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THE CORPORATION OF THE TOWN OF SMITHS FALLS
BY-LAW NO. 10697-2026
A BY-LAW TO ESTABLISH TAX RATES AND POLICIES FOR THE PURPOSES OF
RAISING THE GENERAL MUNICIPAL REVENUES ON THE YEAR 2026 AND TO
IMPOSE THE FINAL 2026 TAX LEW ON ALL PROPERTIES WITHIN THE
TOWN OF SMITHS FALLS
I
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 2026 have been adopted by the
Municipal Council by virtue of By-law No. 10670-2026; and
WHEREAS the property assessment roll for the Town of Smiths Falls on which the 2026
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 2026.
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 2026, 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 2026, 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 2026, based on current values as per
returned roll for 2026 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, 2025 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 2026. 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 2026 and the balance of the final
levy shall become due and payable on the 31st day of August 2026.
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 1st day of June 2026
Read a third time and passed this 1st day of June 2026
Mayor
f^/ ^^. ^A^JS^L
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The Town of Smiths Falls
By-Law 10689-2026, Schedule A
2025 General Tax Rates Levy
Assessment Type
RTC/
RTQ
School
Support
Assessment
General Tax Rate
Total General
Taxes Levied
School Tax Rate
Total School
Taxes Levied
Total
Combined
Rate
Commercial Taxable: Full
CT
No Support
153,870,644
0.03854494
5,930,934
0.00880000
1,354,062
0.047344938
Commercial Taxable Vacant Unit/Excess Land
CU
No Support
2,344,547
0.02698146
63,259
0.00880000
20,632
0.035781457
Commercial Taxable: Vacant Land
CX
No Support
1,394,000
0.02698146
37,612
0.00880000
12,267
0.035781457
Shopping Centre Taxable: Full
ST
No Support
9,439,900
0.03854494
363,860
0.00880000
83,071
0.047344938
Shopping Centre Taxable: Vacant Unit Excess Land
SU
No Support
44,700
0.02698146
1,206
0.00880000
393
0.035781457
Parking Lots
GT
No Support
70,000
0.02698146
1,889
0.00880000
616
0.035781457
Farmlands Taxable: Full
FT
English Pub
116,700
0.00490118
572
0.00038250
45
0.00528368
Industrial Taxable: Full under 1,500,000
IT
No Support
3,592,000
0.04384383
157,487
0.00774545
27,822
0.05158928
Industrial Taxable: Full 1,500,000 and over
IT
No Support
-
0.04967726
0
0.00911229
0
0.05878955
Industrial Taxable: Vacant Unit/Excess Land under 1,500,000IU
No Support
118,300
0.02849848
3,371
0.00774545
916
0.03624393
Industrial Taxable: Vacant Unit/Excess Land 1,500,000 and oIU
No Support
-
0.03229022
0
0.00911229
0
0.04140251
Industrial Taxable: Vacant Land under 1,500,000
IX
No Support
358,900
0.02849848
10,228
0.00774545
2,780
0.03624393
Large Industrial: Full Under 1,500,000
LT
No Support
1,488,900
0.04384383
65,279
0.00774545
11,532
0.05158928
Large Industriall: Full Over 1,500,000
LT
No Support
18,646,100
0.05158097
961,784
0.00911229
169,909
0.06069326
Large Industrial: Excess Land Under 1,500,000
LU
No Support
11,100
0.02849848
316
0.00774545
86
0.03624393
Large Industrial: Excess Land Over 1,500,000
LU
No Support
137,900
0.03352763
4,623
0.00911229
1,257
0.04263992
Multi-Residential Taxable: Full
MT
English Pub
39,249,171
0.03920944
1,538,938
0.00153000
60,051
0.04073944
Multi-Residential Taxable: Full
MT
English Sep
1,702,617
0.03920944
66,759
0.00153000
2,605
0.04073944
Multi-Residential Taxable: Full
MT
French Pub
32,807
0.03920944
1,286
0.00153000
50
0.04073944
Multi-Residential Taxable: Full
MT
French Sep
166,405
0.03920944
6,525
0.00153000
255
0.04073944
New Multi-Residential Taxable: Full
NT
English Pub
52,565,700
0.01960472
1,030,536
0.00153000
80,426
0.02113472
Pipeline Taxable: Full
PT
No Support
2,468,000
0.02932082
72,364
0.00880000
21,718
0.038120819
Res/Farm Taxable: Full
RT
English Pub
555,708,211
0.01960472
10,894,504
0.00153000
850,234
0.02113472
Res/Farm Taxable: Full
RT
English Sep
54,172,743
0.01960472
1,062,041
0.00153000
82,884
0.02113472
Res/Farm Taxable: Full
RT
French Pub
1,421,249
0.01960472
27,863
0.00153000
2,175
0.02113472
Res/Farm Taxable: Full
RT
French Sep
3,731,806
0.01960472
73,161
0.00153000
5,710
0.02113472
902,852,400
22,376,399
2,791,494
25,167,893
Commercial
Assessment
Vacant
Weighting
Weighted Tax
Rate
Taxes Levied
Commercial Taxable: Full
24,933,490
1
0.00485722
121,108
Commercial Taxable: Vacant Unit/Excess Land
379,000
0.7
0.00338547
1,283
Commercial Taxable Vacant Land
0
0.7
0.00338547
0
Shopping Centre Taxable: Full
1,889,300
1
0.00485722
9,177
Shopping Centre Taxable Vacant Unit/Excess Land
0
0.7
0.00338547
0
Totals
27,201,790
131,567
Budget
131,567.00
Difference
0
Town of Smiths Falls
By-Law 10689-2026; Schedule "B"
Calculation of 2026 DBIA Levy