Your Taxation Notice & Property Assessment includes a General Municipal Levy (tax rate), a School Levy (tax rate) and a Police Funding Levy (tax rate) all of which are multiplied by your property's current assessment value and when combined together make up the total of your property taxes.
Category | Residential | Non-Residential |
General Municipal | 0.007655895 | 0.013876788 |
Alberta School Foundation Fund | 0.002455215 | 0.003170413 |
Alberta School Foundation Fund (Catholic School Division) | 0.002486271 | .003170413 |
Police Funding Model | 0.000511437 | 0.000511437 |
The Education Tax is an amount is collected by the Town and paid directly (as a requisition) to the Province of Alberta for maintenance and development of the school system.
The amount of the school fund requisition paid by each Municipality is based on population and the tax base and is set by the Alberta Provincial Government. The Town has no control over this.
The Police Funding Model is the Town's contribution to RCMP policing within the Province and is set by the Alberta Provincial Government. The Town has no control over this.
All Municipalities must collect and forward these funds.