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O. Reg. 130/04: Tax Matters - Transition Ratios and Average Transition Ratios
filed May 14, 2004 under Municipal Act, 2001, S.O. 2001, c. 25
Skip to contentontario regulation 130/04
made under the
municipal act, 2001
Made: May 14, 2004
Filed: May 14, 2004
Printed in The Ontario Gazette: May 29, 2004
Amending O. Reg. 385/98
(Tax Matters — Transition Ratios and Average Transition Ratios)
1. Section 4 of Ontario Regulation 385/98 is revoked and the following substituted:
4. (1) The transition ratios set out in Table 4 are prescribed for 2004 for the purposes of subsections 308 (10) and (11) of the Act for the municipalities set out in that Table.
(2) If no transition ratio is set out in Table 4 for a property class for a municipality, the upper limit of the allowable range for tax ratios prescribed for the property class is prescribed as the transition ratio for the purposes of subsection 308 (10) of the Act.
2. Table 4 of the Regulation is revoked and the following substituted:
Table 4
transition ratios and average transition ratios for 2004
|
Municipality |
Transition ratios |
Average transition ratios |
|||||||||
|
Multi-residential property class |
Commer-cial property class |
Industrial property class |
Pipe line property class |
New multi-residential property class |
Office building property class |
Shopping centre property class |
Parking lots and vacant land property class |
Large indus-trial property class |
Commer-cial property classes |
Indus-trial property classes |
|
|
The Archipelago, Township of |
|
1.079008 |
1.127301 |
|
|
|
|
|
|
|
|
|
Barrie, City of |
1.078700 |
1.393800 |
1.441100 |
0.981000 |
|
|
|
|
|
|
|
|
Brantford, City of |
2.408500 |
2.082000 |
3.902400 |
1.740400 |
|
|
|
|
|
|
|
|
Essex, County of |
2.53500 |
1.125700 |
2.026400 |
1.434400 |
|
1.224900 |
1.226400 |
0.591400 |
2.802200 |
1.116100 |
2.230000 |
|
Grey, County of |
1.440929 |
1.225218 |
1.778261 |
0.803588 |
|
|
|
|
|
|
|
|
Gananoque, Town of |
2.288900 |
2.115900 |
3.590100 |
1.578900 |
|
|
|
|
|
|
|
|
Kawartha Lakes, City of |
2.048700 |
1.278300 |
1.782600 |
1.662000 |
|
|
|
|
|
|
|
|
Kingston, City of |
2.662704 |
1.866847 |
3.204133 |
1.017222 |
1.000000 |
|
|
|
|
|
|
|
London, City of |
2.223638 |
1.948818 |
2.676796 |
1.506931 |
|
|
|
|
|
|
|
|
Niagara Region |
2.099000 |
1.662100 |
3.203800 |
1.422000 |
|
|
|
|
3.527900 |
|
3.338318 |
|
Orillia, City of |
1.640808 |
2.023139 |
1.703553 |
2.295673 |
|
|
|
|
|
|
|
|
Perth, County of |
2.260133 |
1.246937 |
1.969158 |
1.639061 |
|
|
|
|
|
|
|
|
Simcoe, County of |
1.910000 |
1.252100 |
1.874500 |
1.296600 |
|
|
|
|
|
|
|
|
Stormont, Dundas and Glengarry, County of |
2.736100 |
1.537800 |
1.876900 |
1.234000 |
|
|
|
|
3.768700 |
|
2.571900 |
|
Toronto, City of |
3.817465 |
3.858168 |
4.336779 |
1.923564 |
1.000000 |
|
|
|
|
|
|
|
Waterloo, Region of |
2.580000 |
1.950000 |
2.610000 |
1.161300 |
1.000000 |
|
|
|
|
|
|
|
Wellington, County of |
2.192600 |
1.359900 |
2.673700 |
2.030300 |
|
|
|
|
|
|
|
|
York, Region of |
1.000000 |
1.207000 |
1.373700 |
0.919000 |
|
|
|
|
|
|
|
3. This Regulation shall be deemed to have come into force on January 1, 2004.
Made by:
Gregory Sorbara
Minister of Finance
Date made: May 14, 2004.