Property Tax Bylaw — full text

This is an automated transcription (OCR) of the captured official document — minor recognition errors are possible; the source document governs. Snapshot f276ba220e54 · verified 2026-06-08 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

## Village of Champion, Alberta Bylaw 2023-001 A BYLAW OF THE VILLAGE OF CHAMPION, TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST ASSESSABLE PROPERTIES WITHIN THE VILLAGE OF CHAMPION FOR THE 2023 TAXATION YEAR. WHEREAS The Village of Champion has prepared and adopted detailed estimates of the municipal revenues and expenditures as required, at the Council Meeting held on June 5, 2023; and WHEREAS The estimated municipal revenues and transfers set out in the budget for the Village of Champion for 2023 total $1,461,462; and WHEREAS The estimated municipal expenses and transfers from all sources other than taxation is estimated at $1,078,721 and the balance of $382,741 is to be raised by general municipal taxation; and WHEREAS The requisitions are: | Alberta School Foundation Fund (ASFF} | $54,706 | |-----------------------------------------|-----------| | Residential/Farmland | $7,095 | | Non-Residential | | Marquis Foundation DIP $8,203 $75.56 WHEREAS The Council of the Village of Champion 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 ## WHEREAS ## WHEREAS The Council of the Village of Champion is required each year to levy on the assessed value of taxable properties in respect to each class of property, subject to the Municipal Government Act, Chapter M26, Revised Statutes of Alberta, 2000; and The assessed value of all property in the Village of Champion as shown on the assessment roll for municipal purposes is: Residential Commercial DIP Linear Exempt Total Assessment $22,266,500 $2,883,200 $305,140 $707,750 $7,541,430 $33,704,020 The assessed value of all property in the Village of Champion as shown on the assessment roll for ASFF purposes is: Assessment Residential/Farmland Non-Residential $22,266,500 $2,883,200 $25,149,700 NOW THEREFORE, under the authority of the Municipal Government Act, the Council of the Village of Champion, in the Province of Alberta, enacts as follows: - 1.0 This Bylaw may be cited as the "2023 Tax Rate Bylaw." - 2.0 That the Chief Administrative Officer is hereby authorized to levy the following rates of taxation to the assessed value of all property as shown on the assessment roll of the Village of Champion: | Municipal Taxes | Tax Levy | Assessment | Tax Rate | |--------------------------------|------------|--------------|------------| | Residential/Farmland | $250,498 | $22,266,500 | 11.2500 | | Non-Residential | $33,081 | $3,718,410 | 9.5000 | | Minimum Tax Portion | $99,162 | | | | Municipal Totals | $382,741 | $25,149,700 | | | ASFF Requisition | Tax Levy | Assessment | Tax Rate | | Residential/Farmland | $53,295 | $18,966,250 | 2.5330 | | Non-Residential | $7,942 | $2,204,950 | 2.5330 | | ASFF Totals | $61,237 | $21,171,200 | | | Marquis Foundation Total | Tax Levy | Assessment | Tax Rate | | | $8,203 | $21,171,200 | 0.0316 | | Designated Industrial Property | Tax Levy | Assessment | Tax Rate | | | $76 | $432,720 | 0.0766 | - 3.0 That the minimum amount payable for all properties as property tax for general municipal purposes shall be $1,320. - 4.0 That the following penalties be set: - 13.5% penalty on all current taxes remaining unpaid after August 31, 2023. - 13.5% penalty on all taxes remaining unpaid after January 15, 2024. - 5.0 That this Bylaw shall take effect on the date of the third and final reading. Read First Reading this 5th day of June 2023.  Terry Penney, Mayor  Derek Kwiatkowski, Chief Administrative Officer  Terry Penney, Mayor Derek Kwiatkowski, Chief Administrative Officer  Read Third Reading this 5th day of June 2023.   Terry Penney, Mayor In least Derek Kwiatkowski, Chief Administrative Officer