MINISTERIAL ORDER NO.   MSL:053/19

 

 

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. 9 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 Residential

0.90000

$122,699,110

General Municipal Non-Residential

2.85000

$960,175,890

Designated Industrial Property

0.07860

$37,262,040

Bow Valley Seniors Foundation

0.10587

$1,082,875,000

Alberta School Foundation Fund (Residential and Farm Land)

 

2.20740

 

$122,140,010

Alberta School Foundation Fund (Non-residential)

 

3.02226

 

$765,542,770

 

To meet the budgeted requirements of Improvement District No. 9 as follows:

 

General Municipal Residential

$110,429

General Municipal Non-Residential

$2,736,501

Designated Industrial Property

$2,929

Bow Valley Seniors Foundation

$114,639

School:  Residential and Farm Land

$269,612

School:  Non-residential

$2,313,672

Total:

$5,547,782

 

Based on the total taxable assessment of land, buildings and improvements amounting to $1,082,875,000.

 

Dated at Edmonton, Alberta, this 3rd day of July, 2019.

 

 

                                                                                                                                        

                                                                     Kelechi Madu

                                                                     Minister of Municipal Affairs