Residents of the Village of Morrin should expect to see a small rise in taxes.
The Village passed its budget and its Mill Rate Bylaw. The Village has a budget of $584,801. This is up from last year’s budget of $535,002.
This leaves the total to be raised by municipal taxation of $197,000. This too is up from $190,000 in 2022.
The village saw its assessment increase, with a Residential Assessment of $13,537,860, up from $13,392,430 in 2022. The commercial assessment went up from $530,270 in 2022 to $623,160.
The Village set its mill rate at 13.34 per $1,000 assessment. This is up from 13.18 in 2022.
The total Alberta School Foundation requisition is $37,993.54. This total is down from $39,405. The Drumheller and District Senior Foundation requisition edged up slightly from $8,757.94 to $8.865.
CAO Annette Plachner tells the Mail, depending on the assessment, residents should expect to see a one to two per cent raise in taxes.
The 2023 Property Tax Bylaw was passed at its May 17 council meeting.
