Tax Rate Bylaw (2025)

Bruderheim, Alberta

This is the exact embedded text of the captured official document. Snapshot fa4bccea5d5a · verified 2026-06-08 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

TOWN OF BRUDERHEIM In the Province of Alberta BYLAW NO. 05-2025 A BYLAW TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST ASSESSABLE PROPERTY WITHIN THE TOWN OF BRUDERHEIM FOR 2025 TAXATION YEAR. Whereas the Town of Bruderheim has prepared and adopted detailed estimates of the municipal revenues and expenditures as required, at the council meeting held on May 7, 2025; and Whereas the estimated municipal expenditures and transfers set out in the budget for the Town of Bruderheim for 2025 total $3,151,205.52 and Whereas the estimated municipal revenues and transfers from all sources other than taxation is estimated at $1,703,714.56 and the balance of $1,447,491 to be raised by general municipal taxation; and Whereas the requisitions are: Alberta School Foundation Fund (ASFF) Residential/Farmland $ 366,641.98 Non-residential $ 78,521.32 Opted Out School Boards Residential/Farmland $ 31,619.09 Non-residential Total School Requisitions $ 476,782.39 Seniors Foundation $ 74,601.00 DI properties $ 376.60 (Designated Industrial Properties) Policing Mandatory Funding $ 75,000.00 Whereas the Council of the Town of Bruderheim is required each year to levy on the assessed value of all property, tax rates sufficient to meet the estimated expenditures and the requisitions; and Whereas the Council is authorized to classify assessed property and to establish 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 the assessed value of all property in the Town of Bruderheim as shown on the assessment roll is: Assessment Residential 142,952,220 Tax Free for Three Residential 542,500 Non-residential 15,206,940 Tax Free for Three Commercial Farmland 276,800 Machinery and Equipment 455,860 Designated Industrial Property 112,700 Linear Property 4,670,940 Annexed Residential 1,165,040 Annexed Farmland 115,100 Annexed Farm site 485,450 Annexed Non-residential 13,210 Annexed Linear Property 132,820 Exempt 19,510,220 Total Assessment 185,639,800 Total Taxable Assessment 166,129,580 NOW THEREFORE under the authority of the Municipal Government Act, the Council of the Town of Bruderheim, 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 Town of Bruderheim 2 Tax Levy Assessment Tax Rate General Municipal Residential/tax rebate Farmland Non-Residential/tax rebate Designated Industrial Linear Property Machinery and Equipment Minimum tax Exempt Sub total $ 1,206,529.43 $ 2,327.38 $ 146,983.59 $ 1,089.30 $ 45,147.25 $ 4,406.14 $ 28,505.37 $ 1,434,988.46 143,494,720 276,800 15,206,940 112,700 4,670,940 455,860 164,217,960 0.00840818 0.00840818 0.00966556 0.00966556 0.00966556 0.00966556 Lamont County Annexed Land Residential/Farm site Farmland Non-Residential Linear/DI Minimum tax Sub total Tax allowance Total to be collected Alberta School Fund (ASFF) $ 7,619.66 $ 2,138.83 $ 257.82 $ 2,592.30 $ 219.35 $ 12,827.96 $ 325.41 $1,447,816.42 $ 476,782.39 1,650,490 115,100 13,210 132,820 1,911,620 166,129,580 Bylaw 891.25 0.0046166 0.0185823 0.0195173 0.0195173 Residential/Farmland, includes Annexed land $ 366,759.04 134,019,970 0.0027366 Non-residential, includes Annexed land and linear Residential Opted-out School $ 78,469.18 $ 31,553.95 20,123,400 11,530,350 0.0038994 0.0027366 2024 over/under Levy Requisition Allowance Total School Requisition $ -491.07 $ 490.00 $ 477,273.24 (Machinery and Equipment has a 0% tax rate for the purpose of ASFF) Lamont County Housing Foundation Requisition Less 2024 over/under collected. Allowance Total to be collected $ 74,601.00 $ (52.26) $ 44.44 $ 74,644.44 166,129,580 0.000449 DI Property Requisition $ 376.60 5,372,320 0.0000701 Policing Mandatory Funding $ 74,800.00 166,129,580 0.00045025 THAT all properties assessed a Municipal levy of less than $500.00 will be assessed a minimum Municipal tax rate of $500.00. That this bylaw shall take effect on the date of the third and final reading. Read a first time on this 7th day of May 2025. Read a second time on this 7th day of May 2025. Read a third time and passed on this 7th day of May 2025. Date Signed: May 8th, 2025 Town of Bruderheim Original Signed Mayor Original Signed Chief Administrative Officer