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O. Reg. 234/06: Tax Matters - Transition Ratios and Average Transition Ratios
filed May 25, 2006 under Municipal Act, 2001, S.O. 2001, c. 25
Skip to contentontario regulation 234/06
made under the
municipal act, 2001
Made: May 25, 2006
Filed: May 25, 2006
Published on e-Laws: May 26, 2006
Printed in The Ontario Gazette: June 10, 2006
Amending O. Reg. 385/98
(Tax Matters — Transition Ratios and Average Transition Ratios)
1. Ontario Regulation 385/98 is amended by adding the following section:
6. (1) The transition ratios set out in Table 5 are prescribed, for the purposes of subsection 308 (10) of the Act, for the municipalities set out in Table 5 for 2006.
(2) If no transition ratio is set out in Table 3 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 subsections 308 (10) and (11) of the Act.
2. The Regulation is amended by adding the following Table:
Table 5
transition ratios and average transition ratios for 2006
Municipality |
Transition ratios |
Average transition ratios |
|||||||||
|
Multi-residen-tial property class |
Commer-cial property class |
Industrial property class |
Pipeline property class |
New multi-residen-tial 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 |
Barrie, City of |
1.099957 |
1.433126 |
1.516328 |
1.103939 |
|
|
|
|
|
|
|
Belleville, City of |
2.523611 |
1.937659 |
2.975054 |
1.234392 |
|
|
|
|
|
|
|
Calvin, Township of |
1.100000 |
1.522699 |
3.883049 |
2.512573 |
|
|
|
|
|
|
|
Carling, Township of |
1.100000 |
1.404996 |
2.193659 |
|
|
|
|
|
|
|
|
Espanola, Town of |
2.002931 |
1.573558 |
1.885146 |
1.210970 |
|
|
2.191775 |
|
3.043901 |
1.602157 |
2.974554 |
Greater Sudbury, City of |
2.059100 |
1.720574 |
2.559614 |
1.475204 |
1.000000 |
|
|
|
2.901185 |
|
2.772192 |
Grey, County of |
1.441197 |
1.306940 |
1.858187 |
0.906848 |
|
|
|
|
|
|
|
Kawartha Lakes, City of |
1.993090 |
1.312881 |
1.911851 |
1.927555 |
|
|
|
|
|
|
|
Kingston, City of |
2.738939 |
2.022091 |
2.654704 |
1.172800 |
1.000000 |
|
|
|
|
|
|
London, City of |
2.148689 |
2.097318 |
2.770447 |
1.740974 |
|
|
|
|
|
|
|
Machin, Township of |
0.934908 |
1.612918 |
1.130188 |
1.395561 |
|
|
|
|
|
|
|
McKellar, Township of |
1.100000 |
1.594929 |
1.740434 |
1.100000 |
|
|
|
|
|
|
|
Mississauga, City of |
1.778781 |
1.409816 |
1.570762 |
1.151172 |
|
|
|
|
|
|
|
Niagara, Region of |
2.060000 |
1.758601 |
3.177073 |
1.634647 |
1.000000 |
|
|
|
3.177073 |
|
3.177073 |
Orillia, City of |
1.674223 |
2.033653 |
1.731817 |
2.571826 |
1.100000 |
|
|
|
|
|
|
Ottawa, City of |
1.844983 |
2.175369 |
2.746772 |
1.543789 |
1.000000 |
2.628093 |
1.809481 |
1.425346 |
2.358772 |
2.290024 |
2.571873 |
Owen Sound, City of |
2.642374 |
2.416338 |
2.965671 |
3.571443 |
|
2.193198 |
2.875220 |
1.224253 |
5.119006 |
2.437767 |
4.360762 |
Parry Sound, Town of |
1.514485 |
1.664617 |
1.516235 |
0.884919 |
1.000000 |
|
|
|
|
|
|
Pembroke, City of |
1.873392 |
2.061054 |
4.654183 |
1.512964 |
|
|
|
|
|
|
|
Prescott and Russell, United Counties of |
1.908930 |
1.368270 |
2.831812 |
1.255723 |
|
|
|
|
3.805304 |
|
3.085067 |
Red Lake, Municipality of |
1.281321 |
1.654894 |
2.603641 |
|
|
|
|
|
2.713695 |
|
2.696406 |
St. Thomas, City of |
2.498704 |
1.947493 |
2.228073 |
1.244122 |
|
|
|
|
2.677404 |
|
2.544354 |
Simcoe, County of |
1.620336 |
1.310896 |
1.602107 |
1.484931 |
|
|
|
|
|
|
|
Stormont, Dundas and Glengarry, County of |
2.586100 |
1.537800 |
1.876900 |
1.334000 |
|
|
|
|
3.768700 |
|
2.455664 |
Strong, Township of |
1.000000 |
1.100000 |
1.100000 |
0.816426 |
|
|
|
|
|
|
|
Made by:
Gregory Sorbara
Minister of Finance
Date made: May 25, 2006.