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BY-LAW lIUHBER 90-92
THE CORPORATION OF THE TOWN OF NEWCASTLE
BEING A BY-LAW TO ADOPT TBB ESTIKATES OF ALL SUKS
REQUIRED DURING THE YEAR FOR THE SCHOOL BOARDS AND
REGIONAL GOVERRMENT PURPOSES AND TO STRIKE THE RATES
OF TAXATION FOR THE YEAR 1990.
WHEREAS, the Council of the Corporation of the Town of Newcastle, has, in accordance with the Municipal
School Boards and Regional Government and it is necessary that the following sums be raised by means of
1990
$ 7,005,793
11,582,866
9,121,257
1,139,272
1,211,080
$30,060,268
Regional Purposes
Elementary School - Public
Secondary School - Public
Elementary School - Separate
Secondary school - separate
TOTAL
Act, considered the estimates
taxation for the year 1990.
1989
$ 5,851,636
9,376,671
7,880,635
770,722
826,795
$24,706,459
of the
AND WHEREAS, the Assessment Roll made in 1989 and upon which the 1990 taxes are to be levied is the latest returned assessment roll, which is
still subject to revision by the Court of Revision;
Residential
and Farm
Public School
Separate School
1990
46,062,274
6,510,220
1990
8,999,302
214,773
1989
40,994,866
5,207,871
Commercial
and Business
1989
8,666,175
152,235
TOTAL
1990
55,061,576
6,724,993
61,786,569
1989
49,661,041
5,360,106
55,021,147
AND WHEREAS, Chapter 302 Section 158 of the Municipal Act RSO 1980, states that the Council of every local Municipality in each year shall levy
in the manner set in the Ontario Unconditional Grants Act, on the whole of the assessment for real property and business assessment according to
the last revised assessment roll, a sum equal to the aggregate of the sums adopted under Section 164.
NOW THEREFORE, THE COUNCIL OF THE CORPORATION OF THE TOWN OF NEWCASTLE ENACTS AS FOLLOWS:
1. That the estimated expenditures required during the year 1990 totalling $30,060,268 (1989 - $24,706,459) be adopted and the following
amounts be levied therefore in the manner as set hereunder:
Regional Purposes
Elementary School - Public
Secondary School - Public
Elementary School - Separate
Secondary School - Separate
1990
$ 7,005,793
11,582,866
9,121,257
1,139,272
1,211,080
$ 30,060,268
1989
$ 5,851,636
9,376,671
7,880,635
770,722
826,795
$24,706,459