File #: BL-19-003    Version: 1 Name:
Type: Bylaw Status: Agenda Ready
File created: 1/9/2019 In control: City Council
On agenda: 5/21/2019 Final action:
Title: 2019 Tax Rate Bylaw Presented by: Greg Dahlen, Senior Manager of Assessment & Taxation Services, Finance & Assessment Department
Attachments: 1. 2019 Tax Rate Bylaw, 2. Report on 2018 Assessment & 2019 Taxes, 3. 2019 Tax Rate Bylaw Presentation
TAMRMS#: B06

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2019 Tax Rate Bylaw
Presented by: Greg Dahlen, Senior Manager of Assessment & Taxation Services, Finance & Assessment Department

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RECOMMENDATION(S)
recommendation

1.That Bylaw 19/2019, being a bylaw to authorize the rates of property taxation for 2019 be read a first time.

2.That Bylaw 19/2019 be read a second time.

3.That unanimous consent be given for consideration of third reading of Bylaw 19/2019.

4.That Bylaw 19/2019 be read a third and final time.

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PURPOSE OF REPORT

The purpose of this report is to:

1. Summarize the changes in the 2018 taxable assessment base.
2. Set the municipal property tax rates resulting from the 2019 approved budget.
a. General Municipal Levy Tax Rates
b. Servus Place Operating Levy Tax Rates
c. Servus Place Capital Debenture Tax Rates
d. Annexation Lands Tax Rates
3. Set the education property tax rates required for the 2019 Provincial Education Requisition.
4. Set the Homeland Housing Foundation tax rates required for the 2019 requisition.
5. Set the “Designated Industrial Property” tax rate required for the 2019 requisition.
6. Summarize the impact that 2019 tax levies and requisitions will have on residential and non-residential properties.
7. Provide tax payment information including deadlines and penalty amounts.

ALIGNMENT TO PRIORITIES IN COUNCIL’S STRATEGIC PLAN

N/A

ALIGNMENT TO LEVELS OF SERVICE DELIVERY

Tax Account Administration - Administration of the annual and supplementary tax levy, preauthorized payment system, school support declarations, property tax collection process, and land title office changes.

ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION

As per Sections 353 - 356 of the Municipal Government Act, Council must pass a property tax bylaw annually.

The property tax bylaw authorizes the Council to impose a tax in respect of property in the municipality to raise revenue to be used toward the payment of the expenditures and transfers set out in the...

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