843-26 2026 Property Tax Rate Bylaw

Onoway, Alberta

This is the exact embedded text of the captured official document. Snapshot b222e97aa7b0 · verified 2026-06-08 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

BYLAW NO. 843-26 Town of Onoway Municipal Government Act RSA 2000 Chapter M-26 1 BYLAW NO. 843-26 TOWN OF ONOWAY BEING A BYLAW OF THE TOWN OF ONOWAY TO AUTHORIZE THE SEVERAL RATES OF TAXATION IMPOSED FOR ALL PURPOSES FOR THE YEAR 2026 WHEREAS the total requirements for the Town of Onoway in the Province of Alberta as shown in the budget estimates, rounded to the nearest dollar where applicable, are as follows: Municipal General (incl. Provincial Policing of $72,757.00) 3,436,874.00 Lac Ste. Anne Foundation Seniors Housing Residential Requisition 22,261.00 Lac Ste. Anne Foundation Seniors Housing Non-Residential Requisition 9,067.00 ASFF Residential School Requisition 268,861.00 ASFF Residential School Requisition (2025 Underlevy) 673.00 ASFF Non-Residential School Requisition 162,086.00 ASFF Non-Residential School Requisition (2025 Underlevy) 349.00 Designated Industrial Property Requisition 280.00 TOTAL: $3,900,451.00 WHEREAS the total taxable assessment of land, buildings and improvements, subjugated as defined in the Assessment and Assessment Sub-Classification Bylaw duly passed by Council, amounts to: Class 1: Residential - Improved Country Residential $506,690 Improved Site $91,582,210 Multi-Family $1,343,090 Subtotal: $93,431,990 Residential - Vacant $680,800 Subtotal: $680,800 Class 1 Total Assessment: $94,112,790 Class 2: Non-Residential Commercial Improved Site $10,579,340 Commercial Vacant $840,700 Industrial Improved Site $22,621,000 Industrial Vacant $458,300 Non-residential Federal Land $0 Non-residential Industrial Improved $0 Non-residential Industrial Vacant $0 Linear - Railway $55,310 DIP - Non-Residential $664,350 Linear - Electric Power Systems $782,450 Linear- Telecommunication Systems $591,880 Linear - Cable TV $0 Linear - Gas Distribution Systems $247,740 BYLAW NO. 843-26 Town of Onoway Municipal Government Act RSA 2000 Chapter M-26 2 BYLAW NO. 843-26 TOWN OF ONOWAY Linear - Pipeline $796,320 Subtotal: $37,637,090 Class 2 Total Assessment: $37,637,090 Class 3: Farmland: Farmland $67,350 Subtotal: $67,350 Class 3 Total Assessment: $67,350 Class 4: Machinery and Equipment Machinery and Equipment $10,180 Subtotal: $10,180 DIP Machinery and Equipment $713,360 Subtotal: $713,360 Class 4 Total Assessment: $723,540 Exempt: School $25,282,000 Provincial $2,925,700 Religious $2,274,980 Miscellaneous $8,973,380 Municipal $124,000 Exempt Total Assessment: $39,580,060 TOTAL TAXABLE ASSESSMENT: $132,540,770 TOTAL EXEMPT ASSESSMENT: $ 39,580,060 TOTAL MUNICIPAL ASSESSMENT: $172,120,830 WHEREAS, the estimated municipal expenditures and transfers set out in the operating budget for the Town of Onoway for 2026 total $3,900,451 and the capital budget for the Town of Onoway for 2026 of $1,496,870; WHEREAS, the estimated taxes to be collected are $1,755,339 is to be raised by municipal taxation of which $32,850 is Recreation Tax. WHEREAS, the amount of municipal taxation to be raised from a minimum amount payable on each lot of the following assessment classes of: Residential Vacant: $1000.00 Residential-Improved: $1000.00 Non-Residential- Vacant: $1000.00 Non-Residential-Improved: $1000.00 Machinery & Equipment: $1000.00 BYLAW NO. 843-26 Town of Onoway Municipal Government Act RSA 2000 Chapter M-26 3 BYLAW NO. 843-26 TOWN OF ONOWAY is estimated to be $14,854 and the remaining $1,707,635 is to be collected based on municipal mill rates. WHEREAS, the rates hereinafter set out are deemed necessary to provide the amounts required for municipal, school and other purposes, after making due allowance for the amount of taxes which may reasonably be expected to remain unpaid; 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; The Municipal Administrator is hereby authorized and required to levy the following rates of taxation on the assessed value of all land, buildings and improvements as shown on the assessment and tax roll: Tax Levy Assessment Tax Rate (in mills) General Municipal Residential-Improved $ 786,200 $ 93,431,990 8.414677 Residential-Vacant $ 24,515 $ 680,800 36.008813 Non-Residential-Improved $ 792,643 $ 33,200,340 23.874552 Non-Residential-Vacant $ 17,138 $ 1,299,000 13.192918 Farmland $ 784 $ 67,350 11.646987 Linear & Machinery & Equipment $ 86,355 $ 3,861,290 22.364221 Minimum Tax- Residential Improved $ 6,445 Minimum Tax- Non-Residential Vacant $ 7,377 Minimum Tax- Linear & Machinery & Equipment $ 1,032 TOTAL $ 1,722,489 $ 132,540,770 BYLAW NO. 843-26 Town of Onoway Municipal Government Act RSA 2000 Chapter M-26 4 BYLAW NO. 843-26 TOWN OF ONOWAY Alberta School Foundation Fund (ASFF) Residential / Farmland (Class 1 and 3) $ 269,534 $ 94,180,140 2.861897 Non-Residential (Class 2 and 4*) $ 162,435 $ 37,637,090 4.315823 *excludes machinery equipment TOTAL $ 431,969 $ 131,817,230 Lac Ste. Anne Seniors Foundation Residential / Farmland $ 22,261 $ 94,180,140 0.236361 Non-Residential $ 9,067 $ 38,360,630 0.236361 TOTAL $ 31,328 $ 132,540,770 Designated Industrial Properties Non-Residential $ 280 $ 3,851,110 0.072800 TOTAL $ 280 $ 3,851,110 THAT this Bylaw shall come into force and effect upon the passing thereof. READ a first time this 14th day of April, 2026 READ a second time this 14th day of April, 2026 UNAMIMOUS CONSENT to proceed to third reading this 14th day of April, 2026 READ a third and final time this 14th day of April, 2026 SIGNED this 15th day of April, 2026 ___________________________ Signed by Mayor Bridgitte Coninx ______________________________ Signed by Chief Administrative Officer Jennifer Thompson