes has been set at $104,036,510. The
Township's net portion to be collected through property tax is $40,564,112; and
Whereas certain regulations require reductions in certain tax rates for certain classes or
subclasses of property; and
Whereas Committee of the Whole report of the Regional Municipality of York presented
on the 9th day of May 2024 to establish tax rates pursuant to Section 311(2) of the
Municipal Act, 2001 as shown on Schedule "A" to this by-law; and
Whereas the Regional Municipality of York, passed a by-law to levy certain amounts
against the Township and the tax rates necessary to raise these amounts are included in
the tax rates shown on Schedule "A" to this By-law; and
Whereas the Education Act, O. Reg. 400-98 as amended by O. Reg. 445/12 prescribes
the education rates to be levied on the whole assessment in each property class, these
tax rates are included in the tax rates shown on Schedule "A" to this By-law;
Now Therefore the Council of The Corporation of the Township of King enacts as follows:
1.
That for the year 2026 the tax rates as shown on Schedule "A" to this
by-law are hereby adopted to be applied against the whole of the
assessment for real property in each property class shown on Schedule
"A" to this by-law.
2.
That for payments in lieu of taxes due to the Township, the amount
shall be based on the assessment roll CVA and the tax rates for the year
2026 as shown on Schedule "A" to this by-law.
3.
That the Treasurer shall add to the collectors roll all or any municipal
charges for utility arrears, weed cutting, municipal ditch maintenance,
Holland Marsh Maintenance, Ansnorveldt Water Debenture Charges,
King City Sewer Debenture Charges, Nobleton Sewer Debenture
Charges, Tile Drain Loans, unpaid fees or charges, or any other charges
which should be levied pursuant to any statute or by-law against the
respective property chargeable therewith and the same shall be collected
by the Treasurer in the same manner and at the same time as all other
taxes or levies.
4.
That the 2026 Interim tax levy shall be shown as a reduction of the taxes
levied from the 2026 Final tax levy.
5.
That every owner shall be taxed according to the tax rates shown on
Schedule "A" to this by-law and the taxes so levied shall become due and
payable in two (2) equal installments. The installments shall be due and
payable as follows:
First Installment - July 30, 2026
Second Installment- September 24, 2026
In the event that the above installment due dates cannot be met due to
circumstances beyond the control of Township staff, the Township's
Chief Financial Officer & Treasurer is authorized to amend the installment
due dates accordingly.
6.
That the Treasurer shall mail or email the notice specifying the amount of
taxes payable by any person liable for taxes addressed to them at their
place of residence, or business as shown on the latest assessment roll, or
other location as may be requested by the person from time to time.
7.
That taxes are payable at the Township of King Municipal Offices, by
mail, through the Township's pre-authorized debit (PAD) payment
program, or through any participating chartered bank or financial
institution in Canada.
8.
That as provided in Section 345 of the Municipal Act, 2001, if the taxes
or any class or installment thereof so levied in accordance with this by-
law remain unpaid on the due date, a penalty of one and one quarter per
cent (1.25%) of the unpaid taxes may be levied on the first day of default
and shall be levied on the first day of the next calendar month following
the due date and a further one and one quarter per cent (1.25%) of the
taxes remaining unpaid shall be levied on the first day of each calendar
month thereafter for so long as there are taxes remaining unpaid.
9.
That Schedule "A" attached hereto shall form part of this by-law.
Read a First and Second time this 1st day of June 2026.
Read a Third time and finally passed this 1st day of June 2026.
1
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Denny Timm
Township Clerk
By signing this by-law on June 1, 2026, Mayor Pellegrini will not exercise the power to
veto this by-law.
(Ref. Finance Dept. Report Number FIN-2026-010,
Council June 1/26)
2026 Tax Rate Schedule
Schedule
2026-043
Description
Tax
category
Tax Ratio
Township Rate Region Rate
Education
Rate
Total Tax Rate
Taxable
Residential
RT
1
0.003705967
0.003924120
0.001530000
0.009160087
Multi-Residential
MT
1
0.003705967
0.003924120
0.001530000
0.009160087
Managed Forests
TT
0.25
0.000926492
0.000981030
0.000382500
0.002290022
Farm
FT
0.25
0.000926492
0.000981030
0.000382500
0.002290022
Commercial
CO
1.332
0.004936348
0.005227320
0.002200000
0.012363668
Commercial
C7
1.332
0.004936348
0.005227320
0.002200000
0.012363668
Commercial
CT
1.332
0.004936348
0.005227320
0.008800000
0.018963668
Commercial
CU
1.332
0.004936348
0.005227320
0.008800000
0.018963668
Commercial
CX
1.332
0.004936348
0.005227320
0.008800000
0.018963668
Parking Lot
GT
1.332
0.004936348
0.005227320
0.008800000
0.018963668
Industrial
10
1.643
0.006088903
0.006448110
0.002200000
0.014737013
Industrial
17
1.643
0.006088903
0.006448110
0.002200000
0.014737013
Industrial
IT
1.643
0.006088903
0.006448110
0.008800000
0.021337013
Industrial
IU
1.643
0.006088903
0.006448110
0.008800000
0.021337013
Industrial
IX
1.643
0.006088903
0.006448110
0.008800000
0.021337013
Large Industrial
LT
1.643
0.006088903
0.006448110
0.008800000
0.021337013
Large Industrial
LU
1.643
0.006088903
0.006448110
0.008800000
0.021337013
Shopping Centre
ST
1.332
0.004936348
0.005227320
0.008800000
0.018963668
Shopping Centre
SU
1.332
0.004936348
0.005227320
0.008800000
0.018963668
Pipeline
PT
0.919
0.003405783
0.003606270
0.008800000
0.015812053
Payments in Lieu
Residential
RG
1
0.003705967
0.003924120
0.000000000
0.00763009
Farm
FP
0.25
0.000926492
0.000981030
0.000382500
0.00229002
Commercial
CZ
1.332
0.004936348
0.005227320
0.000000000
0.01016367
Commercial
CF
1.332
0.004936348
0.005227320
0.008967000
0.01913067
Commercial
CG
1.332
0.004936348
0.005227320
0.000000000
0.01016367
Industrial
IH
1.643
0.006088903
0.006448110
0.009800000
0.02233701
Industrial
IK
1.643
0.006088903
0.006448110
0.009800000
0.02233701
Industrial
IZ
1.643
0.006088903
0.006448110
0.000000000
0.01253701
Landfill
HF
1.1
0.004076563
0.004316530
0.005286490
0.01367958
Utility Transmission & Distribution Corridors
UH
415.00
419.02
1208.66
2,042.66
Railway Right-of-Way
WG
305.00
319.33
822.69
1,446.69
Seneca (Heads & beds)
34.00
41.00
75.00