HomeMy WebLinkAboutBylaw 1848 - 2022 Property Tax Bylawncchill
COUNTY
BYLAW NO 1848
2022 PROPERTY TAX BYLAW
A BYLAW OF KNEEHILL COUNTY, IN THE PROVINCE OF ALBERTA, TO AUTHORIZE THE RATES OF TAXATION TO
BE LEVIED AGAINST ASSESSABLE PROPERTY WITHIN KNEEHILL COUNTY FOR THE 2022 TAXATION YEAR.
WHEREAS, Kneehill County has prepared and adopted detailed estimates of municipal revenue, expenses and
expenditures as required, at the Council meeting held on March 22, 2022; and
WHEREAS the estimated municipal revenues from all sources other than property taxation total $4,130,809;
and
WHEREAS the estimated municipal expenses set out in the annual budget for Kneehill County in 2022 total
$28,142,305 and the balance of $24,011,496 is to be raised by general municipal property taxation; and
WHEREAS the estimated amount required for current and future financial plans to be raised by municipal
taxation is $7,335,462, which is included in the total expenditures for 2022; and
WHEREAS the County prepares an additional Bylaw for Special Tax Rates as per Division 5 of the Municipal
Government Act being the 2022 Trochu Recreation Area Special Tax Bylaw #1849;
THEREFORE, the total amount to be raised by general municipal taxation is $24,011,496.
WHEREAS, the requisitions are:
Alberta School Foundation Fund
Residential & Farmland $1,786,042.17
Non-residential $3,544,746.41
Over/Under Levy 2,226.7
$5,328,561.87
Designated Industrial Property $89,813.88
Seniors Foundation
All Assessment $75,708.40
Over/Under Levy P 1j
$75,578.41
Bylaw No. 1848, 2022 Property Tax Bylaw
Page 2 of 3
WHEREAS, the assessed value of all property in Kneehill County as shown on the assessment roll is:
General Municipal Assessment
Farmland 151,702,440
Residential 542,795,920
Non-residential 58,135,120
Non DIP Industrial Property 43,186,710
Designated Industrial Property 319,448,850
Linear Property 853,056,170
1,968,325,210
NOW THEREFORE under the authority of the Municipal Government Act, Kneehill County Council enacts as
follows:
1. That the Chief Administrative Officer is hereby authorized to levy the following rates of taxation
on the assessed value of all property as shown on the assessment roll of Kneehill County:
General Municipal Assessment Tax Levy 2022 Tax Rate
Farmland 151,702,440 $ 1,678,820.00 0.011066533
Residential 542,795,920 $ 1,790,274.00 0.003298245
Non-residential
Non DIP Industrial Property
Designated Industrial Property
Linear Property
Alberta School Foundation Fund
Residential & Farmland
Non -Residential
Designated Industrial Property
58,135,120 $ 937,517.53 0.016126526
43,186,710 $ 696,451.61 0.016126526
319,448,850 $ 5,151,600.23 0.016126526
853,056,170 $13,756,832.63 0.016126526
1,968,325,210 $ 24,011,496.00
694,309,660 $ 1,786,042.17 0.002572400
916,827,110 $ 3,542,519.70 0.003863891
$ 5,328,561.87
1,172,505,020 $ 89,813.88 0.000076600
Kneehill Housing Corporation 1,968,136,510 $ 75,578.41 0.000038401
2. That the minimum amount payable per parcel as property tax for general municipal purposes
shall be $100.00.
Bylaw No. 1848, 2022 Property Tax Bylaw Page 3 of 3
3.
The total Tax Rate for each Assessment Category is as follows:
Municipal Tax
Alberta School
Kneehill
Designated
Total Tax
Tax Class
Foundation
Housing
Industrial
Rate
Rate
Fund
Corporation
Property
Residential
0.011066533
0.002572400
0.000038401
0
0.013677334
Farmland
0.003298245
0.002572400
0.000038401
0
0.005909046
Non -Residential
0.016126526
0.003863891
0.000038401
0
0.020028818
Machinery & Equipment/Power Generation 0.016126526
0
0.000038401
0.000076600
0.016241527
DIP Industrial
0.016126526
0.003863891
0.000038401
0.000076600
0.020105418
DIP Linear
0.001612653
0.003863891
0.000038401
0.000076600
0.005591545
4. This bylaw comes into force at the beginning of the day that it is passed unless otherwise
provided for in the MGA or another enactment or in the bylaw. This bylaw is passed when it
receives third reading, and it is signed in accordance with S.213 of the MGA.
READ a first time on this 26th day of April, 2022.
READ a second time on this 26th day of April, 2022.
UNANIMOUS permission for third reading given in Council on the 26th day of April, 2022.
READ a third time and final time of this 26th day of April, 2022.
Jerry Wittstock
C f Administrative Officer
Mike Haugen
.(Q IQJ--
Date Bylaw Signed