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HomeMy WebLinkAboutStay Informed STAY INFORMED The Rural Municipalities of Alberta (RMA) has recommended that member municipalities inform their ratepayers about the potential impacts of the Alberta Government proposal to freeze Non- Residential Mill Rates as suggested by the Canadian Association of Petroleum Producers (CAPP). More details can be found on the County Website at http://www.countyofnewell.ab.ca/p/news. Please direct all feedback to our local MLA. Ms. Michaela Glasgo, MLA – Brooks-Medicine Hat Constituency Office #4, 650 Cassils Road East Brooks, AB T1R 1M6 Phone: 587-270-5110 E-mail: Brooks.MedicineHat@assembly.ab.ca For those interested in the management of the County of Newell, the 2009-18 Assessments, Net Taxes & Total Expenditures as well as 2018 financial position as compared to the averages for Rural Municipalities of Alberta are included below. All data files for the Province are located at https://open.alberta.ca/opendata/municipal-financial-and-statistical-data Category 2009-18 2009-18 2018 2018 From Municipal Average Average Average Affairs Reporting Rural County of Rural County of Data Municipalities Newell Municipalities Newell Equalized Assessment 3,707,084,211 4,120,147,295 4,281,177,631 4,216,993,143 Net Property Taxes 31,360,055 28,436,139 36,664,686 33,087,488 Total Expenditures 38,287,390 29,264,971 45,110,998 31,645,254 Depreciation 49.70% 27.57% Accumulated Surplus 292,340,823 278,378,411 Tangible Capital Assets 244,508,455 199,229,568 Net Financial Assets 42,778,404 76,877,685