O. Reg. 326/01: TAX MATTERS - TAX RATES FOR SCHOOL PURPOSES

 

ontario regulation 326/01

made under the

EDUCATION ACT

Made: August 18, 2001
Filed: August 20, 2001
Printed in The Ontario Gazette: September 8, 2001

Amending O. Reg. 400/98

(Tax Matters — Tax Rates for School Purposes)

Note: Since the end of 2000, Ontario Regulation 400/98 has been amended by Ontario Regulation 169/01.  Previous amendments are listed in the Table of Regulations published in The Ontario Gazette dated January 20, 2001.

1. Subsection 9 (2) of Ontario Regulation 400/98 is amended by striking out “Table 6” and substituting “Table 8”.

2. The Regulation is amended by adding the following section:

10. (1) The tax rate for school purposes for the commercial property classes in the City of Hamilton for 2001 is 0.02333261, but the rate for 2001 shall be reduced by 0.00195447.

(2) The tax rate for school purposes for the industrial property classes in the City of Hamilton for 2001 is 0.02518223, but the rate for 2001 shall be reduced by 0.00046884.

3. (1) Table 8 of the Regulation is amended by striking out the tax rates for Grey Co, Northeastern Manitoulin & the Island, Owen Sound C and Powassan M and substituting the following:

 

Grey Co	0.01925202	0.02747425	0.01063742
Northeastern Manitoulin & the Island Tp	0.01211599	0.01358476	0.00503200
Owen Sound C	0.02361048	0.03843228	0.02245142
Powassan M	0.01233750	0.01761128	0.01228572

(2) Table 8 of the Regulation is amended by adding the following municipalities and tax rates:

 

Blind River T	0.02839935	0.03086344	0.01515063
Brethour Tp			0.03196768
Greenstone M	0.01739853	0.02635245	0.00415112
Hilliard Tp			0.03677359
Sioux Narrows Nestor Fall Tp	0.01393956	0.01325114

 

James M. Flaherty

Minister of Finance

Dated on August 18, 2001.