2026 Tax Rate Bylaw (2207-26)

Stettler, Alberta

This is the exact embedded text of the captured official document. Snapshot 70e15d0f73bd · verified 2026-06-08 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

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of property, subject to the Municipal Government Act, Revised Statutes of Alberta 2000, Chapter M-26, as amended, or repealed and replaced from time to time; and WHEREAS, the assessed value of all property in the Town of Stettler as shown on the assessment roll is: Assessment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