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A BYLAW TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST ASSESSABLE PROPERTY
WITHIN THE VILLAGE OF VETERAN IN THE PROVINCE OF ALBERTA FOR THE 2026 TAXATION YEAR.
WHEREAS, The Village of Veteran has prepared and adopted detailed estimates of municipal revenue and expenditures
as required, at the council meeting held on April 21, 2026, and
WHEREAS, the estimated municipal expenditures and transfers set out in the budget for the Village of Veteran for 2026
total $752,101 and
WHEREAS, the estimated municipal revenues and transfers from all sources other than taxation is estimated at $562,147
and a balance of $189,954 is to be raised by general municipal taxation; and
WHEREAS, the 2026 requisitions are:
Alberta School Foundation (ASFF)
Residential/Farmland
$30,014.50
Non-Residential
$10,471.35
Machinery & Equipment
0
Acadia Seniors Foundation
$4,754.00
Total
$45,239.85
WHEREAS, the council is authorized to classify assessed property , and to establish different rates of taxation in repsect
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 Village of Veteran as shown on the assessment roll is:
Assessment
Residential (1-3)
10,478,750
Non-Residential (11-14,15-16,22,31,33,41,43)
2,781,300
Farmland (5)
2,640
Seniors Foundation
-
Machinery & Equipment (21)
18,080
Total
13,280,770
NOW THEREFORE under the authority of the Municipal Government Act, the council of the Village of Veteran 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 Village of Veteran:
General Municipal
Tax Levy
Assessment
Tax Rate
Residential & Farmland
118,911.20
$
10,481,390
11.345
Non-Residential + M & E
$71,042.80
2,799,380
25.378
Totals
189,954.00
$
13,280,770
Alberta School Foundation Fund (ASFF)
Residential/Farmland
$30,014.50
10,481,390
2.795
Non-Residential
$10,471.35
2,324,550
4.125
Alberta School Foundation Fund (ASFF) Total
Acadia Seniors Foundation
$4,754.00
13,280,770
0.3580
Total
45,239.85
$
Total Tax Rate for Desginated Industrial Property for 2026
0.0728
Total Tax Rate for Residential/Farmland Property for 2026
14.498
Total Tax Rate for Non-Residential Property for 2026
29.861
Total Tax Rate for Machinery & Equipment for 2026
25.736
2. That the minimum amount payble per parcel as property tax for general municpal purposes shall be $200.
3. That this bylaw shall take effect on the date of the third and final reading.
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READ a third time on
Signed this day
Mayor Jerry Wipf
Nichole Grocock
Chief Elected Official
Chief Administrative Officer
Village of Veteran
2026 Property Tax ByLaw No. 567-26
April 21, 2026
April 21, 2026
April 21, 2026
April 21, 2026
___________________________________________________________________________________________
Village of Veteran
Property Tax Bylaw #567-26