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THE CORPORATION OF THE TOWN OF SMITHS FALLS
BY-LAW NO. 10620-2025
A BY-LAW TO ESTABLISH TAX RATES AND POLICIES FOR THE PURPOSES OF
RAISING THE GENERAL MUNICIPAL REVENUES ON THE YEAR 2025 AND TO
IMPOSE THE FINAL 2025 TAX LEVY ON ALL PROPERTIES WITHIN THE
TOWN OF SMITHS FALLS
WHEREAS the estimates of all sums that may be required for the lawful purpose of the
Corporation of the Town of Smiths Falls for the year 2025 have been adopted by the
Municipal Council by virtue of By-law No. 10606-2025; and
WHEREAS the property assessment roll for the Town of Smiths Falls on which the 2025
taxes are to be levied has been or will be provided by the Ontario Property Assessment
Corporation pursuant to appropriate provincial legislation; and
WHEREAS section 312 of the said Municipal Act, c. 25 S.O. 2001 dictates that for the
purposes of raising the general local municipality levy, the council of a local municipality
shall, each year, pass a by-law levying a separate tax rate, as specified in the by-law, on
the assessment in each property class in the local municipality rateable for local
municipality purposes; and
WHEREAS it is deemed appropriate to adopt or reject certain options made available
through amendment to the Municipal Act and through the Assessment Act, namely Bill
140 and associated regulations, which will impact on the calculation of the final tax bills
for the year 2025.
NOW THEREFORE the Council of the Corporation of the Town of Smiths Falls enacts
as follows:
1. That pursuant to section 314 of the Municipal Act, graduated taxation within
specified property classes may be established to ease the burden of taxes on
certain properties within the class, thereby allowing properties with lesser
assessment to pay a lesser tax rate. Within the Industrial class of properties
graduated taxation shall be applied as follows.
Properties with assessed value at or over $1.5 million shall pay according to
the full tax rate.
Properties with assessed value less than $1.5 million shall pay 85% of the
established rate.
2. That the option available in section 318 and 319 regarding the phasing-in of
tax increases within the Residential/Farm class of properties not be adopted.
3. That permissive options with respect to tax rebates and targeted reductions in
class taxation not be adopted.
4. That the Tax Ratios, namely the relationship certain tax rates bear to the
residential tax rate, shall be established as follows, pursuant to section 308 of
the Municipal Act.
Residential 1.0000
New Multi-Residential 1.0000
Multi-Residential 2.0000
Commercial 1.9661
Industrial (Average) 2.5421
Farmland 0.2500
Pipeline 1.4956
5. The tax rates for the year 2025, as shown on Schedule "A" attached, are
hereby assessed, levied and imposed on the whole rateable property
assessments within the Town of Smiths Falls and the levying and collecting
of the said rates are hereby authorized and directed.
6. The tax rates for the year 2025, as shown on Schedule "B" attached, are, in
addition to the above, hereby assessed, levied and imposed on the property
assessments within the Downtown Business Improvement Area as
established by by-law, and the levying and collecting of the said rates are
hereby authorized and directed.
7. The assessment made in the year 2024, based on current values as per
returned roll for 2025 prepared under the provisions of the Assessment Act,
Charter A. 31, R.S.O. 1990 as amended, shall be the assessment on which
the final tax rates shall be fixed and levied and the final tax shall be fixed and
levied on such assessment. Notwithstanding all adjustments made to the
assessment, including supplementaries, write-offs, Assessment Review
Board decisions and Minutes of Settlement on or before the 31st day of
December, 2024 shall be recognized.
8. The Treasurer is hereby authorized and directed to issue final tax billings for
all tax classes within the Town of Smiths Falls and to collect all taxes levied
and owing for the year 2025. Taxes owing shall be calculated as the
difference between the total amount levied and any interim installment paid to
date.
9. The final taxes shall be due and payable in two (2) installments as follows:
50% of the final levy rounded upward to the next whole dollar shall become
due and payable on the 30th day of June 2025 and the balance of the final
levy shall become due and payable on the 31st day of August 2025.
10. Penalty at the current rate established by by-law shall be added on the first of
each month following the due dates until paid.
11. The Tax Collector 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,
a written or printed notice specifying the amount of taxes payable.
12. Taxes shall be payable at the Office of the Tax Collector in the Townhall.
The Tax Collector is authorized to accept part payment on account of any
taxes due and to give a receipt for such payment.
13. Taxes may also be payable, at the option of the taxpayer, at any Chartered
Bank or through an Online Portal on the Town website.
14. The provisions of the by-law shall come into force and take effect upon
passing thereof.
Read a first and second time this 20th day of May 2025
Read a third time and passed this 20th day of May 2025
Mayc([//^L/r/
0:\Bylaws & Agreements&Policy\TAXES\2025\10620-2025 2025 Tax Rates By-Law.doc
The Town of Smiths Falls
By-Law^^^^^B Schedule A
2025 General Tax Rates Levy
Assessment Type
Commercial Taxable: Full
Commercial Taxable Vacant UniVExcess Land
Commercial Taxable: Vacant Land
Shopping Centre Taxable: Full
Shopping Centre Taxable: Vacant Unit Excess Land
Parking Lots
Farmlands Taxable: Full
Industrial Taxable: Full under 1,500,000
Industrial Taxable: Vacant Unit/Excess Land under 1,
Industrial Taxable: Vacant Land under 1,500,000
Large Industrial: Full Under 1,500,000
Large Industriall: Full Over 1,500,000
Large Industrial: Excess Land Under 1,500,000
Large Industrial: Excess Land Over 1,500,000
Multi-Residential Taxable: Full
Multi-Residential Taxable: Full
Multi-Residential Taxable: Full
Multi-Residential Taxable: Full
New Multi-Residential Taxable: Full
Pipeline Taxable: Full
Res/Farm Taxable: Full
Res/Farm Taxable: Full
Res/Farm Taxable: Full
Res/Farm Taxable: Full
RTC/
RTQ
CT
cu
ex
ST
su
ST
FT
IT
IU
IX
LT
LT
-u
-u
VIT
VIT
VIT
VIT
^1T
'T
yr
?T
%T
VT
School
Support
No Support
No Support
No Support
No Support
Mo Support
No Support
English Pub
No Support
Mo Support
Mo Support
sjo Support
Mo Support
^o Support
^o Support
English Pub
English Sep
=rench Pub
:rench Sep
English Pub
^lo Support
English Pub
English Sep
:rench Pub
:rench Sep
Assessment
150,937,14-1
2,344,547
1,406,70C
9,439,900
44,700
70,000
116,700
3,553,OOG
118,300
391,400
1,488,900
18,646,100
11,100
137,900
38,811,013
1,658,499
30,606
158,082
52,565,700
2,452,000
545,466,767
55,267,215
1,083,796
3,052,031
General Tax Rate
0.0371256'
0.0259879C
0.0259879C
0.0371256i
0.02598796
0.0259879C
0.00472071
0.0422256:1
0.0274466E
0.0274466E
0.0422256^
0.0496772E
0.0274466E
0.0322902;
0.0377656E
0.0377656E
0.0377656E
0.0377656E
0.0188828^)
0.02824116
0.0188828-1
0.01888284
0.01888284
0.01888284
Total General
Taxes Levied
5,603,64C
60.93C
36,557
350,462
1,162
1,81£
551
150,02£
3,247
10,742
62,87C
926,287
30£
4,453
1,465,724
62,634
1,156
5,970
992,59G
69,247
10,299,962
1,043,602
20,465
57,631
School Tax Rate
0.0088000C
0.0088000C
0.0088000C
0.0088000C
0.0088000C
0.0088000C
0.0003825C
0.0077454£
0.00774545
0.00774545
0.00774545
0.00911228
0.00774545
0.0091122S
0.00153000
0.00153000
0.00153000
0.00153000
0.00153000
0.00880000
0.00153000
0.00153000
0.00153000
0.00153000
Total School
Taxes Levied
1,328,247
20,63;
12,37£
83,071
39;
6ie
4£
27,52C
9ie
3,032
11,532
169.90S
ee
1,257
59,381
2,53£
47
242
80,42£
21,57fi
834,564
84,558
1,658
4,670
Total
Combined
Rate
0.04592565
0.03478796
0.03478796
0.04592565
0.03478796
0.03478796
0.00510321
0.04997112
0.03519213
0.03519213
0.04997112
0.05878955
0.03519213
0.04140251
0.03929568
0.03929568
0.03929568
0.03929568
0.02041284
0.03704118
0.02041284
0.02041284
0.02041284
0.02041284
889,252,100
21,232,034
2,749,295
23,981,329'
Town of Smiths Falls
By-Law^^^^^B Schedule "B"
Calculation of 2025 DBIA Levy
Commercial
Commercial Taxable: Full
Commercial Taxable: Vacant Unit/Excess Land
Commercial Taxable Vacant Land
Shopping Centre Taxable: Full
Shopping Centre Taxable Vacant Unit/Excess Land
Totals
Vacant Weighted Tax
Assessment Weighting Rate Taxes Levied
24,507,090
379,000
0
1,889,300
0
26,775,390
1
0.7
0.7
1
0.7
0.00466453
0.00325117
0.00325117
0.00466453
0.00325117
114,314
1,232
0
8,813
0
124,359