With in-depth work on the 2016 budget about to get underway, town council will vote tonight on a bylaw to institute an interim tax levy.
As in previous years, the interim levy is equal to about half of the total amount of taxes property owners paid in 2015.
Interim tax levies are a means to secure revenue to keep operating while council determines the final tax rates for 2016.
Implementing interim tax levies is a common practice each January, and is permissible under the Municipal Act.
If the bylaw is passed tonight (as expected), interim tax bills will be mailed out shortly.
Fifty percent of the levy will be due and payable by Feb. 29, with the balance due by March 31.
Council also will vote tonight on a bylaw to authorize temporary borrowing in the amount of $4 million to meet 2016 expenditures (this is
normal procedure until revenues are collected).
The committee of the whole will meet first starting at 5:30 p.m., but will be in-camera for an indefinite amount of time to discuss three items before being opened to the public.
The regular meeting of council will follow.
Other business on the agenda includes:
- a report to approve amended wording to Town of Fort Frances Zoning Bylaw 03/14;
- the November, 2015 drinking water systems monthly summary report;
- a membership request from the Northwestern Ontario Sports Hall of Fame;
- a report re: expression of interest in a laneway on Third Street West;
- a request to buy tickets for the Alzheimer Society’s annual charitable dinner;
- a donation request from the Border Skating Club;
- a request re: the Multi-Use/Tennis Court Committee RFP development;
- a request from the “Families for Families” committee;
- a report re: Canada Day “rainy day” plan;
- a report re: Strategic Plan Initiative #6 (town revitalization);
- the preliminary 2016 general, water and sewer operating and capital budgets;
- public hearings for applications for tax adjustments at 815 Scott St. and 228 Sixth St. E.;
- a bylaw designating and deeming a certain plan of subdivision, or part thereof, not to be a registered plan of subdivision (Lots 16 and 27—Industrial Park);
- a bylaw designating and deeming a certain plan of subdivision, or part thereof, not to be a registered plan of subdivision (Lots 15 and 28—Industrial Park); and
- a bylaw to approve an agreement with the Ontario Trillium Foundation for financing for the multi-use outdoor tennis courts.