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DocumentsBylawMay 8, 2023Pages 12–15

BYLAW NO. 2131

City of Langford Tax Rates Bylaw No. 2131, 2023 imposing tax rates for 2023 for municipal, regional district and regional hospital purposes and setting a minimum tax.

6.3 BYLAW NO. 2131 "City of Langford Tax Rates Bylaw No. 2131, 2023" (FIRST, SECOND AND THIRD READINGS)

Key facts

  • Purpose: levy property value taxes for the year 2023 pursuant to Section 197 of the Community Charter
  • Minimum taxation upon a parcel: One Dollar ($1.00)
  • Schedule A tax rates (Dollars of Tax Per $1000 Taxable Value) — Residential (Class 1): Municipal 2.05343; Regional District 0.44629; Regional Hospital 0.12621
  • Other class examples: Utilities (Class 2) Municipal 14.37400; Business/Other (Class 6) Municipal 5.80669
  • Readings and adoption placeholders in May 2023 (dates not filled in)

BYLAW NO. 2131

A BYLAW TO LEVY PROPERTY VALUE TAXES TO MEET MUNICIPAL OBLIGATIONS FOR THE YEAR 2023.

WHEREAS, pursuant to Section 197 of the Community Charter, the Council must adopt a tax rate bylaw after the adoption of a financial plan, but before the fifteenth day of May;

NOW THEREFORE, the Council of the City of Langford, in open meeting assembled, enacts as follows:

1.

The following rates are hereby imposed and levied for the year 2023:

a) For all lawful general purposes of the Municipality on the assessed value of land and improvements taxable, for general municipal purposes, rates appearing in Column "A" of Schedule ‘A’ attached hereto and forming part hereof.

b) For all lawful purposes of the Regional District on the assessed value of lands and improvements taxable for general municipal purposes, rates appearing in Column "B" of Schedule ‘A’ attached hereto and forming a part hereof.

c) For all lawful purposes of the Regional Hospital District on the assessed value of land and improvements taxable for hospital purposes, rates appearing in Column "C" of Schedule ‘A’ attached hereto and forming a part hereof.

2.

The minimum amount of taxation upon a parcel of real property shall be One Dollar ($1.00).

3.

This bylaw may be cited for all purposes as "City of Langford Tax Rates Bylaw No. 2131, 2023."

READ A FIRST time on this day of , 2023.

READ A SECOND time on this day of , 2023.

READ A THIRD time on this day of , 2023.

ADOPTED this day of , 2023.

MAYOR

(Certified Correct)

CORPORATE OFFICER

Page 12–15

Schedule ‘A’ to Bylaw 2131

2023 Tax Rates (Dollars of Tax Per $1000 Taxable Value)

Description Class Municipal “A” Regional District “B” Regional Hospital District “C”
Residential 1 2.05343 0.44629 0.12621
Utilities 2 14.37400 3.12402 0.44174
Major Industry 4 6.59151 1.43258 0..42911
Light Industry 5 6.62333 1.43950 0.42911
Business/Other 6 5.80669 1.26201 0.30922
Managed Forest 7 2.35077 0.51091 0.37863
Recreational/Non Profit 8 2.39532 0.52059 0.12621
Farm 9 2.05343 0.44629 0.12621
Page 12–15
Extracted from: Agenda(15 pages total)