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By-Law No. 2026-008
1
BY-LAW NO. 2026-008
BEING A BY-LAW TO SET TAX RATIOS FOR MUNICIPAL PURPOSES FOR THE YEAR 2026.
WHEREAS pursuant to the Municipal Act 2001, c25, s308, as amended the Council of a municipality
shall pass a By-Law establishing tax ratios for the municipality;
AND WHEREAS the tax ratios determine the relative amount of taxation to be borne by each property
class;
NOW THEREFORE the Council of the Corporation of the Municipality of Mattawan enacts as follows:
1.
That for the taxation year 2026, the Revenue Neutral tax ratios are as follows:
a)
the residential/farm property class is 1.0000;
b)
the commercial occupied property class is 1.136154;
c)
the commercial vacant property class is 0.795308;
d)
the industrial occupied property class is 1.131660;
e)
the aggregate extraction class is 0.920839;
f)
the pipeline property class is 2.019368;
g)
the farmlands property class is 0.250000;
h)
the managed forest class is 0.250000;
2.
That this By-Law shall come into force and effect on final passing.
READ A FIRST, SECOND AND THIRD TIME ENACTED AND FINALLY PASSED BEFORE AN OPEN COUNCIL
THIS 14th DAY OF MAY 2026.
_______________________________
________________________________
MAYOR
CLERK-TREASURER