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BYLAW # 2026 - 04
A BYLAW OF THE TOWN OF MILLET
IN THE PROVINCE OF ALBERT A
TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST
ASSESSABLE PROPERTY WITHIN THE TOWN OF MILLET FOR THE 2026
TAXATION YEAR.
WHEREAS the Town of Millet has prepared and adopted detailed estimates of the
municipal reserves and expenditures as required, at the Regular Council meeting held on ,
and
WHEREAS the estimated municipal expenditures and transfers set out in the budget for
the Town of Millet for 2025 total $ 4,853,251; and
WHEREAS the estimated municipal revenues and transfers from all sources other than
taxation is estimated at $2,565,731 and the balance of $2,287,520 is to be raised by general
municipal taxation; and
WHEREAS the estimated amount required to repay principal debt to be raised by general
municipal taxation is $110,140. and;
WHEREAS the estimated amount required for current year capital expenditures to be
raised by general municipal taxation is $154,200. and;
WHEREAS the estimated amount required for future financial plans to be raised by
municipal taxation is $269,509. and;
WHEREAS the requisitions are:
Prior Year
(Over)/Under
Requisition
Levv
Total
Alberta School Foundation Fund
Residential/Fam1land
$623,004
$53,393 $676,397
Non-Residential
$214,880
$39,600 $254,480
Wetaskiwin and Area Lodge Authority
$51 ,858
$0
$51,858
Designated Industrial
$347
$0
$347
WHEREAS, the Council of the Town of Millet is required each year to levy on the assessed
value of all property, tax rates sufficient to meet the estimated expenditures and requisitions;
and;
WHEREAS, the assessed value of all taxable in the Town of Millet as shown on the
assessment roll is:
Residential & Farmland
$228,382,490
Annexed Residential
$1,950,800
Non-Residential
$53,302,340
Designated Industrial
$4,530,430
Machinery & Equipment
$131,590
Total
$288,297,650
NOW THEREFORE, under the authority of the Municipal Government Act, Chapter M-
26, Revised Statutes of Albe1ta 2000, the Council of the Town of Millet in the Province of
Alberta enacts as follows:
THAT, the Chief Administrative Officer is hereby authorized to levy the following rates
expressed in mills of taxation on the assessed value of all taxable property as shown on the
assessment roll of the Town of Millet:
Residential
For Municipal purposes
For Alberta School Foundation Fund
For Wetaskiwin & Area Lodge Authority
Total Residential Mill Rate:
Annexed Residential
For Municipal purposes
For Alberta School Foundation Fund
For Wetaskiwin & Area Lodge Authority
Total Annexed Residential Mill Rate:
N on-Residential
For Municipal purposes
For Alberta School Foundation Fund
For Wetaskiwin & Area Lodge Authority
Total Non-Residential Mill Rate:
7.3784
2.9372
0.18?9
10.4985
3.3868
2.9372
0.1829
6.5069
11.123 7
4.7820
0.1829
16.0886
Designated Industrial (in addition to non-residential rates)
For Provincial Requisition
0.0765
Total Designated Industrial Mill Rate:
0.0765
Machinery and Equipment
For Municipal purposes
Total Machinery & Equipment Mill Rate:
11.123 7
11.1237
AND FURTHER THAT this Bylaw shall take effect on the date of third and final reading.
Read a first time this _ I 3th_
day of __ May ____ , A.O., 2026.
Read a second time this _
I 3th_ day of_May ___ , A.O., 2026.
Read a third time and finally passed this _13th_day of __ May _____ , A.O.,
2026.
MAYOR
CHI