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BYLAW 2207-26
A BYLAW TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST ASSESSABLE PROPERTY WITHIN THE TOWN
OF STETTLER IN THE PROVINCE OF ALBERTA FOR THE 2026 TAXATION YEAR.
WHEREAS, the Town of Stettler has prepared and adopted detailed estimates of the municipal revenues and expenditures as required,
at the Council Meeting held on May 5, 2026; and
WHEREAS, the estimated municipal expenditures and transfers set out in the budget for the Town of Stettler for 2026 total $24,985,518;
and
WHEREAS, the estimated municipal revenues and transfers from all sources other than taxation is estimated at $14,227,018 and the
balance of $10,758,500 is to be raised by general municipal taxation; and
WHEREAS, the requisitions are;
Alberta School Foundation Fund (ASFF)
Residential/Farmland
$1,658,887.35
Non-Residential
1,045,896.48
East Central Alberta Catholic Separate School Regional Division No. 16 (CSSRD)
Residential/Farmland
126,671.93
Non-Residential
60,491.83
Total School Requisitions
$2,891,947.59
Senior Foundation
535,708.00
Policing Requisition
1,758,103.00
Designated Industrial Property (DIP)
1,050.00; and
WHEREAS, the Council of the Town of Stettler is required each year to levy on the assessed value of all property, tax (mill) rates sufficient
to meet the estimated expenditures and the requisitions; 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of property, subject to the Municipal Government Act, Revised Statutes of Alberta 2000, Chapter M-26, as amended, or repealed and
replaced from time to time; and
WHEREAS, the assessed value of all property in the Town of Stettler as shown on the assessment roll is:
Assessment
Residential/Farmland
$662,143,070
Non-Residential
248,596,720
Designated Industrial Properties
15,434,610
GIPOT
3,425,670
Total
$929,600,070
NOW THEREFORE, under the authority of the Municipal Government Act, the Council of the Town of Stettler, in the Province of Alberta,
enacts as follows:
1.
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 Stettler:
Tax Levy
Assessment
Tax (Mill) Rate
General Municipal - Farmland/Residential
3,461,857
662,143,070
5.2283
General Municipal - Non-Residential
2,109,834
267,457,000
7.8885
ASFF
Residential/Farmland
1,658,887.35
617,540,277
2.6966
Non-Residential
1,045,896.48
249,524,895
4.1904
CSSRD
Residential/Farmland
126,671.93
44,602,793
2.6966
Non-Residential
60,491.83
14,506,435
4.1904
Seniors Foundation
535,708
926,174,400
0.5784
Policing Requisition
1,758,103
926,174,400
1.8982
Designated Industrial Properties (DIP) 1,050
15,434,610
0.0680
2.
That this bylaw shall take effect on the date of the third and final reading.
READ a first time this 5th day of May, A.D. 2026.
READ a second time this 5th day of May, A.D. 2026.
READ a third time and finally passed this 5th day of May, A.D. 2026.
__________________________________
Mayor
__________________________________
Assistant Chief Administrative Officer