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## Summer Village of Waiparous Bylaw 162-25
Being a Bylaw of the Summer Village of Waiparous to authorize the rates of taxation to be levied against assessable property within the Summer Village of Waiparous for the 2025 taxation year.
WHEREAS the Summer Village of Waiparous has prepared and adopted detailed estimates of the municipal revenues and expenditures as required, at the Council meeting held on November 18, 2024; and
WHEREAS the estimated municipal expenditures and transfers set out in the annual budget for the Summer Village of Waiparous for 2025 total $175,899; and
WHEREAS the estimated municipal revenues and transfers from all sources other than taxation is estimated at $52,227 and the balance of $123,672 is to be raised by general municipal taxation; and
WHEREAS the required requisitions are:
Alberta School Foundation Fund (ASFF)
Residential & Farmland
Non-Residential
Calgary RCSSD
Residential & Farmland
Designated Industrial Property
$119,337
$204
$6,168
$3.82
WHEREAS the Council of the Summer Village of Waiparous 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 assessed value of all taxable properties in the Summer Village of Waiparous as shown on the assessment roll is:
Residential & Farmland
Non-Residential
Total
$47,104,830
$54,450
$47,159,280
NOW THEREFORE under the authority of the Municipal Government Act, the Council of the Summer Village of Waiparous, in the Province of Alberta hereby 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 Summer Village of Waiparous
| | Tax Levy | Assessment | Tax Rate |
|------------------------------------|------------|--------------|------------|
| General Municipal | $123,672 | $47,104,830 | 0.0026255 |
| Designated Industrial | $3.82 | $54,450 | 0.0000701 |
| Education Property Tax Requisition | | | |
| ASFF | | | |
| Residential | $119,337 | $44,796,171 | 0.002664 |
| Non-residential | $204 | $54,450 | 0.0037466 |
| Calgary RCSSD* | | | |
| Residential | $6,150 | $2,308,659 | 0.002664 |
Total Residential Tax Rate Total Non-residential Tax Rate
2. That this Bylaw shall come into force upon final reading thereof.
READ a first, second and third time this 12th day of May 2025.
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Mayor
Hi.
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1)
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Chief Administrative Officer
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