Bylaw 26-1020 Tax Bylaw 2026

Municipal District of Greenview No. 16, Alberta

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BYLAW 26-1020 of the Municipal District of Greenview No. 16 1 A Bylaw of the Municipal District of Greenview No. 16, in the Province of Alberta to provide for the rates of taxation to be levied against assessable property within the Municipal District of Greenview No. 16 for the 2026 taxation year. WHEREAS, the Municipal District of Greenview No. 16 has prepared and adopted detailed estimates of the municipal revenues and expenditures as required, at the council meeting held on April 28, 2026; and WHEREAS, the estimated municipal expenditures and transfers set out in the budget for the Municipality of Greenview No. 16 for 2026 total $184,945,904 and WHEREAS, the estimated municipal revenues and transfers from all sources other than taxation is estimated at $42,412,817 and the balance of $142,533,087 is to be raised by general municipal taxation; and WHEREAS, the requisitions are: WHEREAS, the Council of the Municipality 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 Alberta School Foundation Fund (ASFF) Residential/Farmland $ 3,474,649 Non-Residential $ 42,604,100 $ 46,078,748 Separate School Boards Residential/Farmland $ 98,900 Non-Residential $ 831 $ 99,731 Requisition Allowance MGA (359(2)) $ 150,000 Seniors Foundations The Evergreens Foundation $ 3,969,863 Heart River Housing $ 1,857,478 Grande Spirit Foundation $ 658,466 $ 6,485,807 Designated Industrial Properties Requisition $ 1,337,361 Docusign Envelope ID: B85C8273-08E5-40FA-AF4B-BF64D9F863AC BYLAW 26-1020 of the Municipal District of Greenview No. 16 2 WHEREAS, the assessed value of all property in the Municipal District of Greenview No. 16 as shown on the assessment roll is: Residential/Farmland $ 967,719,210 Residential Municipal Only $ 5,807,960 Residential Grande Cache $ 326,872,640 Residential Grande Cache Municipal Only $ 205,730 DIP Residential/Farmland $ 17,310 Non-Residential $ 222,258,720 Non-Residential Municipal Only $ 1,945,040 Non-Residential Grande Cache $ 125,728,560 Non-Residential Grande Cache Municipal Only $ 4,192,370 Machinery & Equipment $ 56,000,000 DIP Non-Residential $ 10,395,295,460 DIP Machinery & Equipment $ 7,713,185,130 DIP Power Generation $ 261,864,090 Total Taxable Assessment $ 20,081,092,220 NOW, THEREFORE, the Council of the Municipal District of Greenview No. 16, in the Province of Alberta, duly assembled, enacts as follows: 1. TITLE 1.1. This Bylaw may be cited as "Tax Bylaw 2026". 2. AUTHORIZATION 2.1. 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 Municipal District of Greenview No. 16: Docusign Envelope ID: B85C8273-08E5-40FA-AF4B-BF64D9F863AC BYLAW 26-1020 of the Municipal District of Greenview No. 16 3 2.2. The minimum amount payable as property tax for general municipal purposes shall be $30.00. 3. DUE DATES 3.1. Non-Residential taxes are due and payable on June 30, 2026. 3.2. Residential/Farmland taxes are due and payable on November 16, 2026. 4. PENALTIES 4.1. In the event of any current taxes remaining unpaid for Non-Residential after June 30, 2026, there shall be levied a penalty of 8%, on July 1, 2026. 4.2. In the event of any current taxes remaining unpaid for Residential/Farmland after November 16, 2026, there shall be levied a penalty of 8%, November 17, 2026. 4.3. In the event of any current taxes remaining unpaid after December 31, 2026, there shall be levied a penalty of 10% on January 1, 2027. 4.4. In the event of any arrear's taxes remaining unpaid after December 31, 2026, there shall be levied a penalty of 18% on January 1, 2027, and in each succeeding year thereafter, so long as the taxes remain unpaid. Tax Levy Assessment Tax Rate General Municipal Residential/Farmland $ 2,431,622 $ 973,544,480 2.4977 Residential Grande Cache $ 2,346,722 $ 327,078,370 7.1748 Non-Residential $ 137,754,743 $ 18,780,469,370 7.3350 ASFF/Separate School Boards Residential/Farmland $ 3,573,549 $ 1,294,609,160 2.7603 Non-Residential $ 42,604,931 $ 10,743,282,740 3.9657 Requisition Allowance $ 150,000 $ 12,037,891,900 0.0125 Seniors Foundations $ 6,485,807 $ 20,068,941,120 0.3232 Designated Industrial Properties $ 1,337,361 $ 18,370,344,680 0.0728 Docusign Envelope ID: B85C8273-08E5-40FA-AF4B-BF64D9F863AC BYLAW 26-1020 of the Municipal District of Greenview No. 16 4 5. IDEMNIFICATION 5.1. 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. 6. COMING INTO FORCE 6.1. This Bylaw shall come into force and effect upon the day of third and final reading. Read a first time this 14 day of April 2026. Read a second time this 28 day of April 2026. Read a third time this 28 day of April 2026. REEVE CHIEF ADMINISTRATIVE OFFICER Docusign Envelope ID: B85C8273-08E5-40FA-AF4B-BF64D9F863AC