ONTARIO REGULATION 512/00

made under the

Municipal Act

Made: September 12, 2000
Filed: September 13, 2000

Amending O. Reg. 230/99

(Tax Matters — Delegated Municipalities)

1. (1) Section 8 of Ontario Regulation 230/99 is amended by striking out “For 1998 and 1999” at the beginning and substituting “For 1998, 1999 and 2000”.

(2) Section 8 of the Regulation is amended by adding the following paragraphs:

2.3 For the purpose of determining the adjustments to be made under paragraph 5 of subsection 447.47 (1) of the Act for 2000, the adjustment referred to in subsection 16.4 (1) of Ontario Regulation 7/99 shall be determined by multiplying the municipal tax adjustment by the 1997-level taxes with phase-in where,

“Municipal tax adjustment” means the fraction set out in paragraph 2.4 for the property class and the municipality the property class is in; and

“1997-level taxes with phase-in” has the same meaning as in paragraph 1.

2.4 The municipal tax adjustments for 2000 for the purposes of paragraph 2.3 are set out in the following Table:

TABLE
2000 PRESCRIBED MUNICIPAL TAX CHANGE ADJUSTMENTS FOR THE REGION OF PEEL

 

Municipality	Fraction for Property Class
	Multi-Residential	Commercial	Industrial
Brampton, C	0.0197648	0.0086605	0.0091590
Caledon, T	0.0098914	-0.0002155	-0.0076406
Mississauga, C	0.0042048	0.0019084	0.0032827

2. (1) Section 11 of the Regulation is amended by adding the following paragraph:

4. For the purposes of determining the adjustments to be made under paragraph 5 of subsection 447.47 (1) of the Act for 2000, the adjustment referred to in subsection 16.4 (1) of Ontario Regulation 7/99 shall be determined by multiplying the municipal tax adjustment by the 1997-level taxes with phase-in where,

“Municipal tax adjustment” means the fraction set out in Table 3 of this section for the property class and the municipality the property class is in; and

“1997-level taxes with phase-in” has the same meaning as in paragraph 1.

(2) Section 11 of the Regulation is amended by adding the following Table:

TABLE 3
2000 PRESCRIBED MUNICIPAL TAX CHANGE ADJUSTMENTS FOR THE REGION OF YORK

 

Municipality	Fraction for Property Class
	Multi-Residential	Commercial	Industrial
Aurora, T	0.01906	0.00893	-0.00661
East Gwillimbury, T	0.00223	-0.00091	0.00112
Georgina, T	0.09889	0.03300	0.01490
King, Tp	0.03602	0.01353	-0.00891
Markham, T	0.03054	0.03316	0.01686
Newmarket, T	0.06749	0.02884	0.01020
Richmond Hill, T	-0.01276	-0.00124	-0.02474
Vaughan, C	0.04683	0.02285	0.00891
Whitchurch-Stouffville, T	0.01231	-0.00204	-0.00890

 

Ernie Eves

Minister of Finance

Dated on September 12, 2000.