HomeMy WebLinkAbout2123-26 Tax Rates - 2026COUNTY OF NEWELL
IN THE PROVINCE OF ALBERTA
BYLAW NO. 2123-26
2026 Tax Rates
A BYLAW OF THE COUNTY OF NEWELL, IN THE PROVINCE OF ALBERTA, TO
AUTHORIZE THE VARIOUS RATES OF TAXATION FOR VARIOUS PURPOSES IN
THE YEAR 2026.
WHEREAS the estimated municipal expenditures and transfers for the County of Newell
for the fiscal year 2026 are $91,726,804; and
WHEREAS the estimated 2026 Alberta School Foundation Fund requisition is
$14,857,612 and the 2025 under levy is $13,700; and
WHEREAS the 2026 Newell Foundation requisition is $963,068; and
WHEREAS the 2026 Designated Industrial Property Tax requisition is $231,744; and
WHEREAS the estimated municipal revenue and transfers from all sources other than
taxation is estimated at $41,036,441 and $50,690,363 is to be raised by taxation,
apportioned as follows:
Expenditure or
Actual
Tax
Estimated Tax
Requisition for
Assessed
Rate
Revenue
Current Year
Valuations
(Expressed
as mills)
Municipal
Residential
3,786,616
1,126,968,900
3.3600
3,786,616
Farmland
1,326,958
149,850,710,
8.8552
1,326,958
Non -Residential
29,102,615
3,546,504,360
82060
29,102,615
Small Business
377,322
61,308,280
6.1545
377,322
Alberta School Foundation Fund (ASFF):
Residential/Farmland
Non -Residential
Christ the Redeemer Catholic Separate
Regional Division No. 3:
Residential/Farmland
Non -Residential
Newell Housing Foundation
Designated Industrial Property Tax Requisition
Minimum Tax
3,086,213 1,191,531,294 2.6021
11,494,910 2,813,128.300 4.0892
220,937 82,847,196 2.6021
55,551 13,136,770 4.0892
963,068 4,881,386.500 0.19729
231,744 3,180,792,510 0.07280
3,100,484
11,503,444
215,577
53,719
963,049
231,562
29,019
WHEREAS Section 357 (1) of the Municipal Government Act provides that the property
tax bylaw "may specify a minimum amount payable as property tax' and the County of
Newell has resolved to establish a minimum tax; Council of the County of Newell hereby
enacts, pursuant to Sections 353 and 354 of the Municipal Government Act the
following:
Where the application of the tax rates established by the bylaw to the assessment of
any taxable property would result in a total municipal levy payable of less than $30, the
tax shall be assessed at $30 and deemed to be the municipal tax payable.
NOW THEREFORE, under the authority of the Municipal Government Act, Chapter M-
26, the Council of the County of Newell enacts as follows:
2.
April 8, 2026
April 23, 2026
April 23, 2026
That the Chief Administrative Officer is hereby authorized to levy taxes at
the above tax rates on the assessed value of all property as set out in the
Assessment Roll of the said County of Newell for the year 2026.
That this Bylaw shall come into force upon the passing thereof and hereby
rescinds Bylaw 2099-25.
MOVED BY COUNCILLOR ADENA SKANDERUP that Bylaw 2123-26
receive first reading. MOTION CARRIED
MOVED BY COUNCILLOR LYNETTE KOPP that Bylaw 2123-26 receive
second reading.
MOTION CARRIED
MOVED BY COUNCILLOR GREG SKRIVER that Bylaw 2123-26 receive
third and final reading.
MOTION CARRIED
4�=4e�L
eve
Chief Administrative Officer