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Snapshot 3e1cd6556a5c · verified 2026-10-26 ·
original document ·
archived snapshot ·
unofficial consolidation, the official version is held by the municipal clerk.
‘ee Prince
TOWNSHIP
wt
AS Simply Beautiful, Naturally Prince
THE CORPORATION OF THE TOWNSHIP OF PRINCE
BY-LAW NO, 2026 - 19
Being a By-law to establish tax ratios for prescribed property classes for the 2026 taxation
year
WHEREAS Section 308 of the Municipal Act, 2001, as amended, requires that the Council of a
municipality pass a by-law each year to establish tax ratios for prescribed property classes;
AND WHEREAS the tax ratios determine the relative amount of taxation to be borne by each property
class in relation to the residential property class;
NOW THEREFORE the Council of the Corporation of the Township of Prince enacts as follows:
1. THAT the following tax ratios are hereby established for the 2026 taxation year:
Property Class = Tax Ratio
Residential 1.000000
Commercial 1.328546
Industrial 1.860616
Pipelines 1.100000
Farmlands 0.250000
Managed Forests 0.250000
2. THAT these tax ratios shall apply for the purpose of calculating the tax rates to be levied for
municipal purposes in the 2026 taxation year.
3. THAT this by-law shall come into force and take effect on the date of its final passing.
READ A FIRST, SECOND, AND THIRD TIME AND FINALLY PASSED THIS 14™ DAY OF APRIL 2026.
Mayor, Melanie Mageran Clerk — Treasurer, Megha Trivedi