1999 Calendar Year Property Taxes

Ministry of Education
Transfer Payments and
Financial Reporting Branch
Ministère de l’Éducation
Direction des paiements de transfert
et des rapports financiers
21 st Floor, Mowat Block
900 Bay Street
Toronto, Ontario M7A 1L2
21 e étage, édifice Mowat
900, rue Bay
Toronto, Ontario M7A 1L2
Ontario
2001: SB 3
MEMORANDUM TO:
Superintendents of Business
District school Boards
FROM:
Wayne Burtnyk
Director
Transfer Payments and Financial Reporting
DATE:
March 15, 2001
SUBJECT:
1999 Calendar Year Property Taxes
The purpose of this memorandum is to advise you of an adjustment being made to the legislative grant for school
boards based upon the reporting of Tax Revenue for the calendar year 1999.
In their 1998-99 financial statements, school boards were required to provide a schedule estimating their 1999
calendar year property taxes from municipalities, exclusive of supplementary taxes and tax write-offs. Sixty-two
percent of this estimate was required to be reported as tax revenue in the financial statements.
In the 1999-00 financial statements, school boards were required to provide a schedule of the actual 1999
calendar year property taxes received from municipalities. Therefore, the ministry will use 62% of the difference
between estimated and actual 1999 tax revenue to determine the adjustment to the 1998-1999 legislative grant for
a school board.
Attached is a listing of school boards that will have a grant adjustment to their electronic funds transfer for
March 2001. The magnitude of the adjustments can be explained in part due to Bill 14, which had the effect of
reducing business property taxes by two percent.
For the past two years, the ministry has been providing information sessions to external auditors regarding the
preparation of financial statements for school boards, including the reporting of property tax revenue.
Should you have any questions, please do not hesitate to contact the ministry Finance Officer assigned to your
board.
Wayne Burtnyk
cc: Ministry Finance Officers
/encl.
Adjustment to 98-99 legislative grant included in March 2001 remittence to
school boards in respect of property taxes for the calendar year 1999
BOARD
NAME
ALGOMA DSB
ALGONQUIN-LAKESHORE CATHOLIC DSB
AVON MAITLAND DSB
BLUEWATER DSB
BRANT/HALDIMAND NORFOLK CDSB
BRUCE-GREY CATHOLIC DSB
CATH DSB OF EASTERN ONT
CSD CATH DES AURORES BOREALES
CSD CATH DES GRANDES RIVIERES
CSD CATH DU NOUVEL-ONT
CSD CATHOLIQUE CTRE-SUD
CSD CATHOLIQUE D L'EST ONTARIEN
CSD CATHOLIQUE DU CTRE-EST DE L'ONT
CSD NO. 59
DSB OF NIAGARA
DSB ONT NORTH EAST
DUFFERIN-PEEL CATHOLIC DSB
DURHAM CATHOLIC DSB
GRAND ERIE DSB
GREATER ESSEX COUNTY DSB
HALTON CATHOLIC DSB
HALTON DSB
HAMILTON-WENTWORTH CATHOLIC
HAMILTON-WENTWORTH DSB
HASTINGS & PRINCE EDWARD DSB
HURON-PERTH CATHOLIC DSB
HURON-SUPERIOR RCSS
KAWARTHA PINE RIDGE DSB
KEEWATIN-PATRICIA DSB
KENORA CATHOLIC DSB
LAKEHEAD DSB
LAMBTON KENT DSB
LIMESTONE DSB
DISTRICT SCHOOL BOARD # 38
NEAR NORTH DSB
Adjustment to 98-99
Legislative
Grant
997,650
(102,646)
360,472
114,777
(474,070)
(172,030)
65,183
8,752
(205,436)
185,868
(2,804)
(2,941)
12,726
(306,830)
683,083
(356,635)
(2,805,587)
196,071
463,128
(269,966)
(68,617)
341
783,782
94,977
217,419
(96,250)
(832,517)
(470,710)
16,829
227,016
626,679
314,885
77,280
(36,726)
Adjustment to 98-99 legislative grant included in March 2001 remittence to school boards in
respect of property taxes for the calendar year 1999
BOARD NAME
Adjustment to 98-99
Legislative
Grant
NIAGARA CATHOLIC DSB
NIPISSING-PARRY SOUND RCSS
NORTHEASTERN CATHOLIC DSB
OTTAWA-CARLETON CATHOLIC DSB
OTTAWA-CARLETON DSB
PEEL DISTRICT SCHOOL BD
P-V-N-C CATHOLIC DSB
RAINBOW DSB
RAINY RIVER DSB
RENFREW COUNTY DSB
282,880
36,689
5,279
778,038
727,944
(3,127,650)
1,708
(245,587)
(16,115)
(22,754)
SIMCOE COUNTY DSB
SIMCOE MUSKOKA CATHOLIC DSB
SUDBURY CATHOLIC DSB
SUPERIOR NORTH CATH DSB
SUPERIOR-GREENSTONE DSB
THAMES VALLEY DSB
THUNDER BAY CATH. DSB
TORONTO CATHOLIC DSB
TORONTO DSB
TRILLIUM LAKELANDS DSB
UPPER CANADA DSB
UPPER GRAND DSB
WATERLOO CATHOLIC DSB
WATERLOO REGION DSB
WELLINGTON CATHOLIC DSB
WINDSOR ESSEX CATHOLIC DSB
YORK CATHOLIC DSB
2,341,317
273,985
38,603
132,728
(7,202)
(1,179,995)
251,981
870,413
2,370,309
(240,079)
257,533
2,159,795
366,259
1,272,011
1,988,615
776,954
690,204