Tuesday, April 5, 2011  
   Volume 81 - Issue 14 Website:www.passherald.ca   email: passherald@shaw.ca   $1.00   
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Quote of the Week
“If it’s costing us more than it’s worth, we shouldn’t be doing it.”
- Emile Saindon  
- Municipal Councillor   
   
 
Council gave first reading to the 2011 Mill Rate Bylaw at the Governance and Priorities Committee meeting last week, which would allow for a zero per cent mill rate increase for 2011.
This year, the Crowsnest Pass will see a residential mill rate of 5.7, and a non-residential mill rate of 10.3, both of which remain unchanged from 2010.
“This year, we will be maintaining a similar mill rate as we have historically, and operating within the budget,” said Director of Finance and Systems Marion Vanoni.
She said the overall linear assessment is based on market values from June 2010 and infrastructure assessment.
Municipal Tax Assessor Glen Snelgrove said the 2:1 ratio of non-residential to residential mill rate value is relatively low compared to other communities such as Lethbridge and Calgary, which have 4:1 and 5:1 ratios, respectively.
While the residential and non-residential mill rate remains the same, there would be changes to the mill rate for the Crowsnest Pass Senior’s Housing Authority Operating Requisition and the Alberta School Foundation Fund (ASFF) Requisition.
The ASFF requisition would see an increase of $175,209, amounting to a total of $2,542,134, which will be paid to the province in quarterly instalments.
 
The first instalment was paid on March 31st, which Vanoni said was borne by the Municipality on its own.
The senior’s housing authority requisition will see an increase of $18,454 from 2010, amounting to $202,996.
Vanoni said $100,000 will also be going into reserves this year for the senior housing authority capital upgrade of the York Creek Lodge, a requisition which will continue for the next several years.
As a result of these increases, residents will have to pay slightly more for property taxes, Vanoni said.
She said a commercial property worth $1.2 million would be taxed an additional $118, and that residential properties will see an increase of anywhere from $8 to $80, based on property value.
Following approval of the second and third readings of the bylaw, property tax notices will be mailed out from April 21st to 30th, and taxes will be due within 60 days of mailing, no later than June 30th.
Council moved to pass the first reading of the bylaw, resulting in a vote of 4-3, with Councillors Andrew Saje, Emile Saindon, and Brian Gallant opposed.
Second and third readings of the bylaw will take place at the April 5th Council meeting.
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   Volume 81 - Issue 14 Website:www.passherald.ca   email: passherald@shaw.ca   $1.00   
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