HomeMy WebLinkAbout2072-24 Tax Rates - 2024COUNTY OF NEWELL
IN THE PROVINCE OF ALBERTA
BYLAW NO. 2072-24
2024 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 2024.
WHEREAS the estimated municipal expenditures and transfers for the County of Newell
for the fiscal year 2024 are $75,823,081; and
WHEREAS the estimated 2024 Alberta School Foundation Fund requisition is
$11,894,699 and the 2023 under levy is $10,957; and
WHEREAS the 2024 Newell Foundation requisition is $425,215; and
WHEREAS the 2024 Designated Industrial Property Tax requisition is $214,560; and
WHEREAS the estimated
taxation is estimated at
apportioned as follows:
municipal revenue and transfers from all sources other than
$30,303,302 and $45,519,779 is to be raised by taxation,
Expenditure or Actual Tax Estimated Tax
Requisition for Assessed Rate Revenue
Current Year Valuations (Expressed
as millsj
Municipal:
Residential 3,641,730 961,056,100 3.7893 3,641,730
Farmland
Non-Residenfial
Small Business
Alberta School Foundation Fund (ASFF):
ResidentiaUFarmland
Non-Residential
Christ the Redeemer Catholic Separate
Regional Division No. 3:
ResidentiaUFarmland
Non-Residential
Newell Foundation
Designated Industrial Property Tax Requisition
Minimum Tax Estimate
1,306,034 147,487,840
27,582,126 3,114,794,240
415,632 62,582,030
2,447,642 1,034,089,569
9,193,768 2,491,343,435
8.8552 1,306,034
8.8552 27,582,126
6.6414 415,632
2.3861 2,467,441
3.6989 9,215,230
188,739 72,054,111 2.3861
64,550 13,789,445 3.6989
425,215 4,279,308,51 U
214,560 2,804,700,410
0.09936
0.07650
171,928
51,006
425,192
214,560
28,899
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 11, 2024
April 25, 2024
April 25, 2024
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 2024.
That this Bylaw shall come into force upon the passing thereof and hereby
rescinds Bylaw 2053-23.
MOVED BY COUNCILLOR LYNETTE KOPP that Bylaw 2072-24 receive
FIRST reading. MOTION CARRIED
MOVED BY COUNCILLOR HOLLY JOHNSON that Bylaw 2072-24 receive
SECOND reading. MOTION CARRIED
MOVED BY COUNCILLOR AMANDA PHILPOTT that Bylaw 2072-24
receive THIRD and FINAL reading.
MOTION CARRIED
eeve
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Chief Administrative Officer