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MVC mill rates remain unchanged in 2022

Assessments increase $241 million in 2022
mountain-view-county-news

MOUNTAIN VIEW COUNTY - County council has approved the 2022 tax rate bylaw, which calls for municipal mill rates to remain unchanged from the 2021 rates.

The total assessment for all assessment classes increased by $241 million, including $160 million for residential. A tax bill can be calculated by dividing the assessment by 1,000 and then multiplying the result by the mill rate.

“The opportunity through the increase in assessment made sure that we didn’t have to increase the mill rates,” said reeve Angela Aalbers. “We’ve seen a zero per cent municipal mill rate increase.

“It looks like the municipal mill rates have changed but if you add the municipal mill rate to the policing mill rate you will find that the mill rates are the same (as in 2021), the total is the same as last year.”

The 2022 budget calls for the total amount to be raised by general municipal taxation of $31,115,905, including $712,500 to cover the cost of policing from the province, and total taxation of $45,806,091.

The 2022 residential mill rate is 2.8004, for a total tax levy of $7,153,165.

The farmland mill rate is 8.1704 for a total tax levy of $1,292,257.

The non-residential linear, the non-residential CoGen, and machine and equipment rates are all 10.3496.

The municipal (provincial policing) rate is 0.1474 for all categories.

“That provincial portion of the policing has been funded with respect to the increase in the assessment rates,” she said. “If you add the provincial policing and the municipal mill rate, you will find that the overall mill rate is consistent.

“The good thing is that we were able to fund the $190,000 increase for policing costs through the increase in assessments that didn’t require a municipal mill rate increase.”

The Alberta School Foundation Fund residential and farmland rate is 2.5240, and the non-residential rate is 3.8430.

The Mountain View Seniors' Housing rate is 0.3521, and the designated industrial property rate is 0.0766.

The assessment of all property in Mountain View County in 2022 is $4,834,372,850, including $158,162,930 on farmland and $2,554,321,030 on residential, and $234,312,070 on non-residential.

The 2022 budget and the tax rate bylaw are available for viewing on the county’s website.

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