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By Heather Cameron
Taber Times
Local Journalism Initiative Reporter
During the Town of Taber Council Meeting held on May 13, Administration brought a Request for Decision to Council regarding Supplementary Assessment Bylaw 13-2024. The request from Administration explains that Section 313 of The Municipal Government Act requires Council to annually consider a Supplementary Assessment Bylaw authorizing the Town’s Assessor to assess improvements that have not been previously assessed or increased value of an improvement since it was last assessed, and such assessments must be pro-rated by the number of months during which the improvement is complete; occupied; located in the Town of Taber; or in operation. The property tax rates were as follows on the Administration’s Request For Decision.
Residential and Farmland
Tax Levy: $6,945,710
Assessment: 868,029,310
Tax Rate: 8.0017
Non-Residential
Tax Levy: $4,468,790
Assessment: 358,633,630
Tax Rate: 12.4606
Annexed Residential
Tax Levy: $7,865
Assessment: 2,040,010
Tax Rate: 3.8555
Annexed Farmland
Tax Levy: $3
Assessment: 270
Tax Rate: 11.6574
Annexed Non-Residential
Tax Levy: $78,325
Assessment: 8,178,290
Tax Rate: 9.5772
Annexed Small Business
Tax Levy: 0
Assessment: 0
Tax Rate: 7.1829
Total Municipal Taxes: $11,500,693
Payment (Annexed Land-MD): $55,374
Net Municipal Taxes: $11,445,319
Requisitions
ASFF & Holy Spirit RCSRD # 4
Residential and Farmland
Tax Levy: #2,177,625
Assessment: 868,029,310
Tax Rate: 2.5087
Non-Residential
Tax Levy: $995,517
Assessment: 283,421,250
Tax Rate: 3.5125
Annexed Res. and Farmland
Tax Rate: $4,415
Assessment: 2,040,280
Tax Rate: 2.1641
Annexed Non-Res.
Tax Levy: $18,784
Assessment: 5,486,070
Tax Rate: 3.4240
Total Tax Levies: $3,196,341
Seniors Foundation
Res. And Non-Res
Tax Levy: $158,938
Assessment: 1,223,544,940
Tax Rate: 0.1299
Annexed Land
Tax Levy: $1,265
Assessment: 10,218,570
Tax Rate: 0.1238
DIP Requisition
Non-Res
Tax Levy: $1,490
Assessment: 19,471,210
Tax Rate: 0.0765
Annexed Land
Tax Rate: $547
Assessment: 7,151,490
Tax Rate: 0.0765
Mayor Prokop made a motion that Council gives first reading to Bylaw 13-2024, that being the supplementary assessment bylaw for the Town of Taber as presented and the motion was carried. Councillor Brewin then made a motion that Council gives second reading to Bylaw 13-2024, that being the supplementary assessment bylaw for the Town of Taber as presented and the motion was carried. Finally, Councillor McLean made a motion that Council proceed with third and final reading to Bylaw 13-2024, the Supplementary Assessment Bylaw of the Town of Taber as presented. A motion was then made to give third reading to Bylaw 13-2024, the Supplementary Assessment Bylaw of the Town of Taber as presented and the motion was carried.
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