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The Caribbean could be RECYCLE THIS â€" â€"NEWSPAPER yours for $5 â€" $10 Buy your chance to win! 466 MORDEN RD., OAKVILLE $44â€"4844 St. John Ambulance \Q x Bulk FW 407 SPEERS RD. _ Powerful and effective relief without synthetic drugs. BUY IN BULK, SAVE MONEY AND THE ENVIRONMENT Sale ends Monday, August 15, 1994 (between Fantasy ; Fruit Lansing Buildall) curriculum, a warm and supportive atmosphere and traditional values are key to the learning environment. e Small class sizes + French instruction at all levels + Immersion French courses in Geography, offered to qualified students in Grades 5â€"8 + Band instruction in Graces 78 e 1/2 day full day Preâ€"School and Junior Kindergarten programmes e Before and afterâ€"school programme | ndividual attention, a strong academic Limited placement available ©05â€"257â€"0022 FERN HILL is a coâ€"educational school for students in Preâ€"school through Grade 8 who will respond to a challenging programme. Situated on a 10â€"acre site, our facility includes a computer lab, fullâ€"size gymnasium, and Science, Art, and Music Rooms. 3300 Ninth Line, Oakville, Ont. L6J 422 Fem. Cycle + For relief of discomforts associated with menstruation Reg. 7.99 Sleep Aid sleeplessness due to overwork, tiredness 60 or fatigue. Reg. 7.99 cap Chewable Calcium Magnesium ; SPECIAL + Maintain strong and healthy bones as $1 99 50 + As an aid to nervousness and $ 5 well as assisting in the prevention of leg cramps. Reg. 13.17 cap By HOWARD MOZEL Oakville Beaver Staff Supplementary tax grab by province could cost Oakville property taxpayers an extra $300,000 ast year it was the Social Contract. This year it‘s a _â€"«4; provincial charge on supâ€" plementary tax assessments playing havoc with the Town‘s 1994 Budget. Monday night, town council authorized the budgetary shortâ€" fall being anticipated as a result SPECIAL _ C of the provincial move to bill municipalities for each new home and business added during the year to their tax rolls. It works this way: Once each year municipalities are responsiâ€" ble for providing the Ministry of Finance with the updated inforâ€" mation necessary to compile its assessment rolls. Starting July 1st, Ontario municipalities must shell out an additional $18 million to add supplementary assessments to their tax rolls. and Dr. K. Bell Dr. K. Wardle Little Caesar‘s Pizza, Petro Canada (Mississauga), Royal Canadian Golf Association, Holiday Inn, Dr. Invidiata, Cimmaster Sports Inc., Town of Oakville (Business Development), Kelseys Restaurant, Red Lobster Canada, Oakville Golf Club, Cafe Galleria, Cafe Paradiso, Just An Olde Fashion Butchery, Chaps, Garvey‘s Men‘s Shops, Kelly This will be accomplished by charging municipalities $120 for Tournament sponsors still needed (Family Dentistry). PRIZE DONORS OPENING DAY SATURDAY, AUGUST 13"", 1994 « NOON to 5PM (Continued from page 1) THE OAKVILLE BEAVER full himan potential and the enrichment of the body, mind and spirit" "...the exploration of the each new business which is established and every home occupied during the year. Halton and Peel Regions‘ share is at least $3.8 million. If a municiâ€" pality refuses to pay, the province can deduct that amount â€" plus interest â€" from grants. The $120 fee must be paid entirely by the Town and there is no mechanism by which it can recoup some of the money by charging it back to the Region and Halton‘s school boards. After all, while the Town is responsible for collecting propâ€" erty taxes, it only gets to keep Services, Fantasy Fruit Market, The Oakville Beaver, Oakville Place, Toronto Auto Auction, Canadian Tire Stores in Oakville, Ford Motor Company of Canada, Pro Golf, Tim Horton Donuts, Art Lee Men‘s Wear, Oakville Chamber of Commerce, Oakâ€"Land Lincoln Mercury, (1995 Ford Windstar for a hole in one on the 7th hole). Supelco Canada Ltd., Kennedy Ford, Bank of Montreal, Corbetts Wholesale Ltd., Rubbermaid Canada Inc., Le Blanc Royle Telcom Inc., Levitt Safety _ Limited, Shrader Workshops Seminar Stress Reduction + Health + Nutrition Lifestyle Enrichment Topics Bodyworks Therapeutic Massage + Zentherapy® Reflexology +« Aromatherapy Tai Chi + Personal Self Defence approximately 27 cents of every dollar. Erica Mathews, Manager of Revenue and Tax Collector, however, believes it‘s unlikely Queens Park will reverse its decision or allow the Region or school boards to split the fee. Companies, Multiâ€"Line Sales, Rhoneâ€"Poulene Canada Ltd., CHWO 1250 Radio, Budds Imported Cars, Swiss Bank Canada, Bruce Hood Travel, Tim Horton â€" Donuts, _ Richards Packaging, Bank of Nova Scotia, Remark Telcom, Ian Kernot, Hongkong Bank, Apple Auto Glass, Vicki Designs, Gerrie Electric, Jack Mundy, Molly Maid, 20/20 Group, Cognito‘s, The Added Touch, Hopedale Merchants Assoc., Mary‘s Keepsakes, Walmart, Culotta The timing is particularly bad since municipalities have all set their budgets for the year and sent out their 1994 tax bills. Historically, explained Mathews, 75% of supplementary billing takes place after July 1, meaning the Town‘s bill for 1994 supplementary assessments Wines. Continuous Demos on oga, Tai Chi, Selfâ€"Defense, sage Theraples Reflexolozv Of the approximately $2.1 million generated locally by supplementary assessments in 1993, the Town‘s share was about $581,000 with the rest going to the Region and school boards. could range as high as $25() 000 to $300,000. Deduct from this figure the $300,000 in new charges and the actual revenue drops to $281,000. The Town, however, must still provide servicing for new homes and businesses, resulting in costs which may exceed the amount of money taken in. In the past the Town did not budget for revenues from supâ€" plementary assessments, making it a "significant contributor" to the year end surplus. Now, for 1994 only, suppleâ€" mentary assessment monies will be used to offset the expected shortfall. In the future, however, the cost of supplementary assessments will be considered an expense and included in mill rate calculations. While billing from the province is expected in January or February of next year â€" with municipalities having 45 days to pay â€" the costs must be absorbed by the 1994 Budget. August 10, 1994