Mill Rate Bylaw 721-2026

Viking, Alberta

This is the exact embedded text of the captured official document. Snapshot dbe33019cb80 · verified 2026-06-08 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

TOWN OF VIKING BYLAW No. 721 - 2026 By-Law No. 721 -2026 A By-law of the Town of Viking, in the Province of Alberta, to authorize the rates of taxation to be levied against assessable property within the Town of Viking for the 2026 Taxation Year. WHEREAS The Town of Viking has prepared and adopted detailed estimates of the municipal revenues and expenditures as required, at the Council meeting held on April 27, 2026, and WHEREAS The estimated municipal operating expenditures and transfers set out in the budget for the Town of Viking for 2026 total $6,027,633.00 (Six Million Twenty-Seven Thousand Six Hundred Thirty-Three Dollars); and WHEREAS The estimated municipal capital expenditures and transfers set out in the budget for the Town of Viking for 2026 total $1,323,885.00 (One Million Three Hundred Twenty-Three Thousand Eight Hundred Eighty-Five Dollars); and WHEREAS The estimated municipal operating revenues and transfers from all sources other than taxation is estimated at $4,215,231.00 (Four Million Two Hundred Fifteen Thousand Two Hundred Thirty-One Dollars); and the estimated capital revenue and transfers from all sources other than taxation is $1,075,250.00 (One Million Seventy-Five Thousand Two Hundred Fifty Dollars) and the balance of $1,812,402.00 (One Million Eight Hundred Twelve Thousand Four Hundred Two Dollars); is to be raised by general municipal taxation; and WHEREAS The Alberta School Foundation Fund (ASFF) requisition is $303,407 (Three Hundred and Three Thousand Four Hundred and Seven Dollars). Residential/Farmland $207,190.00 Non-residential $96,217.00 Total ASFF $303,407.00 WHEREAS The Designated Industrial Property Requisition is: $190.00 WHEREAS The Special Tax for Recreation is set at: $29,424.00 WHEREAS The Beaver Foundation Senior's Housing Requisition is; $67,704.96 WHEREAS The Police Funding Model Requisition is: $73,048.00 TOTAL $471,012.89 WHEREAS The Council of the Town of Viking is required each year to levy on the assessed value of all property, tax rates sufficient to meet the estimated expenditures, transfers, 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; and WHEREAS The assessed value of all property in the Town of Viking as shown on the assessment roll is: Assessments: Farmland $14,730 Residential $75,257,160 Residential - G3 Municipal Only $885,680 Non-Residential $19,831,510 Linear $2,705,230 Machinery & Equipment $765,890 Exempt $45,978,250 Total Assessment $145,438,450 TOWN OF VIKING BYLAW No. 721 - 2026 NOW THEREFORE Under the authority of the Municipal Government Act, the Council of the Town of Viking, 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 Municipality of the Town of Viking: Tax Levy Assessment Tax Rate General Municipal Residential/Farmland $371,597.28 $75,257,160 .00493770 Residential (Municipal Only) $4,373.22 $885,680 .00493770 Non-residential $260,077.22 $19,831,510 .01311434 Linear $35,477.31 $2,705,230 .01311434 Machinery & Equipment $10,044.14 $765,890 .01311434 TOTAL Municipal $681,569.18 $99,445,470 Recreation Residential/Farmland $354,212.12 $75,257,160 .00470669 Residential (Municipal Only) $4,168.62 $885,680 .00470669 Non-residential $93,340.77 $19,831,510 .00470669 Linear $12,732.68 $2,705,230 .00470669 Machinery & Equipment $3,604.81 $765,890 .00470669 TOTAL Recreation $468,059.00 $99,445,470 Police Funding Model Residential/Farmland $55,290.15 $75,257,160 .00073455 Residential (Municipal Only) $650.58 $885,680 .00073455 Non-residential $14,567.24 $19,831,510 .00073455 Linear $1,987.13 $2,705,230 .00073455 Machinery & Equipment $562.58 $765,890 .00073455 TOTAL Police Funding Model $73,047.67 $99,445,470 Beaver Emergency Services Commission Residential/Farmland $141,229.84 $75,257,160 .00187663 Residential (Municipal Only) $1,662.09 $885,860 .00187663 Non-Residential $37,216.41 $19,831,510 .00187663 Linear $5,076.72 $2,705,230 .00187663 Machinery & Equipment $1,437.29 $765,890 .00187663 Total BESC $186,622.35 $99,445,470 Alberta School Foundation (Undeclared) Residential/Farmland $207,189.64 $75,271,890 .00275255 Non-residential $84,667.46 $19,831,510 .00426934 Linear $11,549.55 $2,705,230 .00426934 TOTAL Alberta School Foundation $303,406.65 $97,808,630 Beaver Foundation Senior's Housing Residential/Farmland $51,707.57 $75,271,890 .00068694 Non-residential $13,623.06 $19,831,510 .00068694 Linear $1,858.33 $2,705,230 .00068694 TOTAL Beaver Housing Foundation $67,704.54 $98,559,610 Designated Industrial Property Linear $189.64 $2,705,230 .00007010 TOWN OF VIKING BYLAW No. 721 - 2026 2. In accordance with Section 357 of the Municipal Government Act, The Town of Viking has resolved to establish a minimum tax which is to be applied on; a. All residential property with an assessed value under $90.000 at a rate of $1,000 per property, except where property is joined to another primary vacant property with no local improvements and owned by the same owner. b. All non-residential property with an assessed value under $90,000 at a rate of $1,000 per property, except where property is joined to another primary vacant property with no local improvements and owned by the same owner. 3. Properties designated as Derelict Properties in accordance with Bylaw 2025-730 shall have the corresponding tax subclass multiplier applied as required under the bylaw. 4. That this by-law shall take effect on the date of the third and final reading. RECEIVED FIRST ____________________________ READING THIS 27th DAY OF APRIL, (MAYOR) 2026 A.D., IN THE TOWN OF VIKING IN THE PROVINCE OF ALBERTA ___________________________ (CAO) RECEIVED SECOND ____________________________ READING THIS 27th DAY OF APRIL, (MAYOR) 2026 A.D., IN THE TOWN OF VIKING IN THE PROVINCE OF ALBERTA ____________________________ (CAO) RECEIVED THIRD AND FINAL ____________________________ READING THIS 27th DAY OF (MAYOR) APRIL, 2026, A.D. IN THE TOWN OF VIKING IN THE ____________________________ PROVINCE OF ALBERTA (CAO)