This is the exact embedded text of the captured official document.
Snapshot 25260697c56f · verified 2026-06-08 ·
original document ·
archived snapshot ·
unofficial consolidation, the official version is held by the municipal clerk.
TOWN OF HANNA
PROVINCE OF ALBERTA
BY-LAW NO. 1040-2025
A BYLAW TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST
ASSESSABLE PROPERTY WITHIN THE TOWN OF HANNA FOR THE 2025 TAXATION
YEAR.
WHEREAS, the Town of Hanna has prepared and adopted detailed estimates of the
municipal revenues and expenditures as required, at the Council meeting held on December
10, 2024 and prepared and adopted budget adjustments at the Council meeting held on May
13, 2025; and
WHEREAS, the estimated municipal expenditures and transfers set out in the budget
for the Town of Hanna for 2025 total $12,686,150.22 and
WHEREAS, the estimated municipal revenues and transfers from all sources other than
taxation is $9,709,225.12 and the balance of $2,976,925.10 to be raised by general municipal
taxation; and
WHEREAS, the requisitions are:
Alberta School Foundation Fund
Residential & Farmland
$ 492,714.89
Non Residential
$ 252,372.04
Total School Requisition
$ 745,086.93
Acadia Senior Foundation
$ 169,313.00
Designated Industrial Requisition $ 639.18
WHEREAS, the Council of the Town of Hanna 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
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, the assessed value of all property in the Town of Hanna as shown on the
assessment roll is:
Residential & Farmland
$ 192,911,900
Non Residential
$ 74,937,630
Total Taxable Assessment
$ 267,849,530
Non Residential (exempt from school)
Machinery & Equipment
$ 1,415,310
Grant In Place of Taxes Properties
$ 7,339,140
Non Residential (exempt from Acadia Foundation)
Grant In Place of Taxes Properties
$ 6,748,230
Town of Hanna
Bylaw 1040-2025
Page 2
Designated Industrial Property
$ 9,118,140
Non Taxable Assessment
$ 86,952,660
Total Assessment
$ 354,802,190
NOW THEREFORE under the authority of the Municipal Government Act, The Council
of the Town of Hanna, in the Province of Alberta, ENACTS AS FOLLOWS:
l.
BYLAW TITLE
1.1
This bylaw shall be known as the 2025 Tax Rate bylaw.
2.
TAX RATES
2.1. 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 Hanna:
Tax Rate
Assessment Tax Levy
(rounded nearest dollar)
General Municipal
Residential & Farmland
10.2702
$192,911,900
$ 1,981,244
Non-Residential
13.2868
$ 74,937,630
$ 995,681
$ 267,849,530
$ 2,976,925
Alberta School Foundation Requisition
Residential & Farmland
2.5541
$ 192,911,900
$ 492,716
Non-Residential
3.8132
$ 66,183,180
$ 252,370
$ 259,095,080
$ 745,086
Acadia Foundation Requisition
Residential & Farmland
.6485
$192,911,900
$ 125,103
Non-Residential
.6485
$ 68,189,400
$ 44,221
$ 261,101,300
$ 169,324
Designated Industrial Requisition
Non-Residential - Linear
.0701
$8,585,140
$ 602
Non-Residential
.0701
$ 533,000
$ 37
$ 9,118,140
$ 639
TOTAL TAX RATE
13.4728
RESIDENTIAL & FARMLAND
TOTAL TAX RATE
17.7485
NON-RESIDENTIAL
TOTAL TAX RATE
0.0701
DESIGNATED INDUSTRIAL
Town of Hanna
Bylaw 1040-2025
Page 3
3.
ENACTMENT/REPEAL
3.1
This Bylaw shall come into effect on the date of final reading.
READ A FIRST TIME THIS 13th DAY OF MAY 2025.
READ A SECOND TIME THIS 13th DAY OF MAY 2025.
Mayor Danny Povaschuk
Chief Administrative Officer
Matthew Norburn
READ A THIRD TIME AND FINALLY PASSED THIS 13th DAY OF MAY 2025.
Mayor Danny Povaschuk
Chief Administrative Officer
Matthew Norburn