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HomeMy WebLinkAbout91-66 THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW RUHBER 91- 66 BEING A BY-LAW TO ADOPT THE ESTDmTES OF ALL SUHS REQunum DURING THE YEAR FOR THE SCHOOL BOARDS AND REGIONAL GOVERNHENT PURPOSES AND TO STRlltE THE RATES OF TAXATION FOR THE YEAR 1991. WHEREAS, the Council of the Corporation of the Town of Newcastle, has, in accordance with the Municipal Act, considered the estimates of the School Boards and Regional Government and it is necessary that the following sums be raised by means of taxation for the year 1991. 1991 1990 $ 7,619,764 $ 7,005,793 12,928,457 11,582,866 10,281,781 9,121,257 1,319,917 1,139,272 1,521,947 1,211,080 $ 33,671,866 $ 30,060,268 Regional Purposes Elementary School - Public Secondary School - Public Elementary School - Separate Secondary School - Separate TOTAL 1989 $ 5,851,636 9,376,671 7,880,635 770,722 826,795 $24,706,459 ------------- ------------- ============ ============ AND WHEREAS, the Assessment Roll made in 1990 and upon which the 1991 taxes are to be levied is the latest returned assessment roll, which is still subject to revision by the Court of Revision; Public School Separate School 1991 48,959,578 7,173,435 Residential and Farm 1990 46,062,274 6,510,220 1989 40,994,866 5,207,871 1991 9,295,497 279,351 Commercial and Business 1990 1989 8,999,302 8,666,175 214,773 152,235 1991 58,255,075 7,452.786 65,707,861 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 1991 totalling $33,671,866 (1990 - $30,060,268) 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 1991 $ 7,619,764 12,928,457 10,281,781 1,319,917 1,521.947 $ 33,671,866 ============= 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 ============= ============ ~,' \ '.... .( .. Page Two 2. There shall be levied and collected upon the assessable land, buildings, and businesses within the Corporation of the Town of Newcastle, the following rates for this year 1991: HILL RATES PUBLIC SCHOOL SUPPORTERS OVerall % RESIDENTIAL COMMERCIAL Increase 1991 1990 1989 1991 1990 1989 Regional Government 113.057 110.480 103.427 133.008 129.976 121. 679 (2.3) Elementary 215.850 204.465 183.173 253.942 240.547 215.497 (5.6) secondary 171. 662 161. 012 153.948 201.955 189.425 181.115 (6.6) SEPARATE SCHOOL SUPPORTERS Secondary 1991 113.057 175.940 202.870 1990 110.480 168.459 179.077 1989 103.427 143.071 153.581 1991 133.008 206.990 238.670 1990 129.976 198.187 210.679 1989 121. 679 168.319 180.565 (2.3) (4.4) (13.3) Regional Government Elementary ...3 (' .. . . .. Page Three 3. All taxes, including local improvements assessments, shall be deemed to have been imposed and become due and payable on the 1st day of January 1991 but may be paid in four installments, of which, two installments will be to receive interim taxes levied under authority of By-law 74-23, amended by By-law 80-145. 4 . The remaining taxes including local improvement assessments, after deduction of taxes levied prior to the adoption of these estimates may be paid in two installments on the 21st day of June and 20th day of September 1991. 5. There shall be imposed a penalty for non-payment of taxes on the first day of default of any installment thereof, the amount of 1 1/4% of the amount due and unpaid on the first day of each calendar month thereafter in which default continues, but not after the end of the year in which the taxes are levied, under authority of By-law 83-38. 6. In accordance with the Municipal Act Section 386 (1) R.S.O. 1980, "in default of payment of any instalment by the day named for payment thereof, the subsequent instalment or instalments shall forthwith become payable". 7. The Tax Collector is hereby authorized to mail or cause to be mailed the notice of taxes due to the address of the residence or place of business of the person to whom notice is required to be given. 8. All 1991 taxes shall be paid during the calendar year of 1991 at the Municipal Offices or at most branches of chartered banks and trust companies in the Regional Municipality of Durham and Port Hope. All prior years taxes shall be paid into the office of the Treasurer. 9. The Tax Collector and Treasurer are hereby empowered to accept part payment from time to time on account of any taxes due. 10. This By-Law shall come into force and effect upon the date of the final reading thereof. By-law read a first and second time this 27th day of May, 1991. By-law read a third time and finally passed this 27th day of May, 1991. t< Mayor '" ~ .... , ".