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BYLAW NO. 2025-1057
of the
TOWN OF TWO HILLS
BYLAW NO. 2025-1057
Page 1 of 2
A BYLAW OF THE TOWN OF TWO HILLS, IN THE PROVINCE OF ALBERTA TO
AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST ASSESSABLE
PROPERTY WITHIN THE TOWN OF TWO HILLS FOR THE 2023 TAXATION YEAR
Whereas, the Town of Two Hills has prepared and adopted detailed estimates of the
municipal revenues, expenses and expenditures as required, at the council meeting held
on April 22, 2025; and
Whereas, the estimated municipal expenditures and transfers set out in the budget for
the Town of Two Hills for 2025 total $5,719,142.19 and
Whereas, the estimated municipal revenues and transfers from all sources other than
taxation is estimated at $3,782,939.46; and the balance of $1,734,102.42 is to be raised
by general municipal taxation; and
Whereas, the requisitions are:
Alberta School Foundation Fund (ASFF)
Residential/Farm land
$175,604.68
Non-Residential
$ 56,587.76
Seniors Foundation
$ 92,660.00
Whereas, the Council 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 classify assessed property, and to establish
different rates of taxation in respect to each class of property, subject to the Municipal
Government Act, Chapter M-26, Revised Statutes of Alberta, 2000; and
Whereas, the assessed value of all property in the Town of Two Hills as shown on the
assessment roll is:
Assessment
Residential
$ 65,255,830
Non-residential
$ 12,025,390
Designated Industrial
$ 2,678,110
Exempt
$ 44,850,140
$125,342,660
NOW THEREFORE under the authority of the Municipal Government Act, the Council of
the Town of Two Hills, in the Province of Alberta, enacts as follows:
BYLAW NO. 2025-1057
Page 2 of 2
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 Two Hills:
Tax Levy
Assessment
Tax Rate
General Municipal
Residential
855,178.31
65,789,020
12.9988
Non- Residential
336,709.46
12,025,390
27.9999
Derelict Property
3,466.77
53,340
64.9940
Alberta School Foundation Fund
Residential
175,604.68
65,842,360
2.6695
Non-Residential
56,079.62
12,025,390
4.7041
Seniors Foundation
Residential
78,333.04
65,842,360
1.1908
Non-Residential
14,328.37
12,025,390
1.1908
Designated Industrial
205.14
2,678,110 0.0000766
2.
The minimum amount payable as property tax for - general municipal purposes,
excluding special taxes, requisitions etc. - shall be:
Residential Vacant $1,000.00
Commercial Vacant
$1,000.00
Residential Non-Vacant $1,000.00
Commercial Non-Vacant $1,000.00
3.
That this bylaw shall take effect on the date of the third and final reading.
Bylaw No. 2025-1057 be given a first reading this 22nd day of April 2025.
Bylaw No. 2025-1057 be given a second reading this 22nd day of April 2025.
Bylaw No. 2025-1057 has been given Unanimous Consent to proceed with the third and
final reading on this 22nd day of April 2025.
Bylaw No. 2025-1057 be given third and final reading this this 22nd day of April 2025.
TOWN OF TWO HILLS
Leonard Ewanishan, Mayor
Adam Kozakiewicz, Chief Administrative Officer