Coalhurst mill rates passed

Posted on June 15, 2023 by Sunny South News

By Nikki Jamieson
Sunny South News

Coalhurst council has set their mill rates for 2023.

During their regular June 6 meeting, Coalhurst town council passed their Mill Rate Bylaw for 2023.

Bylaw 444-23 – or the 2023 Mill Rate bylaw – allows the town to set the rates of taxation against assessable properties within Coalhurst’s boundaries for the 2023 tax year.

First reading of the bylaw was passed during council’s May 16 meeting but it could not be finalized as the town has some recently annexed land, and as Lethbridge County had not finalized their mill rates, it could effect the annexed land. Since that time, Lethbridge County council has passed their mill rate bylaw, allowing for Coalhurst to finalize their mill rates.

According to the bylaw, the requisition amounts set by the province,for Coalhurst are as follows:

• Alberta School Foundation Fund (ASFF)

• Residential/Farmland: $708,905

• Non-residential: $53,946

• Green Acres Foundation: $44,337

The mill rates are, as follows:

Tax Levy Assessment

Residential/ Farmland Mill Rate

NonResidential Mill Rate

Machinery & Equipment Mill Rate

• General Municipal

• Residential/Farmland

• Residential/Farmland – 7.4952

• Annexed Residential – 4.7484

• Annexed Farmland – 26.6270

• Non-Residential – 9.6840

• Annexed Non-Residential – 8.7576

• Machinery & Equipment – 9.6840

• ASFF

• Residential/Farmland – 2.3758

• Non-Residential – 3.6559

• Machinery & Equipment – 0.0000

• Green Acres Foundation

• Residential/Farmland – 0.1416

• Non-Residential – 0.1416

• Machinery & Equipment – 0.1416

Council performed second and third and final reading of the bylaw.