|
BY-LAW NO. 803-11
OF THE
TOWN OF OYEN
IN THE PROVINCE OF ALBERTA
Being a by-law to authorize the rates of taxation
to be levied against assessable property within
the Town of Oyen for the 2011 taxation year.
WHEREAS, the Town of Oyen in the Province of Alberta has prepared and adopted detailed estimates of municipal revenues and expenditures as required, at the Council meeting held on April 14th, 2011 and
WHEREAS, the estimated municipal expenditures and transfers set out in the budget for the Town of Oyen for 2011 total $2,321,987.54; and
WHEREAS, the estimated municipal revenues and transfers from all sources other than taxation is estimated at $1,396,506.00 and the balance of $925,481.54 is to be raised by general municipal taxation; and
WHEREAS, the requisitions are:
|
ALBERTA SCHOOL FOUNDATION FUND (ASFF)
|
|
Residential/Farmland
|
$ 97,846.82
|
|
Non-Residential
|
$ 52,254.89
|
|
CHRIST THE REDEEMER CATHOLIC SEPARATE OPTED OUT
|
|
|
Residential/Farmland
|
$ 27,727.84
|
|
Non-Residential
|
$ 7,153.07
|
|
Palliser Regional Municipal Services
|
$ 8,564.00
|
|
Acadia Foundation
|
$ 34,626.00
|
AND WHEREAS, the Council of the Town of Oyen 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 M26, Revised Statutes of Alberta, 2000; and
WHEREAS, the assessed value of all property in the Town of Oyen as shown on the assessed roll is:
|
ASSESSMENT
|
|
Alberta School Foundation Fund (ASFF)
|
|
Residential/Farmland
|
$ 44,810,755.00
|
|
Non-Residential
|
$ 13,873,040.00
|
|
|
$ 58,683,795.00
|
|
Christ the Redeemer Catholic Separate Declared
|
|
|
Residential/Farmland
|
$ 12,698,455.00
|
|
Non-Residential
|
$ 1,899,060.00
|
|
|
_____________
|
|
$14,597,515.00
|
|
_____________
|
|
|
$ 73,281,310.00
|
|
|
|
Seniors Self Contained
|
$ 1,837,220.00
|
|
|
|
|
NOW THERFORE, under the authority of the Municipal Government Act, the Council of the Town of Oyen in the Province of Alberta, enacts as follows:
1. That the Municipal Administrator 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 Oyen:
|
Declared Separate School Residential & Farmland Properties
|
|
School Supplementary Requisition
|
2.1836 Mills
|
|
Palliser Regional Municipal Services
|
.1169 Mills
|
|
Acadia Foundation
|
.4725 Mills
|
|
Municipal – General
|
11.0819 Mills
|
|
Municipal – Debentures
|
1.2384 Mills
|
|
___________
|
|
TOTAL
|
15.0933 Mills
|
|
Declared Separate School Non-Residential Properties
|
|
Alberta School Foundation Fund
|
3.7666 Mills
|
|
Palliser Regional Municipal Services
|
.1169 Mills
|
|
Acadia Foundation
|
.4725 Mills
|
|
Municipal – General
|
11.0819 Mills
|
|
Municipal – Debentures
|
1.2384 Mills
|
|
__________
|
|
TOTAL
|
16.6763 Mills
|
|
ASFF Declared & Undeclared Residential &Farmland Properties
|
|
Alberta School Foundation Fund
|
2.1836 Mills
|
|
Palliser Regional Municipal Services
|
.1169 Mills
|
|
Acadia Foundation
|
.4725 Mills
|
|
Municipal – General
|
11.0819 Mills
|
|
Municipal – Debentures
|
1.2384 Mills
|
|
__________
|
|
TOTAL
|
15.0933 Mills
|
|
ASFF Declared & Undeclared Non-Residential Properties
|
|
Alberta School Foundation Fund
|
3.7666 Mills
|
|
Palliser Regional Municipal Services
|
.1169 Mills
|
|
Acadia Foundation
|
.4725 Mills
|
|
Municipal – General
|
11.0819 Mills
|
|
Municipal – Debentures
|
1.2384 Mills
|
|
__________
|
|
TOTAL
|
16.6763 Mills
|
2. The minimum amount payable as property tax for general municipal
purposes shall be $925,481.54.
3. That this By-Law shall take effect on the date of the third and final
reading.
READ A FIRST TIME THIS 14th DAY OF APRIL, 2011.
READ A SECOND TIME THIS 14th DAY OF APRIL, 2011.
READ A THIRD TIME AND PASSED THIS 14th DAY OF APRIL, 2011.
Mayor
Municipal Administrator
|
