Property Tax Bylaw No. 8 of 2026

Prince Albert, Saskatchewan

This is the exact embedded text of the captured official document. Snapshot c715293131bc · verified 2026-08-23 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

CITY OF PRINCE ALBERT BYLAW NO. 8 OF 2026 A Bylaw of The City of Prince Albert to raise the amount of taxes for General Municipal, Library, and Capital Projects for 2026. WHEREAS pursuant to Section 253 of The Cities Act a Council shall pass a Property Tax Bylaw annually; AND WHEREAS Section 254(1) of The Cities Act authorizes the Council to establish classes and subclasses of property for the purposes of establishing tax rates; AND WHEREAS Section 255(1) of The Cities Act authorizes the Council, by Bylaw, to set mill rate factors; AND WHEREAS the Property Tax Bylaw authorizes the Council to impose a tax on all taxable assessments in the City; a) at a uniform rate considered sufFlcient to raise the amount of taxes required to meet the estimated expenditures and transfers, having regard to estimated revenues from other sources, set out in the budget of the City; and b) at any other rates required by The Cities Act or any other Act; AND WHEREAS pursuant to Sections 258 and 259 of The Cities Act a Council may establish minimum and base tax amounts; NOW THEREFORE THE COUNCIL OF THE CITY OF PRINCE ALBERT IN OPEN MEETING ASSEMBLED ENACTS AS FOLLOWS: BYLAW NO. 8 OF 2026 PAGE 1 Mill Rate Factors 1. That the municipal mill rate factors, utilized with respect to the land, improvements or both, shall be as follows: Property Classification Sub-Classes of Property Mill Rate Factor Non-Arable (Range) 0.830 Other Agricultural 0.830 Residential Residential 0.832 Country Residential 0.832 Country Residential - Developed 0.832 Condominium 0.762 Seasonal Residential 0.832 Multi-Unit Residential 0.762 Commercial and Industrial $850,000 or less taxable value 1.325 $850,001 - $4,200,000 taxable value 1.325 $4,200,001 - $8,000,000 taxable value 1.572 $8,000,001 - $20,000,000 taxable value 1.583 Over $20,000,000 taxable value 1.583 Vacant Commercial Land 2.15 Care Home and Group Home 0.832 Hotel & Motel 1.148 Elevators 3.12 Railway Rights of Way and Pipeline 3.12 BYLAW NO. 8 OF 2026 PAGE 2 Mill and Tax Rates 2. There shall be levied, raised and collected as taxes in respect of the purposes aforesaid upon the taxable assessment, insofar as the assessment of lands and Improvements are subject thereto, the rates as follows: a) General Municipal Levy 14.226 Mills b) Library Levy 0.819 Mills c) Civic Facilities Levy 0.495 Mills d) Minimum Tax applied to calculation of General Municipal Levy: a. Residential $975 b. Condominiums $975 c. Agricultural $975 d. Multi-Family $975 e. Vacant Residential Land $1,600 Base Tax Rates 3. Base Tax: a. Residential $400 b. Agricultural $400 c. Condominium $400 d. Care Home and Group Home $400 e. Multi-Family per Apartment $149 f. Commercial, Railway and Vacant Multi-Family ($150,000 or less taxable value) $698 ($150,001 to $300,000 taxable value) $856 ($300,001 to $450,000 taxable value) $1,013 Iv. ($450,001 to $600,000 taxable value) $1,171 v. ($600,001 to $750,000 taxable value) $1,328 vl. ($750,001 to $900,000 taxable value) $1,486 vii. ($900,001 to $1,050,000 taxable value) $1,643 viii. ($1,050,001 to $1,200,000 taxable value) $1,801 Ix. ($1,200,001 to $1,350,000 taxable value) $1,958 X. ($1,350,001 to $1,500,000 taxable value) $2,116 xi. ($1.500,001 to $2,000,000 taxable value) $2,641 xli. ($2,000,001 to $2,500,000 taxable value) $3,166 xiil. ($2,500,001 to $3,000,000 taxable value) $3,691 xiv. ($3,000,001 to $3,500,000 taxable value) $4,216 XV. ($3,500,001 to $4,000,000 taxable value) $4,741 xvi. ($4,000,001 to $5,000,000 taxable value) $5,791 xvii. (over $5,000,000 taxable value) $6,841 BYLAW NO. 8 OF 2026 PAGE 3 g. Hotel & Motel ($150,000 or less taxable value) $3,698 ($150,001 to $300,000 taxable value) $3,856 iil. ($300,001 to $450,000 taxable value) $4,013 Iv. ($450,001 to $600,000 taxable value) $4,171 V. ($600,001 to $750,000 taxable value) $4,328 vi. ($750,001 to $900,000 taxable value) $4,486 vli. ($900,001 to $1,050,000 taxable value) $9,643 vlli. ($1,050,001 to $1,200,000 taxable value) $9,801 ix. ($1,200,001 to $1,350,000 taxable value) $9,958 X. ($1,350,001 to $1,500,000 taxable value) $14,116 xi. ($1,500,001 to $2,000,000 taxable value) $14,641 xii. ($2,000,001 to $2,500,000 taxable value) $15,166 xiii. ($2,500,001 to $3,000,000 taxable value) $22,191 xiv. ($3,000,001 to $3,500,000 taxable value) $22,716 XV. ($3,500,001 to $4,000,000 taxable value) $52,741 xvi. ($4,000,001 to $5,000,000 taxable value) $53,791 xvll. (over $5,000,000 taxable value) $57,841 Calculating Amount of Property Tax These mill rates and mill rate factors will be applied for the purpose of calculating the general municipal taxation using the following format: Assessment Value x Percentage of Value = Taxable Assessment (Taxable Assessment x Mill Rate x Mill Rate Factor) /1,000 = Levy Amount Coming Into Force 1. This Bylaw shall come into force and take effect on, from and after the day of January, 2026. The rates imposed for 2026 are deemed to be Imposed from January 1, 2026. 2. That Bylaw No. 8 of 2025 Is hereby repealed. BYLAW NO. 8 OF 2026 PAGE 4 INTRODUCED AND READ A FIRST TIME THIS DAY OF Apr;\ , AD 2026. READ A SECOND TIME THIS DAY OF \ . AD 2026. READ A THIRD TIME AND PASSED THIS DAY OF , AD 2026. MAYOR CLERK BYLAW NO. 8 OF 2026 PAGES