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THE CORPORATION OF THE
TOWNSHIP OF WELLESLEY
BY-LAW NUMBER 1/2026
BEING A BY-LAW TO PROVIDE FOR AN INTERIM
TAX LEVY AND TO PROVIDE FOR THE PAYMENT
OF TAXES AND TO PROVIDE FOR PENALTY AND
INTEREST OF 1 ¼ PERCENT
WHEREAS Section 317(1) of the Municipal Act, 2001 as amended, provides that
the Council of a local municipality, before the adoption of the estimates for the year
under Section 290, may pass a by-law levying amounts on the assessment of property in
the local municipality rateable for local municipality purposes. 2001,c.25,s.317(1).
WHEREAS Section 317(3) of the Municipal Act, as amended, provides that the
amount levied on a property shall not exceed the prescribed percentage, or 50% if no
percentage is prescribed, of the total amount of taxes for municipal, regional and school
purposes levied on the property for the previous year.
WHEREAS Section 342(1) of the Municipal Act, as amended, provides that the
Council of a local municipality may pass by-laws providing for, (a) 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.
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE
TOWNSHIP OF WELLESLEY ENACTS AS FOLLOWS:
- An interim tax levy of 50% shall be levied for municipal, regional and school
purposes on the different property classes and shall be based on the previous year's taxes.
1. The said interim tax levy shall become due and payable on the last business day of
February 2026 and April 2026.
2. On all taxes of the interim levy, which are in default, a penalty of 1 ¼ percent shall be
added and thereafter a penalty of 1 ¼ percent per month will be added on the first day of
each and every month of default until December 31st, 2026;
3. (a) On all taxes of the interim tax levy in default on January 1st, 2026 interest will be
added at the rate of 1 ¼ percent per month for each month or fraction thereof of default;
(b) On all other taxes in default on January 1st, 2026, interest shall be added at the
rate of 1 ¼ percent per month or fraction thereof, and all by-laws and parts of by-laws
inconsistent with this policy are hereby rescinded;
4. Penalties and interest added on all taxes of the interim tax levy in default shall become
due and payable and shall be collected forthwith as if the same had originally been
imposed and formed part of such unpaid interim tax levy.
5. The 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 roll, a written or printed
notice specifying the amount of taxes payable.
READ A FIRST AND SECOND this 13th day of January 2026
___________________________
___________________________
Mayor Joe Nowak
Clerk, Amy Harron
READ A THIRD AND FINAL TIME AND PASSED this 13th day of January 2026
___________________________
___________________________
Mayor Joe Nowak
Clerk, Amy Harron