Tax Rate Bylaw 2026-02

South Baptiste, Alberta · adopted 2026-01-01

This is the exact embedded text of the captured official document. Snapshot 19b7e838e3cb · verified 2026-06-08 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

SUMMER VILLAGE OF SOUTH BAPTISTE BYLAW 02-2026 A BYLAW TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST ASSESSABLE PROPERTY WITHIN THE SUMMER VILLAGE OF SOUTH BAPTISTE FOR THE 2026 TAXATION YEAR Whereas, the Summer Village of South Baptiste has prepared and adopted detailed estimates of the municipal revenues and expenditures as required, at the council meeting held on the 21st day of April 2026 and Whereas, the estimated municipal expenditures and transfers set out in the budget for the Summer Village of South Baptiste for 2026 total $224,582; and Whereas, the estimated municipal revenues and transfers from sources other than taxation is estimated at $113,183, and the balance of $111,398 is to be raised by general municipal taxation; and Whereas, the requisitions are: Alberta School Foundation Fund (ASFF) $74,505 Residential/Farmland $68,065 Non Residential $6,439 Greater North Foundation $3,612 Designated Industrial (linear) $ 11 Whereas, the Council of the Summer Village of South Baptiste 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 Council is authorized to sub-classify assessed property. and to establish different rates of taxation in respect to each class of property, subject to the Municipal Government Act, Chapter M26, Revised Statutes of Alberta, 2000; and Whereas, the taxable assessed value of all property in the Summer Village of South Baptiste as shown on the assessment roll is: PROPERTY CLASS ASSESSMENT Residential $25,359,130 Designated Industrial $147,550 TOTAL TAXABLE ASSESSMENT $25,506,680 Now Therefore under the authority of the Municipal Government Act, the Council of the Summer Village of South Baptiste, 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 taxable assessed value of all property as shown on the assessment roll of the Summer Village of South Baptiste: Tax Levy Assessment Tax Rate General Municipal Taxes Residential $110,753 $25,359,130 4.3674 Non Residential $645 $147,550 4.3674 Total $111,398 Alberta School Foundation Fund (ASFF) Residential $74,073.46 $25.359,130 2.9210 Non Residential $430.99 $147,550 2.9210 Total $74,505.45 Greater North Seniors Foundation Residential $3,590.11 $25,359,130 0.1416 Non Residential $20.89 $147,550 0.1416 Total $3,611 Designated Industrial Residential $0 $25,359,130 0 Non Residential $10.34 $147,550 .0000701 Total $10.34 2. The minimum amount payable as property tax for general municipal purposes shall be $350.00 3. That this bylaw shall take effect on the date of the third and final reading. READ A FIRST TIME this 21st day of April 2026. READ A SECOND TIME this 21st day of April 2026. Unanimous Consent to proceed to third reading on this 21st day of April 2026 READ A THIRD TIME AND FINALLY PASSED this 21st day of April 2026. _____________________________ ____________________________ Mayor, Wendy Appleby CAO, Linda Roland Wendy Appleby (Apr 23, 2026 18:12:28 MDT) Wendy Appleby