TAX RATIOS

Interpretation 1. In this Regulation, a reference to a property class is a reference to that class as prescribed under section 7 of the Assessment Act. O. Reg. 268/17, s. 1. Tax ratios before 2023 2. (0.1) This section applies with respect to the determination of the tax ratio for a property class in a local roads area for the purposes of section 21 of the Act for taxation years before 2023. O. Reg. 578/22, s. 1. (1) The following tax ratios are prescribed for the purposes of paragraph 2 of subsection 21 (6) of the Act: 1. The tax ratio for a board for a property class set out in Table 1 is the ratio in the column for the property class set out opposite the name of its local roads area. 2. The tax ratio for the farm property class is 0.25. 3. The tax ratio for the managed forests property class is 0.25. O. Reg. 268/17, s. 1. Tax ratios for 2023 3. (1) This section applies with respect to the determination of the tax ratio for a property class in a local roads area for the purposes of section 21 of the Act for the 2023 taxation year. O. Reg. 578/22, s. 2. (2) In this section, “revenue neutral ratio” means the ratio determined under section 5. O. Reg. 578/22, s. 2. (3) The tax ratio for the farm property class is 0.25. O. Reg. 578/22, s. 2. (4) The tax ratio for the managed forests property class is 0.25. O. Reg. 578/22, s. 2. (5) In the case of a local roads area that is not set out in Table 1, the tax ratio for a property class other than the farm property class and the managed forests property class is 1. O. Reg. 578/22, s. 2. (6) In the case of a local roads area set out in Table 1, if no tax ratio applied for the property class because the Table indicates that the ratio is not applicable, the tax ratio is 1. O. Reg. 578/22, s. 2. (7) In the case of a local roads area set out in Table 1, for a property class other than the farm property class and the managed forests property class, the following rules apply: 1. If the ratio set out in Table 1 is 1, the tax ratio is 1. 2. If the ratio set out in Table 1 is less than 1 and the tax ratio for the 2022 taxation year for the property class is greater than the revenue neutral ratio for the property class for the 2023 taxation year, the tax ratio for the property class for the 2023 taxation year is equal to the tax ratio for the property class for the 2022 taxation year. 3. If the ratio set out in Table 1 is less than 1 and the tax ratio for the 2022 taxation year for the property class is less than or equal to the revenue neutral ratio for the property class for the 2023 taxation year, the tax ratio for the property class for the 2023 taxation year is equal to the revenue neutral ratio for the property class for the 2023 taxation year. 4. If the ratio set out in Table 1 is greater than 1 and the tax ratio for the 2022 taxation year for the property class is greater than or equal to the revenue neutral ratio for the property class for the 2023 taxation year, the tax ratio for the property class for the 2023 taxation year is equal to the revenue neutral ratio for the property class for the 2023 taxation year. 5. If the ratio set out in Table 1 is greater than 1 and the tax ratio for the 2022 taxation year for the property class is less than the revenue neutral ratio for the property class for the 2023 taxation year, the tax ratio for the property class for the 2023 taxation year is equal to the tax ratio for the property class for the 2022 taxation year. O. Reg. 578/22, s. 2. (8) Despite subsection (7), the tax ratio for the 2023 taxation year for the Northern Light Lake Local Roads Area for the commercial property class is 1. O. Reg. 578/22, s. 2. Tax ratios for taxation years after 2023 4. (1) This section applies with respect to the determination of the tax ratio for a property class in a local roads area for the purposes of section 21 of the Act for a taxation year after 2023. O. Reg. 578/22, s. 2. (2) In this section, “revenue neutral ratio” means the ratio determined under section 5. O. Reg. 578/22, s. 2. (3) The tax ratio for the farm property class is 0.25. O. Reg. 578/22, s. 2. (4) The tax ratio for the managed forests property class is 0.25. O. Reg. 578/22, s. 2. (5) In the case of a property class, other than the farm property class and the managed forests property class, for which no ratio applied in the previous year, the tax ratio is 1. O. Reg. 578/22, s. 2. (6) In the case of a property class other than the farm property class and the managed forests property class, the following rules apply: 1. For a property class for which the tax ratio for the previous taxation year is 1, the tax ratio is 1. 2. If the tax ratio for the property class for the previous taxation year is less than 1 and greater than the revenue neutral ratio for the property class for the taxation year, the tax ratio for the property class for the taxation year is equal to the tax ratio for the property class for the previous taxation year. 3. If the tax ratio for the property class for the previous taxation year is less than 1 and less than or equal to the revenue neutral ratio for the property class for the taxation year, the tax ratio for the property class for the taxation year is equal to the revenue neutral ratio for the property class for the taxation year. 4. If the tax ratio for the property class for the previous taxation year is greater than 1 and greater than or equal to the revenue neutral ratio for the property class for the taxation year, the tax ratio for the property class for the taxation year is equal to the revenue neutral ratio for the property class for the taxation year. 5. If the tax ratio for the property class for the previous taxation year is greater than 1 and less than the revenue neutral ratio for the property class for the taxation year, the tax ratio for the property class for the taxation year is equal to the tax ratio for the property class for the previous taxation year. O. Reg. 578/22, s. 2. Revenue neutral ratio 5. (1) In this section, “specified classes” means the farm property class, the managed forests property class, the residential property class and the multi-residential property class. O. Reg. 578/22, s. 2. (2) For the purposes of determining the revenue neutral ratio for a property class in a local roads area under this section, the total assessment for the properties in a property class for the previous year includes all assessments made for the purposes of taxation for the previous year that are made after the return of the roll for the board for the previous year. O. Reg. 578/22, s. 2. (3) The revenue neutral ratio for a property class in a local roads area, other than a property class in the specified classes, for a taxation year is determined as follows: 1. Multiply the tax ratio for the property class for the previous year by the amount of the total assessment of the properties in that property class for the year. 2. Multiply the tax ratio for the property class for the previous year by the amount of the total assessment of the properties in that property class for the previous year. 3. Determine the weighted reassessment change for the specified classes by dividing “A” by “B” where, “A” is the sum of all amounts each of which is an amount determined under paragraph 1 for a property class included in the specified classes, and “B” is the sum of all amounts each of which is an amount determined under paragraph 2 for a property class included in the specified classes. 4. Determine the weighted reassessment change for each property class in the local roads area, other than a class in the specified classes, by dividing “C” by “D” where, “C” is the amount determined under paragraph 1 for the property class, and “D” is the amount determined under paragraph 2 for the property class. 5. Determine the adjustment factor for each property class in the local roads area, other than the specified classes, by dividing “E” by “F” where, “E” is the weighted reassessment change determined for the class under paragraph 4, and “F” is the weighted reassessment change determined for the specified classes under paragraph 3. 6. Determine the revenue neutral ratio for a property class in the local roads area for the taxation year by dividing “G” by “H” where, “G” is the tax ratio for the previous year for the property class, and “H” is the adjustment factor for the property class determined under paragraph 5. O. Reg. 578/22, s. 2. TABLE 1 TAX RATIOS FOR TAXATION YEARS BEFORE 2023 Item Local Roads Area Ratio - Commercial Property Class Ratio - Industrial Property Class Ratio - Landfill Property Class Ratio - Multi Residential Property Class Ratio - Pipe Line Property Class 1. Aberdeen and McMahon Local Roads Area 1.817977 not applicable not applicable not applicable not applicable 2. Anima-Nipissing Local Roads Area 1.000000 not applicable not applicable not applicable not applicable 3. Armstrong Local Roads Area 0.781524 not applicable not applicable not applicable not applicable 4. Aubrey East Local Roads Area 0.850000 not applicable not applicable not applicable not applicable 5. Awere Local Roads Area 1.000000 1.000000 not applicable not applicable not applicable 6. Ballantyne and Laurier Local Roads Area 0.747749 7.756428 not applicable not applicable not applicable 7. Bear Passage Local Roads Area 0.684458 not applicable not applicable not applicable not applicable 8. Beauchamp Local Roads Area not applicable not applicable 1.000000 not applicable not applicable 9. Bidwell Lake Local Roads Area not applicable not applicable not applicable not applicable 8.318737 10. Bigstone Bay Local Roads Area 1.099611 not applicable not applicable not applicable not applicable 11. Biscotasing Local Roads Area 1.000000 1.000000 not applicable not applicable not applicable 12. Blindfold Lake Local Roads Area 1.405197 not applicable not applicable not applicable not applicable 13. Bourkes Local Roads Area 1.000000 not applicable not applicable not applicable 1.104426 14. Britt Local Roads Area 0.802548 2.741926 not applicable not applicable not applicable 15. Britton Local Roads Area 0.918038 not applicable not applicable not applicable not applicable 16. Burwash-Hendrie Local Roads Area 1.068115 2.079923 not applicable not applicable not applicable 17. Cane Local Roads Area 0.615529 not applicable not applicable not applicable not applicable 18. Cartier Local Roads Area 0.994589 1.653071 not applicable not applicable not applicable 19. Casgrain Local Roads Area 0.762611 1.001066 not applicable not applicable not applicable 20. Chiniguchi Local Roads Area not applicable 1.995274 not applicable not applicable not applicable 21. Clearwater Lake Local Roads Area 0.722650 not applicable not applicable not applicable not applicable 22. Coppell-Kendall-Way Local Roads Area 0.987971 1.592507 1.000000 not applicable 1.654184 23. Crescent Point Local Roads Area 1.000000 not applicable not applicable not applicable not applicable 24. Dawson Local Roads Area 1.139716 0.885536 not applicable not applicable not applicable 25. Dawson Road Goldie Local Roads Area 1.208762 1.109004 not applicable not applicable 4.738348 26. Departure Lake Local Roads Area not applicable 0.860150 not applicable not applicable 1.590939 27. Devon Landing Local Roads Area 0.233548 0.340763 not applicable not applicable not applicable 28. Driftwood Local Roads Area 0.613816 not applicable not applicable not applicable 0.953756 29. Dunning Local Roads Area 0.653194 not applicable 1.000000 not applicable not applicable 30. Eby-Grenfell Local Roads Area 0.953645 1.543479 not applicable not applicable 2.695643 31. Ellsmere Local Roads Area not applicable not applicable not applicable not applicable 4.250909 32. Ena Lake Local Roads Area 1.059200 not applicable not applicable not applicable not applicable 33. Esher-Como-Healey Local Roads Area 0.310053 not applicable not applicable not applicable not applicable 34. Eton Local Roads Area 1.434470 0.850000 not applicable not applicable 4.105308 35. Fenwick, Pennefather and Vankoughnet Local Roads Area 0.992076 0.216935 not applicable not applicable not applicable 36. Foleyet Local Roads Area 0.676066 not applicable not applicable not applicable not applicable 37. Forbes Local Roads Area 0.996748 not applicable not applicable not applicable 7.816864 38. Foster-Truman Local Roads Area 0.781997 0.865365 not applicable not applicable not applicable 39. Fournier Local Roads Area 1.753295 0.841394 1.000000 not applicable 2.252285 40. Fourteen Mile Island Local Roads Area 1.350867 not applicable not applicable not applicable not applicable 41. Fowler Local Roads Area 0.850000 not applicable not applicable not applicable not applicable 42. Frederickhouse Local Roads Area 0.831384 0.595015 not applicable not applicable 1.967463 43. Gaudette and Hodgins Local Roads Area 0.516919 4.424761 not applicable not applicable not applicable 44. Gogama Local Roads Area 0.690815 not applicable not applicable not applicable not applicable 45. Gorham Local Roads Area 1.835463 1.269438 not applicable not applicable 7.575495 46. Goulais-Mission Local Roads Area 0.426924 not applicable not applicable not applicable not applicable 47. Hallebourg Local Roads Area 0.652613 3.752273 not applicable not applicable 1.730525 48. Hanlan Local Roads Area 0.927851 not applicable 1.000000 not applicable 2.185773 49. Hardwick Local Roads Area 2.259899 not applicable not applicable not applicable not applicable 50. Harris Lake Local Roads Area 1.123954 not applicable not applicable not applicable not applicable 51. Havilland Local Roads Area 1.000000 not applicable not applicable not applicable not applicable 52. Hawk Junction Local Roads Area 1.701731 1.000000 not applicable not applicable not applicable 53. Henwood Local Roads Area 1.225899 0.290403 not applicable not applicable not applicable 54. Hess Local Roads Area 3.006601 not applicable not applicable not applicable not applicable 55. Horwood Local Roads Area 0.837220 not applicable not applicable not applicable not applicable 56. Hunta Local Roads Area 1.036679 2.156495 1.000000 not applicable 1.431837 57. Indian-Sand Lake Local Roads Area 0.850000 0.979038 not applicable not applicable not applicable 58. Inglis Lake Local Roads Area 0.850000 not applicable not applicable not applicable not applicable 59. Ingolf Local Roads Area 17.475339 not applicable not applicable not applicable not applicable 60. Ingram Local Roads Area 1.000000 not applicable 1.000000 not applicable not applicable 61. Inwood Local Roads Area 1.981796 not applicable not applicable not applicable 6.384536 62. Kingsford Local Roads Area 1.152761 not applicable not applicable not applicable not applicable 63. Kitigan Local Roads Area 0.798127 not applicable not applicable not applicable 0.959203 64. Kukagami Local Roads Area 3.196936 2.432424 not applicable not applicable not applicable 65. Laclu Local Roads Area 1.402333 3.311444 not applicable not applicable 3.675520 66. Lang Lake Association Local Roads Area 6.487592 not applicable not applicable not applicable not applicable 67. Laurier Local Roads Area 1.396470 0.509979 not applicable not applicable 4.220581 68. Lost Channel Local Roads Area 1.185541 not applicable not applicable not applicable not applicable 69. Lount Local Roads Area 0.881653 1.000000 not applicable not applicable not applicable 70. Lybster Local Roads Area 0.872593 not applicable not applicable not applicable not applicable 71. Lyon Local Roads Area 2.614347 not applicable not applicable not applicable 2.980506 72. Mabella Local Roads Area 0.816930 not applicable not applicable not applicable not applicable 73. Marks Local Roads Area 0.807224 not applicable not applicable not applicable not applicable 74. Marquis Local Roads Area 0.940913 0.363773 not applicable not applicable 1.721735 75. Marten Lake Local Roads Area not applicable not applicable not applicable not applicable 3.242195 76. McCallum Point Local Roads Area 0.960331 not applicable not applicable not applicable not applicable 77. McConkey and Wilson Local Roads Area 1.100000 1.000000 not applicable not applicable not applicable 78. McConnell Lake Local Roads Area not applicable not applicable not applicable not applicable 4.975504 79. McIntosh Local Roads Area 1.062019 not applicable not applicable not applicable not applicable 80. McKenzie Portage Local Roads Area 2.068680 3.013096 not applicable not applicable not applicable 81. Melgund Local Roads Area 1.287733 not applicable not applicable not applicable 0.690263 82. Memesagamesing Lake Local Roads Area 0.687034 not applicable not applicable not applicable not applicable 83. Mills and Hardy Local Roads Area 1.264382 4.677481 not applicable not applicable not applicable 84. Minaki Local Roads Area 2.438858 6.982889 1.000000 not applicable not applicable 85. Mine Centre Local Roads Area 1.041617 0.676412 not applicable not applicable not applicable 86. Miscampbell Local Roads Area 0.182623 not applicable not applicable not applicable not applicable 87. Moose Factory Island Local Roads Area 1.000000 not applicable not applicable not applicable not applicable 88. Mutrie Local Roads Area 0.531801 not applicable not applicable not applicable 2.276204 89. Norembega Local Roads Area 0.330545 not applicable not applicable not applicable not applicable 90. Northern Light Lake Local Roads Area 0.751243 not applicable 1.000000 not applicable not applicable 91. Obonga Lake Local Roads Area 0.393939 not applicable not applicable not applicable not applicable 92. Onaping Lake Local Roads Area 0.225733 not applicable not applicable not applicable not applicable 93. Otto Local Roads Area 0.691211 0.542479 not applicable not applicable 3.552158 94. Pacaud Local Roads Area 0.323336 not applicable not applicable not applicable 1.767049 95. Patterson Local Roads Area 1.665650 not applicable not applicable not applicable not applicable 96. Pearson Landing Local Roads Area 1.618871 not applicable not applicable not applicable not applicable 97. Pellatt No. 2 Local Roads Area 2.599066 not applicable not applicable not applicable 3.797342 98. Perch Lake Local Roads Area 0.697087 not applicable not applicable not applicable not applicable 99. Phelps Local Roads Area 1.109168 1.762352 not applicable not applicable 4.003506 100. Polly Lake Local Roads Area not applicable not applicable not applicable not applicable 5.197209 101. Pratt Local Roads Area 0.450104 not applicable not applicable not applicable not applicable 102. Pringle Local Roads Area 0.972253 0.639797 not applicable not applicable not applicable 103. Redditt Local Roads Area 1.093173 1.088913 not applicable not applicable not applicable 104. Red Pine Ridge Local Roads Area not applicable not applicable not applicable not applicable 11.943769 105. Red Rock Local Roads Area not applicable 1.100000 not applicable not applicable not applicable 106. Robillard Local Roads Area not applicable not applicable 1.000000 not applicable not applicable 107. Robinson Local Roads Area 0.889894 0.991218 not applicable not applicable not applicable 108. Rock Lake Local Roads Area 1.827897 not applicable not applicable not applicable not applicable 109. Rossport Local Roads Area 0.781728 not applicable not applicable not applicable not applicable 110. Rowell Local Roads Area 1.863194 not applicable not applicable not applicable not applicable 111. Rugby Local Roads Area 0.318758 not applicable not applicable not applicable not applicable 112. Rush Bay – Woodchuck Bay Local Roads Area 1.270661 not applicable not applicable not applicable 7.037456 113. Savant Lake Local Roads Area 0.868939 not applicable 1.000000 1.000000 not applicable 114. Savard Local Roads Area not applicable not applicable not applicable not applicable 1.470859 115. Secord Local Roads Area not applicable 1.000000 not applicable not applicable not applicable 116. Shebandowan Lake Local Roads Area 3.794366 not applicable not applicable not applicable not applicable 117. Sibley Local Roads Area 1.140116 not applicable not applicable not applicable not applicable 118. South Watten Local Roads Area 1.000000 1.717083 not applicable not applicable not applicable 119. Southworth Local Roads Area 1.543565 not applicable not applicable 1.000000 3.007094 120. Spohn Local Roads Area 0.336149 not applicable not applicable not applicable not applicable 121. Star Lake Local Roads Area 1.324487 not applicable not applicable not applicable not applicable 122. Stirling Local Roads Area 1.000000 1.000000 not applicable not applicable 2.672050 123. Storm Bay Local Roads Area 3.159867 not applicable not applicable not applicable not applicable 124. Strange Local Roads Area 0.753747 not applicable not applicable not applicable not applicable 125. Sultan Local Roads Area 0.536802 not applicable not applicable not applicable not applicable 126. Sunny Slopes Local Roads Area 2.752019 not applicable not applicable not applicable not applicable 127. Thorne Local Roads Area 0.850000 not applicable not applicable not applicable not applicable 128. Tilley Local Roads Area 1.000000 not applicable not applicable not applicable not applicable 129. Tunis Local Roads Area 0.432258 0.496304 not applicable not applicable 1.345842 130. Upsala Local Roads Area 0.050038 0.744052 not applicable not applicable 1.052505 131. Van Horne Local Roads Area 1.014616 1.426718 1.000000 not applicable not applicable 132. Vankoughnet and Aweres Local Roads Area 1.344481 4.166647 not applicable not applicable not applicable 133. Wabigoon and Redvers West Local Roads Area 0.635435 not applicable not applicable not applicable 1.000000 134. Wabigoon Southeast Local Roads Area 1.100000 not applicable not applicable not applicable not applicable 135. Wabos Local Roads Area 0.609720 not applicable not applicable not applicable not applicable 136. Wainwright Local Roads Area 0.679987 3.202842 not applicable 1.000000 2.944597 137. Wallbridge Local Roads Area 0.958019 not applicable not applicable not applicable not applicable 138. War Eagle Local Roads Area not applicable not applicable not applicable not applicable 7.048327 139. Ware Local Roads Area 0.950099 1.142835 not applicable not applicable 7.222930 140. Wharncliffe Local Roads Area 0.267063 1.000000 not applicable not applicable not applicable 141. White Pines Local Roads Area 1.000000 not applicable not applicable not applicable 1.000000 142. Willisville Local Roads Area 1.130782 1.728560 not applicable not applicable not applicable 143. Zealand No. 1 Local Roads Area 1.435939 1.000000 not applicable not applicable 2.384838 144. Zealand No. 3 Local Roads Area 0.233742 1.000000 not applicable not applicable not applicable O. Reg. 268/17, s. 2; O. Reg. 578/22, s. 3.