 Mill Rate Bylaw 777, 2009
The 2009 year total property assessment value increased 6.37% ($59 million) compared to the 2008 year. The increase is as a result of a $7 million Linear Property, approximately $16 million New Growth, $0 million Machinery & Equipment and $36 million Market Value Adjustments.
The particulars of the mill rate calculation and prior year’s comparisons are provided in the schedule below.
Municipal Budget & Mill Rate Comparisons
|
Description
|
Total Expenses
|
Total Assessment
|
Residential Mill Rate
|
Non-residential Commercial Mill Rate
|
M&E Mill Rate
|
|
General Municipality
|
|
|
5.579981
|
9.997225
|
9.997225
|
|
Alberta School Foundation Fund
|
|
|
1.9985899
|
3.8750548
|
0
|
|
Senior Lodge
|
|
|
0.168537
|
0.168537
|
0.168537
|
| 2009 Totals |
$20,512,896 |
$998,927,440 |
5.579981 |
9.997225 |
9.997225 |
| 2008 Totals |
$17,399,224 |
$939,483,630 |
7.862347 |
14.608550 |
10.159972 |
| 2007 Totals |
$11,446,164 |
$646,515,100 |
11.10944 |
15.41577 |
10.271914 |
| 2006 Totals |
$11,430,817 |
$473,221,450 |
14.55804 |
19.05934 |
12.525711 |
|
Changes: 2008- 2009
|
17.9%
|
6.3%
|
-29.0% |
-31.6%
|
-1.6%
|
View the Mill Rate Archive
|
