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SUMMER VILLAGE OF SILVER BEACH
Municipal Government Act RSA 2000 Chapter M-26
Section 353 PROPERTY TAX BYLAW
BYLAW NO.2025-06
Property Tax
Summer Village of Silver Beach
Page 1 of 2
A BYLAW TO AUTHORIZE THE RATES OF PROPERTY TAXATION TO BE
LEVIED AGAINST ASSESSABLE PROPERTY WITHIN THE SUMMER VILLAGE OF
SILVER BEACH FOR THE 2025 TAXATION YEAR.
WHEREAS, the Summer Village of Silver Beach (the "Summer Village") has prepared and adopted
the detailed estimates of the municipal revenue and expenditures, as required, at the Council
meeting held on April 14th, 2025; and
WHEREAS, the estimated municipal expenditures and transfers, including the provincial
requisitions for the Alberta School Foundation Fund and the Designated Industrial Requisition, as
set out in the operating and capital budget for the Summer Village for 2025 total $589,129.52; and
WHEREAS, the estimated municipal operating revenue, capital revenue, and transfers from all
sources other than taxation is estimated at $110,433.70; and
THEREFORE, the balance of $212,483.52 is to be raised by general municipal taxation, and
WHEREAS, the provincial requisitions are:
Alberta School Foundation Fund
- Residential/Farmland
$ 265,357.40
- Non-residential
$ 839.20
- Machinery & Equipment
$ 0.00
Designated Industrial Requisition
$ 15.70
WHEREAS, the Council of the Summer Village is required each year to levy on the assessed value
of all property tax rates sufficient to meet the estimated expenditures and the requisitions; and
WHEREAS, the assessed value of all property in the Summer Village as shown on the assessment
roll is:
PROPERTY CLASS
ASSESSMENT
Residential
$ 98,795,700
Non-residential
$ 224,000
TOTAL TAXABLE ASSESSMENT
$ 99,019,700
SUMMER VILLAGE OF SILVER BEACH
Municipal Government Act RSA 2000 Chapter M-26
Section 353 PROPERTY TAX BYLAW
BYLAW NO.2025-06
Property Tax
Summer Village of Silver Beach
Page 2 of 2
NOW THEREFORE under the authority of the Municipal Government Act, Chapter M-26, Revised
Statutes of Alberta 2000, the Council of the Summer Village duly assembled, enacts as follows:
1. The Chief Administrative Officer of the Summer Village 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:
General Municipal Taxes
TAX LEVY
ASSESSMENT
TAX RATE
Residential
$ 212,002.84
$ 98,795,700
.00215
Non-residential
$ 480.68
$ 224,000
.00215
Machinery & Equipment
$ 0.00
$ 0
.0
TOTAL
$ 212,483.52
$ 99,019,700
Alberta School Foundation Fund
Requisition
Residential
$ 265,357.40
$ 98,795,700
.00269
Non-residential
$ 839.20
$ 224,000
.00375
Machinery & Equipment
$ 0
$ 0
.0
TOTAL
$ 266,196.60
$ 99,019,700
Designated Industrial Requisition
$ 15.70
$ 224,000
.0000701
2. COMING INTO FORCE
2.1
This Bylaw shall come into full force and effect upon final passing.
READ a first time this 20th day of May, 2025.
READ a second time this 20th day of May, 2025.
UNANIMOUS CONSENT to proceed to third reading this 20th day of May, 2025.
READ a third and final time this 20th day of May, 2025.
_____________________________
_____________________________
David Rolf, Mayor
June Boyda, Chief Administrative Officer
Summer Village of Silver Beach
Summer Village of Silver Beach