Item - 2016.EX16.23
Tracking Status
- City Council adopted this item on July 12, 2016 without amendments and without debate.
- This item was considered by Executive Committee on June 28, 2016 and was adopted with amendments. It will be considered by City Council on July 12, 2016.
- See also By-law 689-2016
EX16.23 - 2016 Levy on Railway Roadways and Rights of Way and on Power Utility Transmission and Distribution Corridors
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on July 12, 13, 14 and 15, 2016, adopted the following:
1. City Council authorize the levy and collection of taxes for the 2016 taxation year on railway roadways and rights of way and on land used as transmission or distribution corridors owned by power utilities, in accordance with subsection 280 (1) of the City of Toronto Act, 2006 and subsection 257.7 (1) the Education Act.
2. City Council request the Province of Ontario to enact regulations to prescribe a levy on Railway Roadway and Rights of Way and on Power Utility Transmission and Distribution Corridors for the 2016 taxation year, reflecting inflationary increases since 2005 when the current mature rates were reached.
3. City Council request the Province of Ontario to adjust the acreage rate that applies to the Railway Roadway and Rights of Way and on Power Utility Transmission and Distribution Corridors annually in each future year to reflect an average annual inflationary increase.
4. Should the Province enact a new acreage rate that applies to the Railway Roadway and Rights of Way and on Power Utility Transmission and Distribution Corridors applicable for 2016, City Council authorize staff to bring an amending by-law to Council to enact the new rates.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2016/ex/bgrd/backgroundfile-94289.pdf
EX16.23 - 2016 Levy on Railway Roadways and Rights of Way and on Power Utility Transmission and Distribution Corridors
- Decision Type:
- ACTION
- Status:
- Amended
- Wards:
- All
Committee Recommendations
The Executive Committee recommends that:
1. City Council authorize the levy and collection of taxes for the 2016 taxation year on railway roadways and rights of way and on land used as transmission or distribution corridors owned by power utilities, in accordance with subsection 280 (1) of the City of Toronto Act, 2006 and subsection 257.7 (1) the Education Act.
2. City Council request the Province of Ontario to enact regulations to prescribe a levy on Railway Roadway and Rights of Way and on Power Utility Transmission and Distribution Corridors for the 2016 taxation year, reflecting inflationary increases since 2005 when the current mature rates were reached.
3. City Council request the Province of Ontario to adjust the acreage rate that applies to the Railway Roadway and Rights of Way and on Power Utility Transmission and Distribution Corridors annually in each future year to reflect an average annual inflationary increase.
4. City Council, should the Province enact a new acreage rate that applies to the Railway Roadway and Rights of Way and on Power Utility Transmission and Distribution Corridors applicable for 2016, authorize staff to bring an amending bylaw to Council to enact the new rates.
Origin
Summary
This report seeks Council authority for the introduction of the by-law necessary to levy and collect taxes for the 2016 taxation year on railway roadways and rights of way and on land used as transmission or distribution corridors owned by power utilities, totalling approximately $7.1 million in taxation revenue, of which the municipal share is $6.5 million and the provincial education share is $0.6 million.
Background Information
https://www.toronto.ca/legdocs/mmis/2016/ex/bgrd/backgroundfile-94289.pdf
Motions
That:
1. City Council request the Province of Ontario to enact regulations to prescribe a levy on Railway Roadway and Rights of Way and on Power Utility Transmission and Distribution Corridors for the 2016 taxation year, reflecting inflationary increases since 2005 when the current mature rates were reached.
2. City Council request the Province of Ontario to adjust the acreage rate that applies to the Railway Roadway and Rights of Way and on Power Utility Transmission and Distribution Corridors annually in each future year to reflect an average annual inflationary increase.
3. City Council, should the Province enact a new rate acreage rate that applies to the Railway Roadway and Rights of Way and on Power Utility Transmission and Distribution Corridors applicable for 2016, authorize staff to bring an amending bylaw to Council to enact the new rates.