Levy on area municipalities
244. (1) The Metropolitan Council shall in each year levy against the area municipalities a sum sufficient, (a) for payment of the estimated current annual expenditures as adopted; (b) for payment of all debts of the Metropolitan Corporation falling due within the year as well as amounts required to be raised for sinking funds and principal and interest payments or sinking fund requirements in respect of debenture debt of area municipalities for the payment of which the Metropolitan Corporation is liable under this Act. Apportionment (2) The Metropolitan Council shall ascertain and by by-law direct what portion of the sum mentioned in subsection (1) shall be levied against and in each area municipality. R.S.O. 1990, c. M.62, s. 244 (1, 2). School purposes (3) The amount levied under subsection (1) for school purposes shall be apportioned among the area municipalities in the amounts determined by the School Board under section 139. 1994, c. 27, s. 111 (19). (4) Repealed: 1994, c. 27, s. 111 (19). Other purposes (5) All other amounts levied under subsection (1) shall be apportioned among the area municipalities in the proportion that the total rateable property in each area municipality bears to the total rateable property in the Metropolitan Area. Apportionment where all rolls not revised (6) Despite subsections (3), (4) and (5), the Metropolitan Council may pass its by-law under subsection (2) before the assessment rolls of all the area municipalities are revised by the Assessment Review Board, and in that case the levies shall be apportioned among the area municipalities according to the last revised assessment rolls of those area municipalities whose assessment rolls have been so revised and the assessment rolls as returned of those area municipalities whose assessment rolls have not been so revised. Adjustment (7) Where the by-law under subsection (2) is passed as provided in subsection (6), the Metropolitan Council shall, forthwith after the assessment rolls of all the area municipalities have been revised by the Assessment Review Board, amend the by-law so as to make the apportionments among the area municipalities according to the assessment rolls as so revised, and, (a) where the money levied against an area municipality is thereby increased, the treasurer of the area municipality shall pay the amount of the increase to the treasurer of the Metropolitan Corporation; and (b) where the money levied against an area municipality is thereby decreased, the treasurer of the area municipality shall be liable to pay to the treasurer of the Metropolitan Corporation only the reduced levy or, if the original levy has been paid by the area municipality, the treasurer of the Metropolitan Corporation shall pay the amount of the decrease to the treasurer of the area municipality. Fixed assessments, etc., not to apply (8) The apportionment of the levy among the area municipalities as provided for in subsections (2) to (5) shall be based on the full value of all rateable property, and no fixed assessment other than a fixed assessment under section 23 of the Assessment Act or partial or total exemption from assessment or taxation applies thereto, except as provided in section 3 of the Assessment Act. Valuations of properties in respect of which grants in lieu of taxes received (9) The clerk of an area municipality shall transmit to the clerk of the Metropolitan Corporation, within sixty days of the receipt of a grant paid in lieu of taxes, a statement of the valuations of real property in the area municipality upon which such grant was made. Levy by-laws (10) One by-law or several by-laws for making the levies may be passed as the Metropolitan Council considers expedient. R.S.O. 1990, c. M.62, s. 244 (5-10). Certificate of levy (11) The clerk of the Metropolitan Corporation shall forthwith after the metropolitan levies have been apportioned certify to the clerk of each area municipality the amount that has been so directed to be levied therein for the then current year for metropolitan purposes showing separately the amounts required for school purposes and general purposes. R.S.O. 1990, c. M.62, s. 244 (11); 1994, c. 27, s. 111 (20). Local levies for metropolitan purposes (12) Subject to subsections 37 (4), (5) and (6) of the Assessment Act, in each area municipality the metropolitan levy, (a) for school purposes, other than separate school purposes, shall be calculated and levied upon all property rateable for school purposes, other than separate school purposes, within such area municipality according to the last revised assessment roll; and (b) for all other purposes, shall be calculated and levied upon all property rateable for such purposes within such area municipality according to the last revised assessment roll. 1994, c. 27, s. 111 (21). Payment (13) All money levied against an area municipality under the authority of this section shall be deemed to be taxes and are a debt of the area municipality to the Metropolitan Corporation and the treasurer of every area municipality shall pay the money so levied to the treasurer of the Metropolitan Corporation at the times and in the amounts specified by the by-law of the Metropolitan Council mentioned in subsection (2). Default (14) If an area municipality fails to make any payment as provided in the by-law, interest shall be added at the rate of 15 per cent per year or such lower rate as the Metropolitan Council determines, from the date payment is due until it is made. R.S.O. 1990, c. M.62, s. 244 (13, 14).