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O. Reg. 351/06: Tax Matters - Transition Ratios and Average Transition Ratios

filed June 29, 2006 under Municipal Act, 2001, S.O. 2001, c. 25

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ontario regulation 351/06

made under the

municipal act, 2001

Made: June 28, 2006
Filed: June 29, 2006
Published on e-Laws: June 30, 2006
Printed in The Ontario Gazette: July 15, 2006

Amending O. Reg. 385/98

(Tax Matters — Transition Ratios and Average Transition Ratios)

1. Table 5 of Ontario Regulation 385/98 is amended by adding the following:

 

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

Greenstone,Municipality of

2.252552

1.329832

2.059943

0.740608

 

 

 

 

 

 

 

Hamilton, City of

2.746946

2.117369

3.524155

1.736660

1.000000

 

 

2.117369

4.132523

2.117369

3.891282

Thunder Bay, City of

2.740000

1.952709

2.430000

2.152000

 

 

 

 

2.627500

 

2.593520

Made by:

Gregory Sorbara

Minister of Finance

Date made: June 28, 2006.