By-law 03-2026 — Set 2026 Tax Ratios

McMurrich/Monteith, Ontario · No. 03-2026 · adopted 2026-01-20 · summary & facts

This is the exact embedded text of the captured official document. Snapshot c22734e9a22a · 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 McMURRICH/MONTEITH BY-LAW 03 - 2026 Being a by-law to set the 2026 Tax Ratio for McMurrich/Monteith Township WHEREAS it is necessary for the Council of the Township of McMurrich/Monteith, pursuant to the Municipal Act, 2001, S.O. 2001, 6.25, section 308, to establish the tax ratios for 2026 for the Township of McMurrich/Monteith; AND WHEREAS the tax ratios determine the relative amount of taxation to be borne by each property class; AND WHEREAS the property classes have been prescribed by the Minister of Finance under the Assessment Act and Regulations thereto. NOW THEREFORE the Council of the Corporation of the Township of McMurrich/Monteith hereby enacts as follows: 1. For the taxation year 2026, the tax ratio for property in: a) The residential/farm property class is 1.0000 b) The multi-residential and new multi-residential property class is 1.0500 c) The commercial occupied, new commercial occupied and commercial On-farm business property classes is 1.1492 d) The commercial vacant and commercial excess property classes is 0.80444 e) The industrial occupied property class is 0.7830 f) The industrial vacant property class is 0.5089 g) The landfill property class is 1.1492 h) The managed forest and farmlands property class is 0.2500 i) The pipeline property class is 0.6629 2. This By-law shall come into force and take effect immediately following third reading. Read a first, second and third time, signed and the Seal of the Corporation affixed thereto and finally passed this 20th day of January, 2026. Mayor / Clerk/T reasufeh GlynnfRobinson , Cheryl Marsh