Report to: General Committee                                                  Date of Meeting: May 26, 2008

 

 

SUBJECT:                          2008 Tax Rate and Levy Bylaw Report

PREPARED BY:               Paul Wealleans, Director, Taxation

 

 

RECOMMENDATIONS:

THAT a by-law to provide for the levy and collection of property taxes totalling $469,324,052 required by the Town of Markham, Regional Municipality of York and the  Boards of Education in a form substantially similar to the attached Appendix and satisfactory to the Town Solicitor and to provide for the mailing of notices requesting payment of taxes for the year 2008, as set out as follows, be approved:

 

Town of Markham:       $102,254,653

Region of York:            $194,918,649

School Boards: $172,150,750

Old Markham BIA:      $        -

Unionville BIA: $        -

Total                            $469,324,052

 

AND THAT this report be forwarded to the Council meeting of May 27, 2008 for its consideration;

 

AND THAT staff be authorized and directed to do all things necessary to give effect to this resolution.

 

EXECUTIVE SUMMARY:

Not applicable.

 

PURPOSE:

The purpose of this report is to obtain authorization for the adoption of the tax rates for the 2008 tax year for the levy requirements of the Town of Markham, Region of York and the school boards. The budgets for the both Unionville and Markham Village Business Improvement Areas (BIAs) have not yet been approved by Council therefore are not included. However, for the Town to bill and collect the 2008 BIA levies, they must be approved by Council prior to the September commercial billing.   


 

BACKGROUND:

The Municipal Act, 2001 provides that the Council of a local municipality shall, after the adoption of estimates for the year, pass a by-law to levy a separate tax rate upon all property assessed in the local municipality rateable for local municipal purposes, upper- tier purposes and education purposes as may be appropriate.

 

 

 

 

 

 

OPTIONS/ DISCUSSION:

Council has approved its 2008 Budget estimates for Town services requiring property taxes to be levied as follows:

 

2008 Town of Markham Tax Levy:                                       $102,254,653

                                 

The Regional Municipality of York has approved its 2008 Budget estimates requiring property taxes to be levied as follows:

                        2008 Region of York total requisition:                                   $697,083,050                  2008 Town of Markham % share:                                                 27.96%

                        2008 Town of Markham $ share:                                          $194,918,649

 

 

All the required regulations establishing the tax rates for the levy of 2008 property taxes for education purposes have been passed by the Province and received by the Municipality.  The total levy to be raised for 2008 education purposes is $171,777,637.

 

The tax instalment due dates for the residential class for the 2008 taxation year will be July 22, August 19 and September 23. However, as in the past, the added complexities for the non–residential classes related to provincially legislated requirements, will result in the non-residential properties to be billed later in 2008.  The tax instalment due dates for Commercial, Industrial and Multi-Residential will be October 21, November 18 and December 9. For the Town to bill and collect the 2008 BIA levies, the BIA budgets must be approved by Council prior to the September commercial billing.

 

FINANCIAL CONSIDERATIONS:

The proposed tax rates have been calculated to achieve the tax revenue requirements of the 2008 budgets, as approved by Town of Markham Council and the Region of York Council. The education tax rates are established by regulations issued by the Province of Ontario.


 

FINANCIAL TEMPLATE:

Not applicable.

 

ENVIRONMENTAL CONSIDERATIONS:

None

 

ACCESSIBILTY CONSIDERATIONS:

None

 

ENGAGE 21st CONSIDERATINS:

None

 

 

 

 

BUSINESS UNITS CONSULTED AND AFFECTED:

Legal Services Department

 

 

 

RECOMMENDED

                            BY:    ________________________          ________________________

                                      Barb Cribbett, Treasurer                     Andy Taylor, Commissioner

                                                                                                Corporate Services

 

 

ATTACHMENTS:

Appendix A - Draft Levy Bylaw

 

 

Q:\Finance\SHARED\2008 General Committee Finance\823 2008 Tax Levy Bylaw.doc

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                Appendix A: Draft Levy Bylaw

 

A by-law to provide for the levy and collection

of sums required by The Corporation of the Town of Markham

for the year 2008 and to provide for the mailing of

notices demanding payment of taxes for the year 2008

.

 

WHEREAS Section 312 of the Municipal Act, 2001, S.O. 2001, c.25, provides that the Council of a local municipality shall, after the adoption of estimates for the year, pass a by-law to levy a separate tax rate on the assessment in each property class; and

 

WHEREAS Sections 307 and 308 of the said Act require taxes to be levied upon the whole of the assessment for real property according to amounts assessed under the Assessment Act, R.S.O. 1990, c. A.31 and that tax rates are to be established in the same proportion to tax ratios; and

 

WHEREAS estimates have been prepared showing the sum of $102,254,653 raised for the lawful purpose of The Corporation of the Town of Markham for the year 2008, $194,918,649 for the Region of York and $172,150,750 for the Boards of  Education; and

 

WHEREAS the Assessment Roll made in 2007 and upon which 2008 taxes are to be levied, was returned by the Municipal Property Assessment Corporation and is the last revised Assessment Roll; and

 

WHEREAS the total taxable assessment within the Town of Markham is $36,623,951,825;

 

 

NOW THEREFORE ENACTED BY THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE TOWN OF MARKHAM THE FOLLOWING:

 

 

1.         The following property tax ratios are to be applied in determining tax rates for taxation in 2008:

CLASS                                                TAX RATIO

for residential/farm property tax class                1.0000

for multi-residential property tax class                1.0000

for commercial property tax classes                               1.2070

for industrial property tax classes                                   1.3737

 

for pipelines property tax class                                      0.9190

for farmland property tax class                                      0.2500

for managed forest property tax class                            0.2500

 

 

2.         The sum of $102,254,653 shall be levied and collected for the TOWN OF MARKHAM purposes for the year 2008, such amount to be provided for as follows:

 

 

 

 

 

 

 

 

Assessment

Tax Rate

Taxes

Residential/Farm (RT)

30,051,454,512

0.270413%

$81,263,125

Residential (RH)

5,468,000

0.270413%

$14,786

Multi-Residential (MT)

278,833,675

0.270413%

$754,003

Commercial (CT/DT/ST)

4,935,482,312

0.326389%

$16,108,863

Commercial (CJ)

2,181,000

0.228472%

$4,983

Commercial (CH)

15,861,945

0.326389%

$51,772

Commercial (CU/DU/SU)

52,543,584

0.228472%

$120,047

Commercial (CX)

146,909,900

0.228472%

$335,648

Commercial (C1)

21,170,000

0.067603%

$14,312

Industrial (IT/LT)

842,526,962

0.371467%

$3,129,707

Industrial (IH)

5,980,000

0.371467%

$22,214

Industrial (IU)

5,780,560

0.241453%

$13,957

Industrial (IX)

89,813,600

0.241453%

$216,858

Industrial (LU)

1,705,000

0.241453%

$4,117

Industrial (I1)

39,688,000

0.067603%

$26,830

Pipelines (PT)

47,828,000

0.248510%

$118,857

Farmland (FT)

80,724,775

0.067603%

$54,573

Total

36,623,951,825

 

$102,254,653

 

 

 

 

 

 

 

 

 

 

 

 

3.         The sum of $194,918,649 shall be levied and collected for the Town of Markham's share of the REGIONAL MUNICIPALITY OF YORK Budget for the year 2008,        such amount to be provided for as follows:

 

 

 

Assessment

Tax Rate

Taxes

 

 

 

 

Residential/Farm (RT)

30,051,454,512

0.515464%

$154,904,429

Residential/Farm (RH)

5,468,000

0.515464%

$28,186

Multi-Residential (MT)

278,833,675

0.515464%

$1,437,287

Commercial (CT/DT/ST)

4,935,482,312

0.622165%

$30,706,844

Commercial (CJ)

2,181,000

0.435516%

$9,499

Commercial (CH)

15,861,945

0.622165%

$98,687

Commercial (CU/DU/SU)

52,543,584

0.435516%

$228,836

Commercial (CX)

146,909,900

0.435516%

$639,815

Commercial (C1)

21,170,000

0.128866%

$27,281

Industrial (IT/LT)

842,526,962

0.708093%

$5,965,874

Industrial (IH)

5,980,000

0.708093%

$42,344

Industrial (IU)

5,780,560

0.460260%

$26,606

Industrial (IX)

89,813,600

0.460260%

$413,376

Industrial (LU)

1,705,000

0.460260%

$7,847

Industrial (I1)

39,688,000

0.128866%

$51,144

Pipelines (PT)

47,828,000

0.473711%

$226,566

Farmland (FT)

80,724,775

0.128866%

$104,027

Total

36,623,951,825

 

$194,918,649

 

 

 

            4.         The sum of $172,150,750 shall be levied and collected for the Town of Markham's share of the BOARDS OF EDUCATION Budget for the year 2008, such amount to be provided for as follows:

 

 

Assessment

Tax Rate

Taxes

 

 

 

 

Residential/Farm (RT)

30,051,454,512

0.264000%

$79,335,840

Multi-Residential (MT)

278,833,675

0.264000%

$736,121

Commercial (CT/DT/ST)

4,935,482,312

1.492897%

$73,681,667

Commercial (CU/DU/SU

52,543,584

1.045028%

$549,095

Commercial (CX)

146,909,900

1.045028%

$1,535,249

Commercial (C1)

21,170,000

0.066000%

$13,972

Industrial (IT/LT)

842,526,962

1.656911%

$13,959,922

Industrial (IU)

5,780,560

1.076992%

$62,256

Industrial (IX)

89,813,600

1.076992%

$967,285

Industrial (I1)

39,688,000

0.066000%

$26,194

Industrial (LU)

1,705,000

1.076992%

$18,363

Pipeline (PT)

47,828,000

1.752935%

$838,394

Farmlands (FT)

80,724,775

0.066000%

$53,278

Total

36,594,460,880

 

$171,777,637

 

 

 

 

 

Plus:     Commercial Taxable – Full share PIL (CH/CJ/IH/RH)                          $373,113

            Taxed at education rate but revenue retained by Town

                       

Total Education Levy                                                                        $172,150,750

                                                                    

 

           

5.    Only units in the following Residential Condominium properties shall be entitled to receive a grant for waste collection and disposal services, for 2008:

 

YRC #226                   7811 Yonge Street                   148 Units

                        YRC #344                   8111 Yonge Street                   199 Units

                        YRC #550                   7451 Yonge Street                   21 Units          

            YRC #618                   55 Austin Drive                        142 Units

            YRC #636                   25 Austin Drive                        149 Units

            YRC #784                   7805 Bayview Avenue  341 Units

            YRC #792                   610 Bullock Drive                    235 Units

            YRC #794                   7825 Bayview Avenue  337 Units

                        YRC #887                   Bethune Way                            28 Units

 

6.         The sum of $1,286 shall be levied against all properties in the Farmland Class and collected for membership fees in the FEDERATION OF AGRICULTURE for the Region of York for the year 2008, such amount to be provided for as follows:

 

                                                ASSESSMENT    TAX                      TAXES

                                                                              RATE

            Farmland (FT)         $      80,724,775       0.001593%             $1,286

 

 

7.         There shall be levied upon the MARKHAM STOUFFVILLE HOSPITAL the amount of $18,375, pursuant to Section 323 (3) of the Municipal Act, 2001, such amount being the sum of $75.00 for each of the 245 provincially rated beds and a levy upon SENECA COLLEGE in the amount of $100,575 pursuant to Section 323 (1) of the Municipal Act, 2001, such sum being $75.00 for each of the 1,341 full time enrolled students as determined by the Minister of Training, Colleges and Universities.

 

8.         There shall be levied upon Utility Transmission Lines (UT) the sum of $895,184.08 for the year 2008, such amount to be provided for as follows:

 

            MUNICIPAL PURPOSES:

           

            Description                               Acres   Rate per Acre               Taxes

           

            Hydro One                             438.24       $834.02                    $365,500.92

           

            EDUCATION PURPOSES:

 

            Hydro One                             438.24      $1,208.66                  $529,683.16

            TOTAL                                                                                                                                                                                                 $895,184.08

 

 

9.         There shall be levied upon Railway Rights of Ways (WT) the sum of $482,901.69 for the year 2008, such amount to be provided for as follows:

 

            MUNICIPAL PURPOSES:

 

            Description                               Acres   Rate per Acre               Taxes

 

            Canadian National Railways           256.29     $611.33               $156,677.77

            Canadian Pacific Railways                48.42     $611.33            $29,600.60        Greater Toronto Transit Authority    75.15    $611.33                      $ 45,941.45

 

            EDUCATION PURPOSES:

            Canadian National Railways     256.29             $822.69            $210,847.22

            Canadian Pacific Railways           48.42              $822.69           $ 39,834.65

            TOTAL                                                                                   $482,901.69

 

10.       For the purposes of paying the owners' portion of debt charges as authorized by the following local improvement by-laws, the amounts listed below shall be levied and collected from the owners of the properties liable therefore:

 

            BY-LAW NO              PURPOSE                                          AMOUNT

 

            REGIONAL BY-LAW

 

            D92-90-41

            (SL-35-387)(2010) Hagerman Corners Sanitary Sewers               $83,658.00

            TOWN BY-LAW

           

            Fence                     LG 0089 (Markham Beautification)                  $18,896.99

 

 

            (2008-2025)          2007-368                                                          $6,178.67

                                          Buttonville

 

            DOVE

            (SF-DOVE)(2012) Dove Lane Sanitary Sewers                              $2,185.30

 

            TOTAL LOCAL IMPROVMENTS                                        $110,918.96

 

 

 

11.       For the purposes of paying the owners' portion of debt charges pursuant to the Section 391 of the Municipal Act, 2001 as authorized by the following by-laws, the amounts listed below shall be levied and collected from the owners of the properties liable therefore:

 

 

 

 

            BY-LAW NO              PURPOSE                                          AMOUNT

 

           

            TOWN BY-LAW

                                         

            (2008-2016)          Cachet Estates/Glenbourne Park Drive           $705,503.40

                                         

            (2008-2025)          Milmar Court                                                   $13,111.45

                                         

            (2008- 2015)         Jennings Gate                                                $120,508.30

 

            TOTAL                                                                                      $839,123.15

 

 

12.       Pursuant to Regional By-law No. A-0303-2002-020, a tax rebate totaling $3,674.57 (Town share is $946.45) be provided to the Markham District Veterans Association for its property located at 7 Washington Street for 2008 upon the provision of documentation in a form satisfactory to the Treasurer.

 

13.       That the Treasurer shall add to the Collector's Roll, all or any arrears for service provided by: the, the WEED CONTROL ACT, the PUBLIC UTILITIES ACT, the TILE DRAINAGE ACT, and the ONTARIO BUILDING CODE; and any other collection agreements charges approved by Council which shall be collected by the Collector in the same manner and at the same time as all other rates and levies.

 

14.       The INTERIM TAX LEVIES which were payable in three installments on February 20, 2008, March 19, 2008 and April 23, 2008 shall be shown as a reduction on the final levy.

 

 

15.      The net amount of Taxes levied by this By-law shall be due and payable in equal installments as follows:

 

           Residential, Farmland and Pipelines properties:  July 22, 2008

                                                                                               August 19, 2008

                                                                                               September 23, 2008

 

           Commercial, Industrial and Multi-Residential properties:

                                                                                               October 21, 2008

                                                                                               November 18, 2008

                                                                                               December 9, 2008

 

16.       That those residential property owners who have applied and meet the conditions for the Pre-authorized Payment Program for taxes as approved by Council shall have the taxes levied under this by-law paid by automatic withdrawal in six (6) equal installments on July 1, 2008, August 1, 2008, September 1, 2008, October 1, 2008, November 1, 2008 and December 1, 2008.

 

17.       As provided in Sub Section 342(1)(e) of the Municipal Act 2001, in the event of the default of payment of any installment by the day named for payment thereof, the subsequent installment or installments shall forthwith become payable.

 

18.       As provided in Sub Sections 345(1) and (2) of the Municipal Act 2001, if the taxes or any class or installment thereof so levied in accordance with this By-law remain unpaid four business days following the due date, or on the first day of each calendar month thereafter, a penalty of one and one quarter per cent (1 1/4%) (15.0 % per annum) of the taxes remaining unpaid shall be levied until December 31, 2008.

 

19.       As provided in Sub Section 345(3) of the Municipal Act 2001, if any taxes levied pursuant to this By-law remain unpaid as at December 31, 2008, interest at the rate of one and one quarter per cent (1 1/4%) (15.0 % per annum) of the unpaid taxes shall be levied from January 1, 2009 and for each month or fraction thereof until such taxes are paid.

 

20.       All taxes levied by any by-law and which remain unpaid as at the date of passing this by-law, shall have interest charged at the same rate of one and one quarter per cent (1 1/4 %) per month (15.0 % per annum) calculated on the unpaid taxes, on the first day of each calendar month for so long as the taxes remain unpaid.

 

21.       The Treasurer is hereby authorized to mail or cause to be mailed, the notice provided for by Section 343 of the Municipal Act 2001, to the address or place of business of the person or persons to whom such notice is required to be given.

 

22.       Taxes are payable at the Municipal Office for The Corporation of the Town of Markham, 101 Town Centre Boulevard, Markham, Ontario, L3R 9W3.  Upon payment of any applicable fee, and if paid on or before the due date imprinted on the bill, taxes may also be paid at most chartered banks in the Province of Ontario.

 

23.       Residents who qualify for the Low Income Seniors and Low Income Disabled Tax Deferral program need to apply to the Tax Section in accordance with the program policies as established by the Regional Municipality of York.  The amount of deferral for 2008 will be determined once the application has been approved.  The deferral amount may not be reflected on the 2008 final tax billing issued in accordance with this By-law.

 

 

 

 

 

READ A FIRST, SECOND AND THIRD TIME AND PASSED THIS __ DAY OF

___ 2008.

 

 

 

________________________                                    _______________________

Sheila Birrell, Town Clerk                                             Frank Scarpitti, Mayor