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HomeMy WebLinkAboutTax Rate Bylaw to Tax notice 183037 RR145 (Box 130), Brooks, AB T1R 1B2 Check us out on social media Phone: 403-362-3266 Fax: 888-361-7921 Email: administration@newellmail.ca Web: www.countyofnewell.ab.ca From Tax Rate Bylaw to the Tax Notice, how does it happen? On April 8, 2026 County Council approved the 2026 Final Budget which includes operating expenditures of $37.6 million, capital expenditures of $32.8 million and debt repayments of $300 thousand. These funds called the municipal taxes and are listed first under “Tax Category” (middle of the tax notice). The assessment x tax rate equals the amount of taxes for each line item. The full budget document, which provides details of the services and programs provided by the County is available online at www.countyofnewell.ab.ca. A minimum tax levy of $30 per parcel will be applied in 2026. Municipal property taxes are rounded up to $30 on those parcels where the tax levy would be less than $30 based on assessment and the applicable mill rate for that parcel. This line also appears under the “Municipal” tax category on the tax notice. Changes to individual tax notices will be affected by changes in the tax rates, requisition increases/decreases for school and/or Newell Foundation as well as market value adjustments and any new construction. The County receives three requisitions annually. A requisition is submitted to the County of Newell for a dollar value determined by the requisitioning body. The requisition is then divided by the assessment to determine the tax rate. The County collects these funds and they are forwarded to the parties. Requisitions are listed under “Tax Category” on the tax notice, either under “School” or “Other”. 2026 requisitions include school taxes estimated in the amount of $14.8 million, Newell Foundation in the amount of $943 thousand, and Designated Industrial Property Tax requisition of $231.5 thousand. Questions regarding the 2026 Final Budget or approved projects should be directed to your area Councillor or members of the County’s Administration Team. If you have any specific questions about your combined property assessment and tax notice, please contact the following: Shannon Biette Corporate Services Supervisor biettes@newellmail.ca or Direct Line: 403-794-2331