2024-05 Taxation Bylaw

Alliance, Alberta

This is the exact embedded text of the captured official document. Snapshot 1bec2966b824 · verified 2026-06-08 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

________ ________ VILLAGE OF ALLIANCE BYLAW #2024-05 TAXATION BYLAW A BYLAW TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST ASSESSABLE PROPERTY WITHIN THE VILLAGE OF ALLIANCE FOR THE 2024 TAXATION YEAR WHEREAS, the Village of Alliance has prepared and adopted detailed estimates of the municipal revenues and expenditures as required, at the regular council meeting held on May 28, 2024; and WHEREAS, the estimated municipal expenditures, transfers and principal debt repayments (excluding non-cash items) set out in the budget for the Village of Alliance for 2024 total $ 564,503.00; and WHEREAS, the estimated municipal revenues and transfers from all sources other than taxation is estimated at $ 328,242.00 and the balance of $ 236,261.00_is to be raised by general municipal taxation; and WHEREAS, the 2024 requisitions are: Alberta School Foundation Fund (ASFF) Residential/Farmland $17,449 Non-Residential $10,807 Total School Requisitions $28,256 Flagstaff Regional Housing Group $1,715 Designated Industrial Properties (DIP) $27 WHEREAS, the Council of The Village of Alliance is required each year to levy on the assessed value of all property, tax rates enough to meet the estimated expenditures and the requisitions; and AND WHEREAS, the Council of The Village of Alliance is authorized to classify assessed property, and to establish different rates of taxation in respect to each class of property, subject to the Municipal Government Act, Chapter M-26, Revised Statutes of Alberta, 2000; AND WHEREAS; Section 357 of the Municipal Government Act provides that the Tax Rate Bylaw may specify a minimum amount payable as property tax and the Village of Alliance has resolved to establish a minimum tax; AND WHEREAS, the assessed value of all taxable property in the Village of Alliance as shown on the assessment roll is: Assessment Residential $6,708,420 Non-Residential $2,514,650 Machinery and equipment $111,580 Designated Industrial Property $355,540 Total $9,690,190 Grants In Lieu (Exempt) $180,540 $9,690,190 ________ ________ NOW THEREFORE under the authority of the Municipal Government Act, the Council of the Village of Alliance, in the Province of Alberta, 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 the Village of Alliance: Tax Levy Assessment Tax Rate General Municipal Residential $ 134,104 $ 6,708,420 0.019990399 Non-Residential $ 57,985 $ 2,514,650 0.023058946 Designated Industrial $ 8,198 $ 355,540 0.023058946 Machinery & Equipment $ 2,573 $ 111,580 0.023058946 Minimum Tax $ 33,401 Totals $ 236,261 $ 9,690,190 Alberta School Foundation Residential/Farmland $ 17,449 $ 6,708,420 0.002601092 Non-residential & DIP $ 10,807 $ 2,870,190 0.003765160 Totals $28,256 $9,578,610 Flagstaff Regional Housing $ 1,715 $9,578,610 0.000179114 2. The minimum amount payable as property tax for general municipal purposes shall be $850.00. 3. A penalty of 10% will be added on August 1, 2024 on any unpaid current taxes owing after July 31ST, 2024 and any unpaid taxes as of December 31st 2024 will have a further penalty of 12% added on January 2nd 2025. 4. This bylaw shall take effect on the date of the third and final reading. READ a first time on this ________ day of______________, 2024. READ a second time on this ________ day of______________, 2024. READ a third and final time on this _______ day of______________ 2024. ________________________________ _______________________________ CHIEF ELECTED OFFICIAL ADMINISTRATOR If any portion of this bylaw is declared invalid by a court of competent jurisdiction, then the invalid portion must be severed, and the remainder of the bylaw is deemed valid.