Municipal District of Lesser Slave River No. 124, Alberta
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BYLAW 2026-03
A Bylaw of the Municipal District of Lesser Slave River No. 124 in the province of Alberta for the
purpose of authorizing the several rates of taxation to be levied against assessable property for the 2026
tax year.
WHEREAS, under the provisions of Sections 353 and 354 of the Municipal Government Act Chapter M-26 RSA 2000,
Council must pass a property tax bylaw to provide authorization to levy on the assessed value of all assessed property
shown on the assessment roll, a tax at the uniform rate on the dollar that Council considers sufficient to produce the
funds necessary to meet the amount of the expenditures as are estimated by Council or as are annually requisitioned
on Council; and
WHEREAS, the Municipal District of Lesser Slave River No. 124 has prepared and adopted detailed estimates of
municipal revenue and expenditures as required, at the Council meeting held on April 8, 2026; and
WHEREAS, under the provisions of Section 297 and 354 of the Municipal Government Act, Council has by by-law
provided for the classification of the assessed property in the Municipal District as Class I - Residential, Class II - Non-
Residential/Linear, Class III - Farmland; Class IV - Machinery & Equipment; and
WHEREAS, under the provision of Section 357 (1) of the Municipal Government Act and, pursuant to Motion 156-
25, a minimum amount of $100.00 per tax roll parcel is payable as a property tax for municipal purposes; and
WHEREAS, pursuant to Section 359.3 of the Municipal Government Act, the Minister shall set the tax rate to pay for
the requisition to cover costs associated with the assessment of designated industrial property and any other matters
related to the provincial assessor's operations, and that tax rate for the 2026 tax year has been set at $0.0728 per
$ 1000.00 of designated industrial property assessment as per Ministerial Order No.004/25; and
WHEREAS, under the provision of Ministerial Order No. MAG:004/25, the Minister of Municipal Affairs authorizes
that the components of electric power systems intended for, or used in, the generation of electricity are exempted to
a level of 100% from taxation for the purposes of raising revenue needed to pay the requisitions referred to under
section 326(1)(a)(ii) and (iii) of the Municipal Government Act (the school requisitions) for the 2026 taxation year.
WHEREAS, the total taxation requirements of the Municipal District of Lesser Slave River No. 124 for the 2026
taxation year are as follows:
General Municipal:
$ 26,085,214
Alberta School Foundation Fund (ASFF)
$ 6,241,091
Living Waters Catholic Regional Division #42 $ 67,693
Alberta Education Over/Under $ 6,673
$ 6,315,457
Senior Citizens Foundations
$ 714,346
Designated Industrial Assessment Requisition
$ 134,465
Allowance for School Requisition Collection
$ 45,262
TOTAL TAXATION REQUIREMENTS
$ 33,294,744
AND WHEREAS, the total taxable live assessment of land, buildings and improvements amounts to $2,546,822,600
of which $ 610,314,960 is Residential, $ 1,217,949,100 is Non-Residential/Linear, $ 7,334,200 is Farmland and
$ 711,224,340 is Machinery & Equipment; and
WHEREAS, the rates hereinafter set out are deemed necessary to provide the amount required for all purposes for
the 2026 taxation year, after making due allowance for the amount of taxes which may reasonably be expected to
remain unpaid, and for excess and insufficient tax collections.
NOW THEREFORE, the Council for the Municipal District of Lesser Slave River No. 124 in the Province of Alberta,
duly assembled, 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:
BYLAW 2026-03
ASSESSMENT
MUNICIPAL
VALUATION
TAX RATE
Class I - Residential
610,314,960
2.5369
Class II - Non-Residential
- Commercial/Industrial
241,508,670
12.6842
- Linear
976,440,430
12.6842
1,217,949,100
Class III - Farmland
7,334,200
9.1195
Class IV - Machinery & Equipment
711,224,340
12.6842
Total Taxable Live Assessment
2,546,822,600
PROVINCIAL ASSESSOR REQUISITION
Designated Industrial Properties
1,847,048,570
0.0728
SENIOR FOUNDATIONS
Total Foundation Live Assessment
2,543,968,510
.2808
EDUCATION REQUISITIONS
ASFF - Alta. Education
I
- Residential/Farmland
595,077,440
2.7969
II - Non-Residential/Linear
1,214,048,200
3.7698
1,809,125,640
Living Waters Catholic
Regional Division #42
I - Residential/Farmland
20,842,670
2.7969
II - Non-Residential/Linear
2,493,020
3.7698
23,335,690
Total Education Requisitions
1,832,461,330
ALLOWANCE FOR REQUISITION
COLLECTION
1,832,461,330
0.0247
The Seniors Requisition does not include 609-Provincial Residential and 709-Provincial Non Residential totaling
$ 2,854,090.
The Education Requisition does not include 609-Provincial Residential; 709-Provincial Non Residential; 505 -
Electric Co-generation; and 402/407/410 - Machinery & Equipment totaling $ 714,361,270 take effect on
the date of the third and final reading.
Read a first time on this 8th day of April 2026.
Read a second time on this 8th day of April 2026.
Approved unanimously this 8th day of April 2026 to be presented for third reading at this meeting.
Read a third and final time on this 8th day of April 2026.
__"Original Signed"____________________________
Reeve
__"Original Signed"____________________________
Chief Administrative Officer