Tax Rate Bylaw No. 2006/2026

Redcliff, Alberta · adopted 2026-05-21

This is the exact embedded text of the captured official document. Snapshot f49355b99da5 · verified 2026-06-08 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

BYLAW NO. 2006/2026 0F THE TOWN OF REDCLIFF IN THE PROVINCE OF ALBERTA A BYLAW OF THE TOWN OF REDCLIFF, lN THE PROVINCE OF ALBERTA, TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST ASSESSABLE PROPERTY WITHIN THE TOWN OF REDCLIFF FOR THE 2026 TAXATION YEAR. WHEREAS, the Town of Redcliff has prepared and adopted detailed estimates of municipal revenue and expenditures as required, at the Council meeting held on April 27th, 2026; AND WHEREAS, the estimated municipal expenditures and transfers set out in the operating budget for the Town of Redcliff for 2026 total $22,470,503. AND WHEREAS, the requisitions are: Alberta School Foundation Fund (ASFF) Residential/Farmland Non-Residential Opted Out School Boards (MHCSRD) Residential/Farmland Non-Residential Total Education Requisitions Cypress View Foundation Requisition $ 1,797,053 907,344 84,603 71,420 $ 2,860,420 $ 101,156 Designated Industrial properties (DIP) $ 978 AND 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 Mum/.c/.pa/ Govemmenf Act, Revised Statutes of Alberta 2000, Chapter M-26; AND WHEREAS, the assessed value of all property in the Town of Redcliff as shown on the assessment roll is: Residential Non-residential Farmland Machinery and Equipment (400/o Exempt) Total Assessment Assessment $ 683,867,000 232,680,060 5,964,700 8,553,930 $ 931,065,690 AND WHEREAS, Council is authorized in the Municipal Government Act and considers it appropriate to apply an exemption to the extent of 40% to the Machinery and Equipment used for manufacturing or processing; AND WHEREAS, the Municipal Government Act authorizes the Town of Redcliff to impose a supplementary tax against properties listed on the supplementary tax roll; AND WHEREAS, the estimated municipal revenues and transfers from all sources other than property taxation is estimated at $12,321,808 and the balance of $6,754,168 is to be raised by general municipal property taxation; AND WHEREAS, the provincial uniform tax rate for all Designated Industrial Property (DIP) has been sat at so rJr72:a per $1,I Jco f f i CC.. Bylaw No. 2006/2026 -Tax Rate Bylaw Page 2 of 2 NOW THEREFORE under the authority of the A4un/-c/.pa/ Govemmenf Act, the Council of the Town Of Redcliff, in the Province of Alberta, enacts as follows: 1. This Bylaw shall be known as the Town of Redcliff "Tax Rate Bylawl'. 2. 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 Town of Redcliff: General IvluniciDal ProDerties General Municipal: Residential Non-residential Farmland Machinery and Equipment ASFF & MHCSRD : Residential & Farmland Non-Residential Cypress View Foundation DIP Properties: Designated Industrial Properties Linear Properties 4. Tax Levy $ 3,341,838 3,052,181 247,960 112,206 Assessment $ 683,867,000 232,680,060 5,964,700 8,553,930 Tax Rate 4.8960 13.1175 41.5710 13.1175 $ 6,754,185 $ 1,881,683 978,769 $ 931,065,690 $ 689,831,700 232,680,060 2.7329 4.2065 $ 2,860,452 $922,511,760 $ 101,158 $931,065,690 0.1088 $ 101,158 $931,065,690 $ 16 $219,780 936 12,857,143 0.0728 0.0728 $952 $ 13,076,923 That the Chief Administrative Officer be authorized to impose a supplementary tax against properties listed on the supplementary tax roll and the supplementary tax rates be the same as imposed by this bylaw. That this bylaw shall take effect on the date of the third and final reading. READ a first time this 27th day of April 2026. READ a second time this llth day of May 2026. MUNICIPAL MANAGER