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SUMMER VILLAGE OF NORGLENWOLD
2026 PROPERTY TAX BYLAW
NO. #293-26
A BYLAW TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED
AGAINST ASSESSABLE PROPERTY WITHIN THE SUMMER VILLAGE
OF NORGLENWOLD FOR THE 2026 TAXATION YEAR.
WHEREAS, the Summer Village of Norglenwold has prepared and
adopted detailed estimates of municipal revenue, expenses and
expenditures as required, at the council meeting held on March 24, 2026.
WHEREAS, the estimated municipal revenues and transfer from all
sources other than taxation is estimated at $456,103.73 and the balance
of $553,782.74 is to be raised by general municipal taxation; and
WHEREAS, the estimated municipal expenses (excluding non-cash
items) set out in the annual budget for the Summer Village of Norglenwold
for 2026 total 1,009,886.47; and
THEREFORE, the total amount to be raised by general municipal taxation
is $553,782.74 and
WHEREAS, the requisitions are estimated to be:
Alberta School Foundation Fund
-
Residential & Farm Land
$758,979.75
-
Non-residential
$ 2,714.50
Red Deer Catholic Regional Div.39
-
Residential & Farm Land
$ 35,066.68
-
Non-residential
$ 0.00
Designated Industrial Property
$ 46.05
Total Requisitions Collected
$796,807.43
WHEREAS, the council is authorized to sub-classify assessed property,
and to establish different rates of taxation in respect to each sub-class of
property, subject to the Municipal Government Act, Chapter M-26, Revised
Statues of Alberta, 2000; and
WHEREAS, the assessed value of all property in the Summer Village of
Norglenwold as shown on the assessment roll is:
Residential
$ 277,506,000
Non-Residential & Designated
Industrial Property
$ 656,980
Taxable Assessment
$ 278,162,980
Exempt
$ 13,351,000
Total 2025 Assessment
$ 291,513,980
NOW THEREFORE under the authority of the Municipal Government Act,
the Council of the Summer Village of Norglenwold, in the Province of
Alberta, 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 of the Summer Village of Norglenwold:
Tax Levy
Assessment Tax Rate
General Municipal
Residential
$ 552,475.74 $277,506,000
1.9909
Non-Residential
$ 1,307.00 $ 656,980
1.9909
Totals:
$ 553,782.74 $278,162,980
School Requisitions
Residential &
$794,046.44
$277,506,000
2.8614
Farm Land
Non-Residential
$ 2,714.50 $ 656,980
4.1318
Totals:
$796,760.94 $ 278,162,980
Designated
$ 46.05
$ 656,980
0.0701
Industrial Property
2. That this bylaw shall take effect on the date of the third and final reading.
READ a first time on this 24th day of March 2026.
READ a second time on this 24th day of March 2026.
Given UNAMIMOUS consent to go to third reading on this 24th day of March
2026..
READ a third and final time on this 24th day of March 2026.
______________________________
Rod Miller, Mayor
______________________________
Tanner Evans, C.A.O.