ASSESSMENT AND PROPERTY TAX REGULATIONS: LIST OF REGULATIONS FILED IN

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1 ASSESSMENT AND PROPERTY TAX REGULATIONS: LIST OF REGULATIONS FILED IN Note: This document is provided for general information only. It is not a legal document. The Ministry of Finance does not warrant this to be a complete list of all regulations dealing with assessment and property tax matters. For complete information on the contents of regulations, or for precise interpretation, please refer to the full text of the regulations as printed in the Ontario Gazette. REGULATION DATE FILED MINISTER LEGISLATION SUBJECT MATTER O. Reg. 523/97 December 22, 1997 Municipal Affairs Municipal Act C Prescribes property classes for purpose of section 220 (BIAs); C Deadline for establishing tax ratios for 1998 extended to May 31, 1998; C Interim levy on farmlands, managed forests, conservation lands O. Reg. 32/98 February 5, 1998 Municipal Affairs Municipal Act Amendment to O. Reg. 26/96 re: BIA boards of management. O. Reg. 33/98 February 5, 1998 Municipal Affairs Municipal Act Taxation of international bridges. O. Reg. 34/98 February 6, 1998 Municipal Affairs Municipal Act Amendment to O. Reg. 26/96 re: imposition of fees on telecommunications business. O. Reg. 35/98 February 6, 1998 Municipal Affairs Municipal Act C Deadline for delegating tax ratio setting authority to lowertiers extended to March 15, 1998; C Deadline for Minister to designate upper-tier municipality for delegation purposes extended to May 1, 1998; C Deadline for delegated lower-tiers to establish tax ratios for 1998 extended to May 31, O. Reg. 119/98 March 18, 1998 Municipal Affairs Municipal Act Interim levy for 1998 (increased percentage that may be requested by upper-tiers from lower-tiers). Page 1 of 23

2 O. Reg. 248/98 May 25, 1998 Municipal Affairs Municipal Act Typographical amendments to O. Reg. 33/98. O. Reg. 249/98 May 25, 1998 Municipal Affairs Municipal Act Amendment to O. Reg. 523/97: Deadline for establishing tax ratios for 1998 extended to July 15, O. Reg. 250/98 May 25, 1998 Municipal Affairs Municipal Act Amendments to O. Reg. 35/98: C deadline for Minister to designate upper-tier for delegation purposes extended to June 15, 1998; C deadline for upper-tiers to amend or repeal delegation bylaw for 1998 extended to May 31, 1998; C deadline for delegated lower-tiers to establish tax ratios for 1998 extended to July 15, O. Reg. 270/98 June 11, 1998 Finance Assessment Act Revises definition of assessment region numbers 9, 10, 11 and 12 to reflect the City of Toronto amalgamation. O. Reg. 282/98 June 12, 1998 Finance Assessment Act C Property classes (definitions of classes and sub-classes); C Conservation land (eligibility criteria for exemption); C Dispute resolution procedures for farmlands, managed forests and conservation land; C Pipeline assessment (rates). O. Reg. 346/98 June 26, 1998 Education Education Act Extends deadline for municipalities to pay June 30, 1998 school board instalment to September 30, 1998, and provides that the instalment shall be paid to the province. O. Reg. 382/98 July 2, 1998 Finance Municipal Act Distribution of payments in lieu of taxes (sharing between lowertier, upper-tier and school boards). O. Reg. 383/98 July 2, 1998 Finance Municipal Act Farmland pending development percentage reductions. O. Reg. 384/98 July 2, 1998 Finance Municipal Act Maximum heads and beds amount that may be levied under section 157 of the Municipal Act for the 1998 tax year. O. Reg. 385/98 July 2, 1998 Finance Municipal Act Transition ratios. O. Reg. 386/98 July 2, 1998 Finance Municipal Act Ranges of fairness. Page 2 of 23

3 O. Reg. 387/98 July 2, 1998 Finance Municipal Act Municipal tax rates for railway and hydro rights-of-way. O. Reg. 388/98 July 2, 1998 Finance Municipal Act Gross receipts tax (GRT) rate that may be levied against telephone and telegraph companies under section 159 of the Municipal Act for the 1998 tax year. O. Reg. 389/98 July 2, 1998 Finance Municipal Act Increase in tax rates (despite ratios) to fund rebates to charities (s ) and businesses (s ). O. Reg. 390/98 July 2, 1998 Finance Assessment Act For 1998 and 1999, premises do not need to be offered for lease to be eligible for inclusion in vacant units and excess land sub-class (amendment to O. Reg. 282/98). O. Reg. 391/98 July 2, 1998 Finance Assessment Act Revocation of various regulations under Assessment Act (e.g. prescribed class factors under s. 58(3) reassessments). O. Reg. 392/98 July 2, 1998 Finance Education Act Education tax rates for railway and hydro rights-of-way. O. Reg. 393/98 July 2, 1998 Finance Education Act Definition of eligible theatre under Education Act. O. Reg. 394/98 July 2, 1998 Finance Education Act Definition of business property and residential property under Education Act. O. Reg. 400/98 July 7, 1998 Finance Education Act Education tax rates for residential, multi-residential, farmlands, and managed forests; and education tax rates for pipeline in organized territory. Requisition July 7, 1998 Finance Education Act Education tax requisition for commercial, industrial and pipeline property classes. Page 3 of 23

4 O. Reg. 406/98 July 13, 1998 Municipal Affairs Municipal Act C Revokes O. Regs. 523/97, 534/97, 249/98; C Prescribed property classes for purpose of section 220 (BIAs); C Deadline for establishing tax ratios for 1998 (August 14, 1998); C Deadline for upper-tier rating by-laws for 1998 (August 14, 1998); C Deadline for establishing graduated tax rates for 1998 (August 14, 1998); C Interim levy on farmlands, managed forests, conservation lands; C Calculation of 1998 assessment-related tax increase or decrease for PIL properties. O. Reg. 407/98 July 13, 1998 Municipal Affairs Municipal Act Amendments to O. Reg. 35/98: C deadline for Minister to designate an upper-tier for delegation is extended to July 15, 1998; C deadline for delegated lower-tier to set tax ratios is extended to August 14, 1998; C designation of York and Peel for delegation purposes for 1998; C prescribes upper-tier apportionments (portion of upper-tier levy to be raised from each lower-tier) in Peel and York. O. Reg. 408/98 July 14, 1998 Finance Education Act Amendment to O. Reg. 400/98: Revises table heading re: pipeline rates. O. Reg. 409/98 July 14, 1998 Finance Municipal Act Amendment to O. Reg. 385/98: Transition ratios for City of London. O. Reg. 426/98 July 27, 1998 Finance Municipal Act Amendment to O. Reg. 385/98: Transition ratios for the County of Essex, the City of Thunder Bay and the City of Windsor. Page 4 of 23

5 O. Reg. 427/98 July 27, 1998 Finance Municipal Act Amendments to O. Reg. 382/98 re: payments in lieu: C adding definition of taxes ; C adding airport authority PILs to list in section 2(4) of regulation; C removing Municipal Grants Act from list in section 3(3) of regulation; C direction that PILs on railway and hydro rights-of-way shall be retained by lower-tier (not shared with upper-tier or school board). O. Reg. 433/98 August 6, 1998 Finance Municipal Act Amendment to O. Reg. 385/98: Transition ratios for the Town of Kenora and the City of Sault Ste. Marie. O. Reg. 434/98 August 6, 1998 Finance Municipal Act Education tax reductions and prescribed factors for new construction for City of Toronto under 2.5% cap. O. Reg. 438/98 August 7, 1998 Finance Education Act Amendment to O. Reg. 400/98: Education tax rates for commercial, industrial and pipeline property in unorganized territory. O. Reg. 439/98 August 7, 1998 Finance Provincial Land Tax Act Interim PLT rates for 1998 for residential, multi-residential, farmlands and managed forests property classes. Page 5 of 23

6 O. Reg. 455/98 August 14, 1998 Municipal Affairs Tenant Protection Act O. Reg. 474/98 August 26, 1998 Municipal Affairs Municipal Extra- Territorial Tax Act Amendments to O. Reg. 194/98: Prescribes rules for rent reductions resulting from property tax reductions: C minimum percentage tax reduction which triggers rent reduction; C method for calculating rent reduction; C effective date of rent reduction; C minimum number of rental units which triggers municipal notice requirement; C notice period and service requirements. Prescribes rules for applications to ORHT: C circumstances under which tenant may apply to Tribunal to vary rent reduction; C evidence to be filed with application; C deadline for applying to Tribunal; C determinations to be made by Tribunal. The industrial classes as defined in section 363(20) of the Municipal Act are prescribed as extra-territorial property classes. O. Reg. 480/98 August 27, 1998 Municipal Affairs Municipal Act Amendment to O. Reg. 406/98: The deadline for establishing tax ratios is extended for certain restructured municipalities. O. Reg. 492/98 September 10, 1998 Finance Local Roads Boards Act O. Reg. 493/98 September 10, 1998 Finance Provincial Land Tax Act Defines farmland and managed forest land to facilitate lower tax rate (25% of residential rate) on farmland and managed forest in unorganized territory to replicate treatment in municipalities. C Defines farmland and managed forest land to facilitate lower tax rate (25% of residential rate) on farmland and managed forest in unorganized territory to replicate treatment in municipalities; C Sets out procedure to appeal classification as farm or managed forest. Page 6 of 23

7 O. Reg. 494/98 September 10, 1998 Finance Education Act Amendment to O. Reg. 392/98: Education tax rates for railway and hydro rights-of-way: revokes and replaces Table 1 and amends Tables 2 and 4. O. Reg. 495/98 September 10, 1998 Finance Municipal Act Amendment to O. Reg. 387/98: Municipal tax rates for railway and hydro rights-of-way: revokes and replaces Table 1 and amends Tables 2 and 4. O. Reg. 496/98 September 10, 1998 Finance Municipal Act Amendment to O. Reg. 434/98: Revokes and replaces table with new construction factors under cap. O. Reg. 497/98 September 10, 1998 Finance Local Services Boards Act Regulation under Local Services Boards Act defines farmland and managed forest land to facilitate lower tax rate (25% of residential rate) on farmland and managed forest in unorganized territory to replicate treatment in municipalities. O. Reg. 498/98 September 10, 1998 Finance Municipal Act Amendment to O. Reg. 385/98: Transition ratios for municipalities that chose optional classes and for certain restructured municipalities. O. Reg. 499/98 September 10, 1998 Finance Education Act Amendment to O. Reg. 400/98: Tax reductions for vacant units and excess land for commercial and industrial property in unorganized territory. O. Reg. 500/98 September 11, 1998 Education Education Act Amendment to O. Reg. 346/98 to further extends deadline for municipalities to pay June 30, 1998 school board instalment to October 30, O. Reg. 509/98 September 15, 1998 Finance Education Act Education tax mitigation measures for unorganized territory. O. Reg. 589/98 November 6, 1998 Municipal Affairs Municipal Act Amendment to O. Reg. 406/98: The deadline for establishing tax ratios is extended for certain restructured municipalities. O. Reg. 622/98 December 1, 1998 Finance Education Act Amendment to O. Reg. 509/98: Extension of deadline for seniors deferral application in unorganized territory from November 1 to December 31, Page 7 of 23

8 O. Reg. 635/98 December 10, 1998 Municipal Affairs Tenant Protection Act Amendment to O. Reg. 194/98 (as amended by O. Reg. 455/98): C revises notice deadlines; C revises application deadline. O. Reg. 701/98 December 22, 1998 Finance Municipal Act Extends deadline (from December 31, 1998 to January 31, 1999) for municipalities to adopt the cap. O. Reg. 702/98 December 22, 1998 Finance Municipal Act Amendment to O. Reg. 385/98: Transition ratios for municipalities that chose optional classes. O. Reg. 703/98 December 22, 1998 Finance Municipal Act Transition ratios for restructured municipalities. O. Reg. 704/98 December 22, 1998 Finance Municipal Act Amendment to O. Reg. 434/98: Reduction of tenant s cap in the City of Toronto (2.4% instead of 2.5%). O. Reg. 705/98 December 22, 1998 Finance Education Act Amendment to O. Reg. 392/98: Education tax rates for railway and hydro rights-of-way: amendment of rates in certain municipalities. O. Reg. 706/98 December 22, 1998 Finance Municipal Act Amendment to O. Reg. 387/98: Municipal tax rates for railway and hydro rights-of-way: C rules for sharing between upper-tier and lower-tier; C amendment of rates in certain municipalities. O. Reg. 707/98 December 22, 1998 Finance Education Act Amendment to O. Reg. 400/98: Education tax rates for pipeline in organized territory -- amendment of rates in certain localities. O. Reg. 708/98 December 22, 1998 Finance Provincial Land Tax Act Amendment to O. Reg. 439/98: Interim PLT -- amendment of rates in certain localities. O. Reg. 709/98 December 22, 1998 Finance Municipal Act Amendment to O. Reg. 382/98: PILs on defence properties -- adds City of Gloucester to chart. Page 8 of 23

9 O. Reg. 710/98 December 23, 1998 Municipal Affairs Municipal Act Extension of deadlines for 1998 (to January 31, 1999) for establishing tax ratios, adopting graduated tax rates, adopting phase-ins, establishing rebate programs under section O. Reg. 711/98 December 23, 1998 Municipal Affairs Municipal Act Interim levies: C allowing municipalities to interim bill residential class for 1999 prior to resolution of 1998 (10-5-5) adjustments on other classes; C allowing municipalities to levy 1999 taxes on or before February 1, 1999 if certain conditions are met. O. Reg. 721/98 December 29, 1998 Finance Assessment Act Amendment to O. Reg. 282/98: Extends deadline to apply for inclusion in vacant units and excess land subclasses for 1999 tax year from November 1, 1998 to January 31, O. Reg. 6/99 January 13, 1999 Finance Municipal Tax Assistance Act Authorizes the province to make payments in lieu of taxes in respect of exempt property that is occupied (as tenant) by provincial Crown entities. O. Reg. 7/99 January 13, 1999 Finance Municipal Act Instructions for calculating municipal tax changes (budgetary increases) and business education tax cut under the cap (Division B) and the threshold (Division C). O. Reg. 8/99 January 14, 1999 Finance Assessment Act Amendment to O. Reg. 282/98: Further extends deadline to apply for inclusion in vacant units and excess land subclasses for 1999 tax year from November 1, 1998 to February 28, O. Reg. 46/99 February 3, 1999 Finance Assessment Act Conservation Land (amendment to O. Reg. 282/98): C establishes criteria for determining eligible conservation land for 1999 and future years (former regulation dealt only with the 1998 tax year); C revises application requirements and dispute resolution mechanisms for 1999 and future years. Page 9 of 23

10 O. Reg. 47/99 February 3, 1999 Finance Municipal Act Rebates to Charities under Division B ( Cap): C establishes amount of rebate to be paid to charities; C establishes due dates for rebate payments; C provides for repayment of 1998 rebates that were paid to charities prior to implementation of cap. O. Reg. 50/99 February 5, 1999 Finance Municipal Act Prescribes information that must be included in the 1998 tax adjustment notices that municipalities send to commercial, industrial and multi-residential taxpayers (to explain adjustments resulting from implementation of the 10% cap for 1998.) O. Reg. 52/99 February 5, 1999 Municipal Affairs Municipal Act Revokes sections 2 and 6 of O. Reg. 406/98: C s last day for municipalities to establish tax ratios for 1998; C s last day for municipalities to establish bands for graduated tax rates for O. Reg. 53/99 February 5, 1999 Municipal Affairs Municipal Act Deadline extensions: C extends deadline to February 28, 1999 for establishing tax ratios, graduated tax rates, phase-ins, and rebates for 1998; C revokes O. Reg. 710/98. O. Reg. 54/99 February 5, 1999 Municipal Affairs Municipal Act Date changes for 1999 levies (amendment to O. Reg. 711/98): C s municipalities may not levy 1999 taxes before March 1, 1999 (previous dates were December 31, 1998 and February 1, 1999), subject to exceptions in section 3 and 4 of O. Reg. 711/98; C s municipalities may levy 1999 taxes before March 1, 1999 if prescribed conditions are met. O. Reg. 77/99 February 26, 1999 Finance Municipal Act Revokes O. Reg. 701/98 (re: deadline to choose cap for 1998). Page 10 of 23

11 O. Reg. 78/99 February 26, 1999 Finance Education Act Amends O. Reg. 509/98 (mitigation measures for unorganized territory): C phase-in for residential and multi-residential classes only; C applies cap to commercial and industrial classes; C revises amount of rebate to charities; C prescribes new construction factors for commercial and industrial property during cap; C prescribes amount of education tax cut under cap. O. Reg. 79/99 February 26, 1999 Finance Education Act Amendment to O. Reg. 400/98: Revises education tax rates for commercial, industrial, and pipeline property classes in unorganized territory. O. Reg. 80/99 February 26, 1999 Finance Municipal Act Amendments to O. Reg. 7/99: C adjusts municipal budgetary calculations for restructured municipalities; C extends deadline for choosing cap to February 28, 1999 for 1998 tax year; C international bridges excluded from the cap; C prescribes new construction factors for municipalities; C provides that interim levies shall be based on 50% of the previous years taxes; C provides a three-year phase-in of municipal taxes for previously unorganized territory that has become part of a municipality. O. Reg. 135/99 March 24, 1999 Municipal Affairs Municipal Act Deadline for upper-tier municipalities to pass rating by-laws for 1999 tax year extended to April 30, O. Reg. 175/99 March 26, 1999 Finance Assessment Act Refund of Assessment Review Board appeal fees for 1998 taxation year where settlement reached under section 39.1 reconsideration process. Page 11 of 23

12 O. Reg. 218/99 April 1, 1999 Education Education Act Extends deadline for municipalities to pay first quarter education tax instalment from March 31 to April 30, 1999, and directs municipalities to pay instalment to Province instead of to school boards. O. Reg. 230/99 April 13, 1999 Finance Municipal Act Implementation of cap in upper-tier municipalities that delegated tax ratio setting authority to lower-tiers (Peel and York). O. Reg. 234/99 April 20, 1999 Finance Municipal Act Amendments to O. Reg. 7/99: C deadline for opting into or out of the cap (Division B) for the 1999 tax year is extended from March 31, 1999 to April 30, C construction factors for municipalities that restructured midyear. C technical changes to the formula for calculating the municipal proxy (1/3 phase-in) for unorganized territory that became part of a municipality in C distributing surplus municipal funds and provincial share of rebate in Hamilton-Wentworth. C application of the cap to special commercial assessments of mines in Marathon and Manitouwadge under the Municipal Extra-Territorial Tax Act. C clawbacks must be limited to 100%. C additions to the tables of business education tax cuts (Table 1), municipal levy changes (Table 2), and LSR amounts (Table 3). C deadline for taxpayers to file appeals under section 442 in respect of clerical errors or errors in judgment in the preparation of the frozen assessment listing for 1998 extended from February 28, 1999 to February 29, 2000, and the deadline for the ARB to deal with these applications is extended from April 30, 1999 to April 30, Page 12 of 23

13 O. Reg. 300/99 May 3, 1999 Education Education Act Extends deadline to June 30, 1999 for school boards (in territory without municipal organization) to pay first quarter education tax instalment. O. Reg. 301/99 May 3, 1999 Municipal Affairs Municipal Act Amendment to O. Reg. 135/99: Deadline for upper-tier municipalities to pass rating by-laws for 1999 tax year extended to June 30, O. Reg. 307/99 May 5, 1999 Finance Education Act Amendment to O. Reg. 400/98: Prescribes new education tax rates for residential, multi-residential, farmland and managed forest property classes (reflecting the 10% rate reduction announced in the 1999 Budget). O. Reg. 308/99 May 5, 1999 Finance Education Act Amendment to O. Reg. 400/98: Prescribes commercial and industrial education tax rates for 1999, and prescribes education tax reductions for Belleville's and Brockville's industrial property classes (matching their municipal tax reductions). O. Reg. 320/99 May 6, 1999 Finance Municipal Act Amendment to O. Reg. 388/98: GRT rate for O. Reg. 342/99 May 25, 1999 Finance Municipal Act Amendment to O. Reg. 387/98: Municipal tax rates for railway and power utility rights-of-way for O. Reg. 343/99 May 25, 1999 Finance Education Act Amendment to O. Reg. 392/98: Education tax rates for railway and power utility rights-of-way. O. Reg. 344/99 May 25, 1999 Finance Municipal Act Amendment to O. Reg. 47/99: Extends the deadline for municipalities to provide rebates to eligible charities for the 1998 tax year from April 30, 1999 to June 30, O. Reg. 345/99 May 25, 1999 Finance Assessment Act Amendment to O. Reg. 282/98: Extends moratorium on the requirement that premises be leased or offered for lease in order to qualify for the vacant units and excess land sub-class for the 2000 tax year. Page 13 of 23

14 O. Reg. 346/99 May 25, 1999 Finance Education Act Amendment to O. Reg. 509/98: Provides that education taxes in unorganized territory shall be distributed in accordance with sections and of the Education Act. O. Reg.347/99 May 25, 1999 Finance Provincial Land Tax Act Amendments to O. Reg. 439/98: C adds reference to 1999 tax year to authorize collection of interim PLT for 1999; C prescribes new interim PLT rates for Moosonee. O. Reg.348/99 May 25, 1999 Finance Municipal Act Amendments to O. Reg. 7/99: C prescribes municipal-specific multi-residential adjustment factors; C provides a standardized date as of which all 1998 municipal levy changes shall be calculated; C requires upper-tier and single-tier municipalities to establish a fixed date as of which to calculate the cap and clawback, and on or after which bills can be issued; C provides methodology for billing supplementary assessments; C requires the frozen assessment listing to be revised to reflect changes in vacancy classification made for the 1998 tax year as a result of an appeal or reconsideration; C adjusts amount of education tax cut for Belleville s industrial class for 1998 to match municipal tax reduction; C prescribes municipal levy adjustments for certain restructured municipalities. Page 14 of 23

15 O. Reg. 351/99 June 4, 1999 Finance Assessment Act Amendment to O. Reg. 282/98: Changes property classification of inactive portions of aggregate sites starting in (Formerly, these sites were in the vacant industrial sub-class; in 2000, they will be in the residential class. Active portions of aggregate sites will remain in the industrial class.) O. Reg. 379/99 June 30, 1999 Finance Municipal Act Amendment to O. Reg. 384/98: Establishes the heads and beds payment-in-lieu rate for certain exempt institutions (universities, colleges, hospitals, and correctional institutions). The 1998 rate of $75 per head or bed is continued for Page 15 of 23

16 O. Reg. 380/99 June 30, 1999 Finance Municipal Act Amendments to O. Reg. 434/98: C prescribes the method for distributing the business education tax cut for 1999; C prescribes the method for distributing the residential education tax cut to multi-residential properties for 1999; C prescribes a method for calculating taxes on new buildings with unfinished portions that are added to the assessment roll at year-end; C enables changes to be made to the apportionment of a mixed use property on the frozen assessment listing when the apportionment is adjusted on a reconsideration or appeal; C provides direction on how to bill supplementary assessments; C requires the frozen assessment listing to be revised to reflect changes in vacancy classification made for the 1998 tax year as a result of an appeal or reconsideration; C excludes from the 2.5% cap the generation and transformer stations owned by Ontario Power Generation and its subsidiaries, Ontario Hydro Services Company and its subsidiaries, and municipal electrical utilities incorporated under the Business Corporations Act; C provides for the allocation of 1997 school mill rates among the various boards in a municipality for new properties. O. Reg. 381/99 June 30, 1999 Finance Municipal Act Amendment to O. Reg. 703/98: Prescribes new transition ratios for eight municipalities that restructured on January 1, Page 16 of 23

17 O. Reg. 382/99 June 30, 1999 Finance Municipal Act Amendments to O. Reg. 7/99: C prescribes the method for determining the tax destination of capped property for the purpose of calculating the cap and clawback for 1999; C prescribes the method for calculating and distributing the business education tax cut for 1999; C prescribes the method for calculating and distributing the residential education tax cut for multi-residential properties for 1999; C prescribes the method for calculating municipal tax adjustments (levy changes) for 1999; C extends the deadline to opt into or out of Division B for the following municipalities (in response to requests from those municipalities): the County of Victoria, the City of Elliot Lake, the City of Pembroke, and the Municipality of Chatham- Kent; C excludes from the limits the generation and transformer stations owned by Ontario Power Generation and its subsidiaries, Ontario Hydro Services Company and its subsidiaries, and municipal electrical utilities; C phase-in of municipal taxes for properties in unorganized territory that were annexed to a municipality (for those that were annexed in 1998, 2/3 of the municipal taxes will be phased in for 1999; for those that were annexed on January 1, 1999, 1/3 of the municipal taxes will be phased in for 1999); C prescribes a method for calculating taxes on new buildings with unfinished portions that are added to the assessment roll at year-end; C enables changes to be made to the apportionment of a mixed use property on the frozen assessment listing when the apportionment is adjusted on a reconsideration or appeal; Page 17 of 23

18 O. Reg. 388/99 July 6, 1999 Education Education Act Authorizes school boards in unorganized territory to levy interim education taxes and interim PLT (up to 50% of amount levied in previous year). O. Reg. 395/99 July 29, 1999 Finance Education Act Amendment to O. Reg. 400/98: C Prescribes education tax rates for unorganized territory for C Revises education tax rate reduction for City of Brockville industrial class (correcting error in O. Reg. 308/99, matching municipal tax reduction). C Implements education tax rate reduction for Hamilton- Wentworth industrial class (matching municipal tax reduction). C Implements education tax rate reduction for Niagara industrial class (matching municipal tax reduction). Page 18 of 23

19 O. Reg. 396/99 July 29, 1999 Finance Municipal Act Amendment to O. Reg. 7/99: C Provides method for calculating and distributing the 1999 business education tax cut in municipalities that adopted graduated tax rates. C Clarifies definition of 1999 assessment rolls. C Technical amendment to formula for calculating municipal levy changes for multi-residential properties in Division B. C Provides method for distribution of funds previously committed in respect of the rebate program to commercial and industrial properties in the Region of Ottawa-Carleton for the 1998 tax year. C Prescribes municipal levy changes for certain municipalities for whom the general formula in the regulation does not work (e.g. restructured municipalities). Prescribed figures are derived from OPTA. C Adds the City of Nanticoke to Table 8 (allocation of 1997 school mill rates for new properties). O. Reg. 397/99 July 29, 1999 Finance Education Act Amendment to O. Reg. 509/98: Provides method for calculation and distribution of education taxes under the cap in unorganized territory for the 1999 tax year. The regulation adopts the provisions of O. Reg. 7/99 dealing with calculation for determining the tax destination of capped property for the purpose of calculating the cap and clawback (Part I.1), and calculating and distributing the business education tax cut and residential education tax cut (Part II.1). Page 19 of 23

20 O. Reg. 398/99 July 29, 1999 Finance Municipal Act Amendment to O. Reg. 47/99: Extends the deadline for municipalities in Division B ( cap) to provide rebates to charities for the 1998 and 1999 tax years. For municipalities that have not issued recalculated 1998 bills or final 1999 bills by June 1, 1999, the deadline is extended to 60 days following the issuance of these bills. O. Reg. 399/99 July 29, 1999 Finance Municipal Act Amendment to O. Reg. 230/99: Prescribes municipal levy changes for the 1999 tax year for Peel and York Regions. O. Reg. 400/99 July 29, 1999 Finance Municipal Act Amendment to O. Reg. 385/98: Prescribes transition ratio for the large industrial property class for Oxford County for the 1998 tax year. O. Reg. 407/99 August 12, 1999 Finance Municipal Act Amendment to O. Reg. 387/98: Prescribes municipal tax rates for railway and hydro rights-of-way for 1999 for certain municipalities for whom the general phase-in formula (phasing in to regional rates) will not work (e.g. restructured municipalities). O. Reg. 408/99 August 12, 1999 Finance Education Act Amendment to O. Reg. 392/98: Prescribes education tax rates for railway and hydro rights-of-way for 1999 for certain municipalities for whom the general phase-in formula (phasing in to regional rates) will not work (e.g. restructured municipalities). O. Reg. 409/99 August 12, 1999 Finance Municipal Act Amendment to O. Reg. 7/99: Extends the deadline for the Municipality of Neebing to adopt the cap (Division B) for the 1998 and 1999 tax years. Page 20 of 23

21 O. Reg. 410/99 August 12, 1999 Finance Municipal Act Amendment to O. Reg. 385/98: Corrects typographical errors in the transition ratios that were originally prescribed for the shopping centre property class in Durham Region and the commercial property class in the Town of Espanola. O. Reg. 420/99 August 19, 1999 Finance Municipal Act Amendment to O. Reg. 7/99: This regulation is intended to deal with municipalities who have unbalanced capped classes (generally small municipalities in the North who are experiencing revenue shortfalls under the cap as a result of assessment appeals losses). This regulation provides that if the cap does not balance in a municipality, the municipality is permitted to carry a revenue shortfall if the reason for the imbalance is either: 1. the taxes levied under the cap are less than would have been levied outside the cap (i.e. there is not enough money in the capped class); or 2. an assessment appeal has resulted in a significant assessment reduction of a property (at least a 10% reduction) which affects the calculation of taxes under the cap; or 3. the municipality has been restructured to annex unorganized territory. The effect of this regulation is to permit the affected municipalities to carry a revenue shortfall under the cap. Page 21 of 23

22 O. Reg. 421/99 August 19, 1999 Finance Education Act Amendment to O. Reg. 400/98: C Niagara: Corrects an error in the education tax rate reduction that was prescribed for the industrial property class in Niagara Region (matching municipal tax cut). C New Liskeard: Reduces education tax rate of New Liskeard s industrial class down to 3.3% (matching municipal tax cut). C Correcting Education Tax Rates: For municipalities that set incorrect education tax rates in 1998, this regulation prescribes adjustments to be made by these municipalities in 1999 to effect a correction to the 1998 and 1999 rates. O. Reg. 429/99 August 24, 1999 Education Education Act Revokes O. Regs. 218/99 and 300/99: Extends the deadline to August 31, 1999 for municipalities to pay the first and second quarter education tax instalments for (This deadline extension applies to those municipalities who have not re-billed 1998 taxes by June 1, 1999). The regulation also extends the deadline to October 29, 1999 for levying school boards in unorganized territory. Document prepared by: Ministry of Finance 7 Queen s Park Crescent Toronto ON M7A 1Y7 Page 22 of 23

23 Updated August 24, 1999 Page 23 of 23