HomeMy WebLinkAbout2099-25 Tax Rates - 2025COUNTY OF NEWELL
IN THE PROVINCE OF ALBERTA
BYLAW NO. 2099-25
2025 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 2025.
WHEREAS the estimated municipal expenditures and transfers for the County of Newell
for the fiscal year 2025 are $85,752,656; and
WHEREAS the estimated 2025 Alberta School Foundation Fund requisition is
$13,065,715 and the 2025 under levy is $313; and
WHEREAS the 2025 Newell Foundation requisition is $946,010; and
WHEREAS the 2025 Designated Industrial Property Tax requisition is $217,715; and
WHEREAS the estimated municipal revenue and transfers from all sources other than
taxation is estimated at $37,741,092 and $48,011,564 is to be raised by taxation,
apportioned as follows:
Municipal:
Residential
Farmland
Non -Residential
Small Business
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 Estimate
Expenditure or Actual Tax Estimated Tax
Requisition for Assessed Rate Revenue
Current Year Valuations (Expressed
as mills)
3,710,078
1,019,252,280
3.6400
3,710,078
1,318,263
148,868,840
8.8552
1,318,263
28,330,828
3,434,039,700
8.2500
28,330,828
393,305
63,564,450
6.1875
393,305
2,815,283
1,087,913,204
2.5848
2,812,038
9,997,261
2,755,343,395
3.6310
10,004,652
196,362
77,969,716 2.5848
201,536
56,809
13,157,355 3.6310
47,774
946,010
4,662,676,900 020290
946,057
217,715
3,105,778,880 0.07010
217,715
29,317
WHEREAS Section 357 (1) of the Municipal Govemment 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:
1. 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 2025.
2. That this Bylaw shall come into force upon the passing thereof and hereby
rescinds Bylaw 2072-24.
April 10, 2025 MOVED BY COUNCILLOR ADENA SKANDERUP that Bylaw 2099-25
receive first reading. MOTION CARRIED
April 24, 2025 MOVED BY COUNCILLOR DAN SHORT that Bylaw 2099-25 receive
second reading. MOTION CARRIED
April 24, 2025 MOVED BY COUNCILLOR LYNETTE KOPP that Bylaw 2099-25 receive
third and final reading.
MOTION CARRIED
Reeve
Chief Administrative Officer
