By-law 2026-49 — Adopt 2026 Tax Rates, Due Dates, Penalty and Interest

Meaford, Ontario · No. 2026-49 · adopted 2026-06-22 · summary & facts

This is the exact embedded text of the captured official document. Snapshot 9a5f6dfb8fcc · verified 2026-10-23 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

Page 1 of 1 Covering Memo - 2026 Tax Rate By-law Date: Monday, June 22, 2026 From: Valerie Manning, Treasurer/Manager, Financial Services Roll № N/a Subject By-law 2026-49 is the annual by-law that sets the Tax Rates for the current year, based on the adopted budget, property assessment, and tax ratios. Reason for Tabling On February 6, 2026, the 2026 Mayor's Budget was deemed adopted. The County of Grey approved By-law 5279-26 on April 23, 2026, providing the tax ratios used to calculate the municipal tax rates for current year. The proposed Tax Rates for 2026 are now provided for Council's approval. The By-law provides the rates for County, Education, and the Municipality. By-law 2026-49 Page 1 of 4 The Corporation of the Municipality of Meaford By-law Number 2026-49 Being a by-law to provide for the adoption of the 2026 tax rates, establish the due dates, and to further provide for penalty and interest in default of payment thereof for 2026 Whereas, the Council of the Corporation of the Municipality of Meaford has passed By-law Number 2026-47, which adopted the estimates of all sums required during the year in accordance with Section 290 (1) of the Municipal Act, 2001, S.O. 2001, c. 25, as amended; and Whereas, Section 312 of the Municipal Act S.O. 2001, c.25, as amended provides that the Council of a local municipality shall, after the adoption of estimates for the year, pass a by-law to levy a separate tax rate on the assessment in each property class; and Whereas, Sections 307 and 308 of the said Act require tax rates to be established in the same proportion to tax ratios; and Whereas, the Corporation of the County of Grey has established tax ratios for prescribed property classes and levied tax rates for Upper Tier purposes for 2026 as required respectively by Sections 289 and 308 of the Municipal Act 2001, S.O. 2001, c. 25, as amended; and Whereas, the Ministry of Finance has established Tax Rates for School Purposes for 2026; and Whereas, Section 342 (1) (a) of said Act, allows a local municipality to provide for the payment of taxes in one amount or by instalments and the date or dates in the year for which the taxes are imposed on which the taxes or instalments are due; and Whereas, Section 342 (1) (b) of said Act allows a local municipality to provide for alternative instalments and due dates in the year for which the taxes are imposed other than those established under clause 342 (1) (a) to allow taxpayers to spread the payment of taxes more evenly over the year; and By-law 2026-49 Page 2 of 4 Whereas, Section 345 of said Act, allows for a percentage charge, not to exceed 1.25 per cent of the amount of taxes due and unpaid, to be imposed as a penalty for the non-payment of taxes, and allows for an interest charge, not to exceed 1.25 per cent each month of the amount of taxes due and unpaid, to be imposed for the non-payment of taxes; and Whereas, certain regulations require reductions in certain tax rates for certain classes or subclasses of property; and Whereas, the assessment roll was updated to reflect Adopted Current Value Assessment; and Whereas, the Council of the Corporation of the Municipality of Meaford deems it expedient and necessary to establish tax rates, due dates, and penalties for 2026. The Council of the Corporation of the Municipality of Meaford enacts as follows: 1. That there shall be levied and collected upon the whole assessment for real property according to the last certified assessment roll the tax rates as set out in Schedule "A" to this By-law and forming part of this By-law, which shall produce a general local municipal levy of twenty- one million, one hundred ninety-three thousand and sixty dollars ($21,193,060.00). 2. That the following amounts be levied for user fees, local improvements, special charges, miscellaneous charges, and are to be calculated yearly, based on budget. Each charge is to be included in the annual budget or approved separately by a resolution of Council. Local improvement charges have been authorized under separate bylaws. 3. That the final taxes less the interim taxes shall be due and payable in two approximately equal installments as follows: August 27, 2026 and October 27, 2026. 4. A penalty of 1.25 percent shall be added to all taxes of the levy which are in default on the first day after the due date, and thereafter a penalty of 1.25 percent per month will be added on the 1st day of each and every month the default continues, until December 31, 2026. By-law 2026-49 Page 3 of 4 5. On all taxes in default on January 1, 2027, interest shall be added at the rate of 1.25 percent 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. The final tax levy for all classes shall be a minimum of no less than $75.00. 8. The Municipality of Meaford is empowered to accept part payments from time to time on account of any taxes due. 9. The Municipality of Meaford may mail or cause the same to be mailed to the residence or place of business of such person indicated on the last revised assessment roll, a written or printed notice specifying the amount of taxes payable. 10. All taxes shall be paid at the Municipality of Meaford Administration Office, 21 Trowbridge Street West, Meaford, ON, N4L 1A1 through the following payment options: cheque, cash, debit, or by telephone/ internet banking, or by pre-authorized payment, with the taxpayer responsible for payment of all bank processing charges. All payments must be received in the office before the close of business on the due date, to avoid penalty charges. Therefore, the property owner should allow 2-3 business days processing time for internet or telephone banking. 11. That this By-law shall come into force and take effect upon being passed by Council. Read a first, second and third time and finally passed this 22nd day of June, 2026. Ross Kentner, Mayor Margaret Wilton-Siegel, Clerk By-law 2026-49 Page 4 of 4 Municipality of Meaford 2026 Tax Rate By-law Schedule "A" to By-law 2026-49 Schedule "A" 2026-49