2014 - 06-2014 County Levy and Tax Rates By-law

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The Corporation of the County Of Essex By -Law No. 06 -2014 A By -law to Adopt The Estimates For The Sums Required During The Year 2014 For The Corporation Of The County Of Essex And To Establish Tax Rates For Same Against The Local Municipalities Whereas the Council of the County of Essex has reviewed its estimates for the year 2014; And whereas Section 289(1) of the Municipal Act, 2001, S.O. 2001, c.25, as amended, provides that the Council of an upper -tier municipality shall, in each year, prepare and adopt a budget including estimates of all sums required during the year for the purposes of the upper -tier municipality; And whereas the Council of the County of Essex has approved the 2014 County of Essex estimates in accordance with Schedule 1 attached hereto; And whereas the distribution of the amount to be levied for County purposes is illustrated in Schedule 2 attached hereto; And whereas Section 311(2) of the Municipal Act, 2001, S.O. 2001, c.25, as amended, provides that the Council of an upper -tier municipality shall, after the adoption of estimates for the year, pass a by -law directing each lower -tier municipality to levy a separate tax rate, as specified in the by -law, on the assessment in each property class in the lower -tier municipality rateable for upper -tier purposes.; And whereas Section 311 (6) of the said Act require tax rates to be established in the same proportion to tax ratios; And whereas the tax ratios for the 2014 taxation year have been set out in By -law Number 03 -2014 of the Corporation of the County of Essex, dated February 19, 2014; And whereas certain regulations require reductions in certain tax rates for certain classes or subclasses of property; And whereas Sections 315 and 322 of the Municipal Act, 2001, S.O. 2001, c.25, as amended, provide for the apportionment of payments in lieu of taxes and taxation of certain railway and power utility lands, and for the number of instalments and due dates thereof and the rate of interest to be paid on the amount in default if a local municipality fails to make a payment, or portion thereof; And whereas tax rates for each property class will be calculated for County purposes;