That, on the recommendation of the Deputy City Manager, Finance Supports, the following actions be taken with respect to property taxation for 2023:
a) the by-law, as appended to the staff report dated October 31, 2022 as Appendix A, to amend by-law A-5505-497 “a by-law to authorize the implementation of a pre-authorized payment plan”, BE INTRODUCED at the Council meeting on November 8, 2022, to change the multiplier to determine the pre-authorized property tax payment from 1.030 to 1.0245, effective January 1, 2023; and
b) the by-law, as appended to the staff report dated October 31, 2022 as Appendix B, to amend by-law A-8 “a by-law to provide for the collection of property taxes”, BE INTRODUCED at the Council meeting on November 8, 2022, to change the calculation percent for the Interim Levy from 41.2% to 40.98%, effective January 1, 2023.