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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.
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