2026 Property Tax Bylaw - Bylaw 777

Wembley, Alberta

This is the exact embedded text of the captured official document. Snapshot 407d7466b589 · verified 2026-06-08 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

Bylaw 777 2026 Property Tax Bylaw Page 1 of 4 TOWN OF WEMBLEY BYLAW NO. 777 2026 PROPERTY TAX BYLAW A BYLAW TO AUTHORIZE THE RATES OF TAXATION TO BE LEVIED AGAINST ASSESSABLE PROPERTY WITHIN THE TOWN OF WEMBLEY FOR THE 2026 TAXATION YEAR. WHEREAS, the Town of Wembley has prepared and adopted detailed estimates of the municipal revenues and expenditures as required, at the council meeting held on May 11th, 2026; and WHEREAS, the estimated municipal revenues and transfers from all sources other than taxation is estimated at $2,804,743; and WHEREAS, the estimated municipal expenditures and transfers set out in the annual budget (operating and capital expenses) for the Town of Wembley for 2026 total $5,317,062; and The balance of $2,512,319 is to be raised by general municipal property taxation; and WHEREAS, the estimated amount required for transfers to capital reserves to be raised by municipal taxation is $0; and THEREFORE, the total amount to be raised by general municipal taxation is $2,512,319; and WHEREAS, the requisitions are: 2026 Education Property Tax Requisition: Alberta School Foundation Fund (ASFF) - Residential & Farmland $407,147.96 - Non-Residential $185,107.65 Grande Prairie Roman Catholic Separate School District No.28 - Residential & Farmland $35,306.49 - Non-Residential $0.00 Total 2026 Education Property Tax Requisition: $627,562.10 Bylaw 777 2026 Property Tax Bylaw Page 2 of 4 2025 Under Levy Residential & Farmland: $3,062.33 2025 Under Levy Non-Residential: $11,314.78 2025 Total Property Taxes for Education Under Levy: $14,377.11 Total 2026 Property Taxes for Education: $641,939.21 Senior Foundation Requisition: 2026 Grande Spirit Foundation: $21,668.00 2025 Under Levy: $50.34 Grande Spirit Foundation Requisition Total: $21,718.34 2026 Designated Industrial Property (DIP) Requisition: $313.22 Note: Under Levy From Assessment Revisions in the 2025 Tax Year and, WHEREAS, the Council of the Town of Wembley 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 Wembley as shown on the assessment roll is: Assessment Residential & Farmland $161,934,870 Non-Residential, Machinery & Equipment, and Designated Industrial (Linear & Industrial) Property $46,566,530 Total Taxable Assessment: $208,501,400 NOW THEREFORE, under the authority of the Municipal Government Act, the Council of the Town of Wembley, in the Province of Alberta, enacts as follows: Bylaw 777 2026 Property Tax Bylaw Page 3 of 4 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 Wembley: Tax Levy Assessment Tax Rate (Nearest 9th decimal) General Municipal Residential & Farmland $1,642,619 $161,934,870 0.010143700 Non-Residential, Machinery & Equipment, and Designated Industrial (Linear & Industrial) Property $869,700 $46,566,530 0.018676501 Total: $2,512,319 $208,501,400 Education Property Tax Alberta School Foundation Fund (ASFF) Residential & Farmland $411,151 $149,476,853 0.002750600 Non-Residential $196,423 $43,415,120 0.004524300 Total: $607,574 $192,891,973 Grande Prairie Roman Catholic Separate School District Residential & Farmland $34,365 $12,493,588 0.002750600 Non-Residential $0.00 $0 0.004524300 Total: $34,365 $ 12,493,588 Grande Spirit Foundation (Seniors Foundation) $21,718.34 $208,501,400 0.000104164 Designated Industrial Property (DIP) $313.22 $4,302,540 0.000072800 Bylaw 777 2026 Property Tax Bylaw Page 4 of 4 2. That the minimum amount payable per parcel as property tax for general municipal purposes shall be $100.00. 3. This bylaw comes into force at the beginning of the day that it is passed unless otherwise provided for in the MGA or another enactment or in the bylaw. This bylaw is passed when it receives third reading, and it is signed in accordance with S.213 of the MGA. Read a first time on this 11th day of May 2026. Read a Second time on this 11th day of May 2026. Read a third and final time on this 11th day of May 2026. Signed and passed this 11th day of May 2026. ___(Signed)_______________________________ Kelly Peterson Mayor _______(Signed)______________________________ Danielle Line Acting Chief Administrative Officer