HomeMy WebLinkAboutBylaw 1884 - 2023 Tax Rate BylawBylaw No. 1884, 2023 Property Tax Bylaw Page 1 of 3
.��neehilt
COUNTY
BYLAW NO 1884
2023 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 2023 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 28, 2023; and
WHEREAS the estimated municipal revenues from all sources other than property taxation total $4,170,442;
and
WHEREAS the estimated municipal expenses set out in the annual budget for Kneehill County in 2023 total
$28,644,444 and the balance of $24,474,002 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 $8,352,144, which is included in the total expenditures for 2023; and
WHEREAS the County prepares an additional Bylaw for Special Tax Rates as per Division 5 of the Municipal
Government Act, being the 2023 Trochu Recreation Area Special Tax Bylaw #1885;
THEREFORE, the total amount to be raised by general municipal taxation is $24,474,002,
WHEREAS, the requisitions are:
Alberta School Foundation Fund
Residential & Farmland $1,739,443.21
Non-residential $2,862,229.53
Over/(Under) Levy ($12,065.72)
$4,589,607.02
Designated Industrial Property $93,296.50
Seniors Foundation
All Assessment $83,347.11
Over/(Under) Levy ($335.13)
$83,011.98
Bylaw No. 1884, 2023 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
Residential
Farmland
Grants in Lieu of Taxes
Machinery & Equipment/Power Generation
Non-residential
Non DIP Industrial Property
Designated Industrial Property
Linear Property
Assessment
597,439,800
151,695,760
226,230
386,883,560
66,311,540
23,462,030
78,626,850
806,649,340
2,111,295,110
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
Residential
597,439,800
Farmland
1.51,695,760
Estimated add'[ iMis Levy
Grants in Lieu of Taxes
2.26,230
Machineryy & Equipment/Power Generation
38'15,883,560
Non-residential
66,311,540
Non DIP Industrial Property
23,462,030
Designated Industri,a;] Property
78,626,.850
Linear Property
806,649,340
2,111,295,110
Alberta School Folun4ation Fund
Residential & Farmland 749,135,560
Non. -Residential 975,049,760
Designated Industrial Property 1,272,1.59,750
Tax Levy
2023 Teas Rate
$
1.,896,972.33
0.0,03175169
$
2,014,584.01
0.013280424
$
19, 324..80
$
71.8.32
0.003175169
$
5,,835,467.65
0.015083266
$
1,000,194.'60
0.01508326'6
$
353,884.04
0.015083266
$
1,18 a,949.6'9
0.015083266
$ 1.2,1.6'6,90�6j�..56
0.015083266
24,474,002.y�0
$ 1,739,443.21 0.002321934
$ 2,862,229.53 0.002935470
4,601.,672�74
94,903..1,2 0.000074600
Kneehill Housing Corporation 2,11.1,068,880 83,347:.11 0.000039481
2. That the minimum amount payable per parcel as property tax for general municipal purposes
shall be $125.00.
Bylaw No. 1884, 2023 Property Tax Bylaw Page 3 of 3
3. The total Tax Rate for each Assessment Category is as follows:
Municipal Alberta School Kneehiil Designated
Total Tax
Foundation Housing Industrial
Levy
Fund Corporation property
Rate
Residential 0,003175169 0.002321934 0.000039477
0.005536580
Farmland 0.013280424 0.002321934 0.000039477
0.015641835
Grants in Lieu Taxes 0.003175169
0.003175169
Machinery & Equipment/Power Generation 0.015083266 0.000039477 0.000074600
0.015197343
Non -Residential 0.015083266 0.002935470 0.000039477
0.018058213
Non DIP Industrial Property 0.015083266 0,002935470 0.000039477
0.018058213
Designated Industrial Property 0.015083266 0,002935470 0,000039477 0.000074600
0,018132813
DIP Linear Property 0.015083266 0.002935470 0.000039477 0.000074600
0.018132813
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 9th day of May, 2023
READ a second time on this 9th day of May, 2023
UNANIMOUS permission for third reading given in Council on the 91h day of May, 2023
READ a third time and final time of this 9' day of May, 2023
Re
Jerry Wittstock
C, of Administrative Officer
_iJMike Haugen
9 .
Date Bylaw Signed