By-law 25-2252 - 2025 Final Tax Rate

Macdonald, Meredith and Aberdeen Additional, Ontario · No. 25-2252 · summary & facts

This is the exact embedded text of the captured official document. Snapshot d76fed22dcd1 · 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 MACDONALD, MEREDITH & ABERDEEN ADDITIONAL BY-LAW #25-2252 Being a by-law to set and levy tax rates and to further provide for penalty and interest in default of payment thereof for 2025. WHEREAS Section 312 of The Municipal Act 2001, as amended, provides that the Council of a local municipality shall pass a by-law to levy a separate tax rate on the assessment in each property class, and; WHEREAS Section 307 and 308 of the said Act require tax rates to be established in the same proportion to tax ratios, and; WHEREAS the sum required for general municipal expenses purposes is estimated at $2,475,000.00. WHEREAS certain education rates are provided in various regulations, and commercial and industrial education amounts have been requisitioned by the Province, NOW THEREFORE the Council of the Corporation of the Township of Macdonald, Meredith & Aberdeen Additional enacts as follows: l. The estimate of $2,475,000.00 for general municipal purposes falling due within the year 2025 is hereby adopted. 2. That the tax rates for 2025 for municipal and education purposes be hereby set as follows. Class Municipal Rate Education Rate Total Rate Residential 0.01491460 0.00153000 0.01644460 New Multi-Residential 0.01491460 0.00153000 0.01644460 Multi-Residential 0.01883416 0.00153000 0.02036416 Commercial Occupied 0.01752018 §.00880000 0,02632018 Commercial Vacant/Excess Land 0.01226413 6.00880000 0.02 106413 Industrial Occupied 0.01640606 0.00880000 0.02520606 Industrial Vacant/Excess Land $.01066394 0.00880000 0.01946394 Landfill 0.01729522 0.00880000 0.02609522 Pipelines 0.01468342 0.00830000 0.02348342 Farm 0.00372865 §.00038250 0.00411115 Managed Forest 0.00372865 9.00038250 0.0041 1115 Aggregate Extraction 0.01640606 0.00511000 0.02151606 WT 51.76 ac 75.66 42.49 118.15 3. THAT all taxes shall become due and payable in 2 installments as follows: 50% of the final levy shall become due and payable on the 15"" day of August 2025; AND THAT 50% of the final levy shall become due and payable on the 15" day of October 2025. 4, On all taxes of the levy, which are in default a penalty of 1.25 per cent shall be added and thereafter a penalty of 1.25 per cent per month will be added on the first day of each and every month the default continues, until December 31°, 2025. 5. On al! taxes in default on January 1*', 2026, interest shall be added at the rate of 1.25 per cent per month for each month or fraction thereof in which the default continues. 6. 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. 7. THAT taxes are payable to the Township of Macdonald, Meredith & Aberdeen Additional, at the Municipal Office 208 Church St., Echo Bay, ON POS 1CO. READ a first and second time this 17" day of June 2025. READ a third and final time and passed in open Council this 17" day of June 2025. jet C /CLERK