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BYLAW NO. 07-2026
Page 1 of 2
A BYLAW IN THE TOWN OF PONOKA IN THE PROVINCE OF ALBERTA TO
AUTHORIZE THE RATES OF TAXATION TO BE LEVIED
AGAINST ASSESSABLE PROPERTY FOR THE 2026 TAXATION YEAR
WHEREAS the Town of Ponoka 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 2026 total
$39,629,777.
AND WHEREAS the estimated municipal revenues and transfers from all sources other than taxation is
estimated at $26,311,660 and the balance of $13,318,117 is to be raised by general municipal taxation
and requisitions;
AND WHEREAS pursuant to section 353 of the Municipal Government Act RSA. 2000, c.M-26 (the
"MGA") Council must pass a property tax bylaw annually authorizing Council to impose a tax in respect
of property in the municipality to raise revenue to be used toward the payment of the expenditures and
transfers as set out in the budget of the municipality and the requisitions;
AND WHEREAS Council is authorized to classify assessed property, and establish different rates of
taxation in respect to each class of property, pursuant to section 354 of the MGA, RSA. 2000, c.M-26;
AND WHEREAS the requisitions are:
Education Property Tax Requisition
$ 3,087,024
Rimoka Housing Foundation Requisition
$ 82,408
Designated Industrial Property Tax Requisition
$ 1,006
AND WHEREAS the prior year over levied is:
Education Property Tax Requisition (2025)
($ 9,969)
AND WHEREAS the prior year under levied is:
Rimoka Housing Foundation Requisition (2025)
$
48
AND WHEREAS the assessed values of all taxable property on the assessment roll is:
Residential
837,406,270
Derelict Residential
0
Annexed
2,243,300
Residential AHA (Alberta Housing Act) Taxable
1,257,000
Provincial Grants in Lieu - Residential
140,000
BYLAW NO. 07-2026
Page 2 of 2
Farmland
291,000
Non-Residential
198,809,600
Provincial Grants in Lieu - Non-Residential
4,528,580
Designated Industrial Property Assessment
13,818,970
Machinery & Equipment
3,322,860
1,061,817,580
THEREFORE, COUNCIL DULY ASSEMBLED ENACTS AS FOLLOWS:
1.
That this Bylaw shall be known as the 2026 Tax Rate Bylaw.
2.
That the Chief Administrative Officer is hereby authorized to levy the tax rates set out in the
Schedule "A" against the assessed value of all taxable property as shown on the assessment roll
of the Town of Ponoka.
3.
That the minimum amount payable per property tax roll for municipal property tax is set at
$100.00 and for annexed properties is set at $25.00.
That this Bylaw shall take effect on the date of third and final reading.
First Reading
Second Reading
Third & Final Reading
TOWN OF PONOKA
MAYOR
CHIEF ADMINISTRATIVE OFFICER
Original Signed
Original Signed
Schedule A
Bylaw 07-2026
Assessment Class
Taxable Assessment
Tax Rate¹
Tax Levy
Residential6
837,406,270
9.0441
7,573,586
$
Derelict Residential6
-
13.5662
-
$
Annexed Residential6
2,243,300
2.2610
5,072
$
Farmland
291,000
9.0441
2,632
$
Residential- Alberta Housing Act Taxable5
1,257,000
9.0441
11,368
$
Provincial Grant in Lieu - Residential
140,000
9.0441
1,266
$
Non-Residential
198,809,600
11.8034
2,346,629
$
Provincial Grant in Lieu - Non-Residential
4,528,580
11.8034
53,453
$
Designated Industrial Property
13,818,970
11.8034
163,111
$
Machinery & Equipment²
3,322,860
0.0000
-
$
1,061,817,580
10,157,117
$
Total Minimum Tax Amount4
482
$
Total Municipal Tax Requirement
10,157,599
$
Assessment Class
Taxable Assessment
Tax Rate¹
Tax Levy
Residential6
837,406,270
2.6478
2,217,284
$
Derelict Residential6
-
2.6478
-
$
Annexed Residential6
2,243,300
2.6478
5,940
$
Farmland
291,000
2.6478
771
$
Residential- Alberta Housing Act Taxable5
1,257,000
0.0000
-
$
Provincial Grant in Lieu - Residential
140,000
0.0000
-
$
Non-Residential
198,809,600
4.0119
797,604
$
Provincial Grant in Lieu - Non-Residential
4,528,580
0.0000
-
$
Designated Industrial Property
13,818,970
4.0119
55,440
$
Machinery & Equipment²
3,322,860
0.0000
-
$
1,061,817,580
3,077,039
$
Alberta School Foundation Fund
2,840,046
$
St Thomas Aquinas RCSRD
246,979
$
Education Property Tax Requisition
3,087,025
$
Prior year over/under levy
(9,969)
$
Total Education Tax Requirement
3,077,056
$
Assessment Class
Taxable Assessment
Tax Rate¹
Tax Levy
Residential6
837,406,270
0.0783
65,569
$
Derelict Residential6
-
0.0783
-
$
Annexed Residential6
2,243,300
0.0783
176
$
Farmland
291,000
0.0783
23
$
2025 Municipal Tax Rates
2025 Education Tax Rates
(Requisitions by Alberta School Foundation Fund & St Thomas Aquinas RCSRD)
2025 Rimoka Housing Foundation Tax Rates
Schedule A
Bylaw 07-2026
Residential- Alberta Housing Act Taxable5
1,257,000
0.0000
-
$
Provincial Grant in Lieu - Residential
140,000
0.0000
-
$
Non-Residential
198,809,600
0.0783
15,567
$
Provincial Grant in Lieu - Non-Residential
4,528,580
0.0000
-
$
Designated Industrial Property
13,818,970
0.0783
1,082
$
Machinery & Equipment²
3,322,860
0.0000
-
$
1,061,817,580
82,416
$
Rimoka Housing Foundation Requisition
82,408
$
Prior year over/under levy
48
$
Total Rimoka Housing Foundation Requisition
82,456
$
Assessment Class
Taxable Assessment
Tax Rate¹
Tax Levy
Designated Industrial Property³
13,818,970
0.0728
1,006
$
13,818,970
1,006
$
Designated Industrial Property Tax Requisition
1,006
$
¹Tax Rate shown in mills (per $1,000 of Assessment)
²Exempt from Taxation as per Bylaw 474-84
³Designated Industrial Assessment & Tax Rates are set by the Provincial Assessor & Minister
4Difference between the calculated tax amount to the minimum tax amount of $100 per property for the
Town of Ponoka and $25 per property for Annexed Properties
5Taxable as per Bylaw 08-2024, exempt from Education Tax & Rimoka Housing Foundation Tax
6Residential Sub-classes created as per Bylaw 05-2025
2025 Designated Industrial Tax Rates