1. That the report dated May 19th, 2020 entitled “2020 Tax Rates and Levy By-law” be received; and,
2. That a by-law to provide for the levy and collection of property taxes totalling $757,117,957 required by the City of Markham, the Regional Municipality of York, Province of Ontario (Education) and Business Improvement Areas, in a form substantially similar to Appendix A (attached), satisfactory to the City Solicitor and provides for the mailing of notices and requesting payment of taxes for the year 2020, as set out as follows, be approved; and,
TAX LEVYING BODY
|
2020 TAX LEVY AMOUNT
|
City of Markham
|
$163,032,116
|
Region of York
|
$341,430,831
|
Province of Ontario (Education)
|
$252,201,149
|
Markham Village BIA
|
$239,640
|
Unionville BIA
|
$214,221
|
Total
|
$757,117,957
|
3. That staff be authorized to levy against Markham Stouffville Hospital and Seneca College the annual levy pursuant to Section 323 of the Municipal Act, 2001, as outlined in Section 9 of the attached by-law once the required information is received from the Ministry of Training, Colleges and Universities; and,
4. That the attached by-law be passed to authorize the 2020 Tax Rates and Levy By-law; and further,
5. That Staff be authorized and directed to do all things necessary to give effect to this resolution.
(By-law 2020-44)