MINISTERIAL ORDER NO.   MSL:040/19

 

 

I, Kelechi Madu, Minister of Municipal Affairs, pursuant to Sections 242, 245, 353 and 587 of the Municipal Government Act, make the following order:

 

1.    That the detailed and all-inclusive estimate of the expenditures for the 2019 calendar year for Improvement District No. 349 be adopted.

 

2.    That the following rates of taxation on the assessed value of property as shown on the assessment roll be levied:

 

Tax Rate

(expressed in mills)

Taxable Assessment

General Municipal

11.10795

$2,485,697,760

Alberta School Foundation Fund (ASFF)

3.70927

$1,115,745,770

Designated Industrial Property

0.07859

$2,347,144,580

Greater North Housing Foundation

0.23850

$2,485,697,760

2018 Greater North Housing Foundation Under-levy

0.03046

$2,485,697,760

 

To meet the budgeted requirements of Improvement District No. 349 as follows:

General Municipal

$27,611,006

Alberta School Foundation Fund

$  4,138,602

Designated Industrial Property

$     184,486

Greater North Housing Foundation

$     592,836

Greater North Housing Foundation Under-levy

$       75,712

Total

$32,602,642

 

Based on the total taxable assessment of land, buildings and improvements amounting to $2,485,697,760.

 

 

Dated at Edmonton, Alberta, this 20th day of June, 2019.

 

 

 

 

                                                                                                                                        

                                                                     Kelechi Madu

                                                                     Minister of Municipal Affairs