Property Tax Bylaw No. 104-2025

Pelican Narrows, Alberta

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Summer Village of Pelican Narrows 2025 Propefi Tax Bylaw No. 10tt-2025 A BYLAW TO AUTHORIZE THE RATE OF TAXATION TO BE LEVIED AGAINST ASSESSABLE PROPERTY WITHIN THE SUMMER VILLAGE OF PELICAN NARROWS FOR THE 2025 TAXATION YEAR WHEREAS, the Summer Vitlage of Pelican Narrows has prepared and adopted detailed estimated of municipal revenue expenses and expenditures as required, at the council meeting held on April77,2025; and WHEREAS, the estimated municipal revenue from all sources other than property taxation total 0 : WHEREAT the estimated municipal expenses (excluding non-cash items) set out in the annual budget for the Summer Village of Pelican Narrows for 2A25 total 313.091. and the balance of 313,091. is to be raised by general municipal property taxation; and WHEARAS, the estirnated amount required to repay principal debt to be ralsed by general municipal taxation is O and: WHEREAS, the estimated amount required for current year capital expenditures to be raised by general municipal taxation is 0 and; WHEREAS, the estimated amount required for future financial plans to be raised by municipal taxation is 0 ; and THEREFORE, the total amount to be raised by general municipal taxation is 3 and WHEREAS, the requisition is: Alberta School Foundation Fund -Residential & Farm land -Non-residential -Allowance for uncollected taxes Opted Out School Board -Residential & Farm land *Non-residential -Allowance for uncollected taxes 155,327. 0 0 0 0 Designated lndustrial Properfy 31. Senior Housing Lakeland Senior Housing 5245. WHEREAS, the council is authorized to sub-classify assessed property, and to establish different rates to taxation in respect to each sub-class of property, subject to the Municipal Government Act, Chapter M-26, Revised Statues of Alberfa, 2000; and WHEREAS, the assessment value of all property in the Summer Village of Pelican Narrows as shown on the assessment roll is: Residential& Farm land Exempt institutional /Recreational 56,978_990. 3,878,300. Non-Residential B5J8q Machinery and Equipment 0 TotalAssessment 57,314,170. Designated lndustrial Property 335,180. NOW THEREFORE under the authority of the Municipal Government Act, the Council of the Summer Village of Pelican Narrows, in the Province of Alberta, enacts as follows: L. 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 Pelican Narrows: General Municipal Tax Levy Assessment Tax Rate Residential& Farm Land LSL.6O4. 56,978,990. .00265L Non -Residential, 892. 335,180. .002661 Total 152.496. 57,314,L7O. Alberta School Foundation Fund Residential& Farm Land L54,4L2. 56,978.990. .AO?7LA Non-Residential 908. 335,L80. .042114 Total 155,327. 57,3L4,L7O. Designated lndustrial Property 31. 33,5180. .OOZ7IO Senior Housing Lakeland Senior Housing 5276. 57,314,170. '000092 That the minimum amount payable per parcel as property tax for general municipal purposed shall be 2. This bylaw comes into force at the beginning of the day that it is passed unless otherwise provided for in the MGA or another enactment or in the bylaw. This bylaw is passed when it receives third reading and it is signed in accordance with S.213 of the MGA READ a first time on this -27 -day of April ,2025 READ a second time on this 9L ofA 2025 Given UNAMMIMOUS consent to go to third reading on this day of 2025 READ a third and finaltime on this ,t\ 1 .)r .lay of 202s Signed this c Chief Elected Official of 2025 Administrative Officer I