
Your property tax is made up of three components; the Municipal mill rate, the Education mill rate and the Seniors mill rate.
The Municipal mill rate is set by Council, and is also made up of three components:
- General municipal mill rate to fund municipal operations and some capital expenditures, and
- BESC levy to fund the grant to the Beaver Emergency Services Commission, and
- Policing mill rate to fund the County’s share of Provincial RCMP costs.
In addition to the Municipal mill rate, separate mill rates are levied for requisitions paid to:
- The Beaver Foundation (seniors’ housing), and
- Alberta Education, and
- where applicable, the designated industrial property requisition.
Why does my tax bill include payments to the Alberta School Foundation Fund and Beaver Foundation? The County is required by the Municipal Government Act to levy taxes to pay requisitions to the Alberta School Foundation Fund and the Beaver Foundation. Council has no control over the amount requested, but must collect school and seniors’ housing taxes from eligible property owners, and pass the collected funds on to these parties.
The Mill Rate Bylaw sets property tax rates for property owners. Property taxes are determined by multiplying individual property assessment values by the tax rates.
Individual assessments and taxes usually change each year due to the requirements of the annual budget and year-to-year changes to property values.
For more information about taxation in Beaver County, contact Rhonda Knudslien, Tax Clerk at 780-663-3730 or rhonda@beaver.ab.ca