Bylaw 300-36 Taxation Bylaw

Val Quentin, Alberta

This is the exact embedded text of the captured official document. Snapshot a17836830285 · verified 2026-06-08 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

Municipal Government Act RSA 2000 Chapter M-26 BYLAW 300-36 Taxation Bylaw A BYLAW OF THE SUMMER VILLAGE OF VAL QUENTIN, IN THE PROVINCE OF ALBERTA TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST ASSESSABLE PROPERTY WITHIN THE SUMMER VILLAGE OF VAL QUENTIN FOR THE 2026 TAXATION YEAR WHEREAS, the Summer Village of Val Quentin has prepared and adopted detailed estimates of the municipal revenues and expenditures as required, at the Council meeting held on April 15, 2026, and WHEREAS, the estimated municipal expenditures and transfers set out in the budget for the Summer Village of Val Quentin for 2026 total $624,304 and WHEREAS, the estimated municipal revenues and transfers from all sources other than municipal taxation are estimated at $90,342 and the balance of $321,988 is to be raised by general municipal taxation; and WHEREAS, the estimated utility expenditures and transfers set out in the utility budget for the Summer Village of Val Quentin for 2026 total $138,168.00; which consists of the utility levy of $82,668 and a $55,500 sewer revitalization charge, (based on a $300.00 per lot charge): and WHEREAS, the requisitions are: Alberta School Foundation Fund Residential $ 150,374.05 Non-Residential $ 1,321.06 Lac Ste. Anne Foundation $ 12,428.46 WHEREAS, the Council of the Summer Village of Val Quentin 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 M26, RSA 2000; and WHEREAS, the assessed value of all property in the Summer Village of Val Quentin as shown on the assessment roll is: Residential $ 55,695,580 Non-Residential $ 304,880 NOW THEREFORE, under the authority of the Municipal Government Act, the Council of the Summer Village of Val Quentin, in the Province of Alberta, enacts as follows: 1. That the Chief Administrative Officer is hereby authorized to impose a Special Services Tax on the assessed value of properties that have a value of less than the tax rate. 2. That the Minimum Tax payable as property tax on residential property for general municipal purposes shall be one thousand three hundred fifty dollars ($1,350.00). 1 Municipal Government Act RSA 2000 Chapter M-26 BYLAW 300-36 Taxation Bylaw 3. 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 Summer Village of Val Quentin: Tax Levy Assessment Tax Rate General Municipal $274,346 $56,000,460 4.999 Minimum Municipal Tax $ 47,642 Total General Municipal $321,988 Sewer Revitalization $ 55,500 $300/per property Municipal Utility $ 82,668 $56,000,460 1.4762 ASFF - Residential $150,374 $55,695,580 2.6999 ASFF - Non-Residential $ 1,321 $ 304,880 Total ASFF $151,695 Lac Ste. Anne Foundation $ 12,428.46 $56,000,460 0.2219 DI Property Tax $ 24.14 $ 304,880 0.0792 4. That a penalty of eighteen percent (18%) shall be added on all current (2026) unpaid taxes remaining unpaid after June 30th, 2026 and shall be added on July 1st, 2026. 5. That a penalty of eighteen percent (18%) shall be added to all outstanding taxes and related costs that remain unpaid after December 31st, 2026, and shall be added on January 1, annually. THAT, this bylaw shall come into force and effect upon the third reading and passing thereof. READ A FIRST TIME IN COUNCIL THIS 15th DAY OF APRIL, 2026 READ A SECOND TIME IN COUNCIL THIS 15th DAY OF APRIL, 2026 READ A THIRD TIME IN COUNCIL AND DULY PASSED THIS 15th DAY OF APRIL, 2026 Signed this 15th DAY OF APRIL, 2026 ___________________________________________________ Mayor Kathy Dion _____________________________________ Chief Administrative Officer - Marlene Walsh 2