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OC 168/2012 - Setting of 2012 Mill Rates for School Divisions within Each Property Class (Except Lloydminster School Divisions) (Minister of Municipal Affairs and Minister of Education)
Description:

Title: Setting of 2012 Mill Rates for School Divisions within Each Property Class (Except Lloydminster School Divisions)

Minister: Minister of Municipal Affairs and Minister of Education

Summary: Orders that the rate in mills to be levied with respect to each school division excepting Lloydminster school divisions and each property class for the 2012 taxation year be set as follows:

    Agricultural Property 3.91 mills
    Residential Property 9.51 mills
    Commercial and Industrial Property
    - taxable assessment of less than $500,000 12.25 mills
    - taxable assessment of $500,000 or more
      - on the portion of the taxable assessment less than $500,000
    12.25 mills
      - on the portion of the taxable assessment equal to or greater than $500,000 and less than $6,000,000
    14.75 mills
      - on the portion of the taxable assessment that is $6,000,000 or more
    18.55 mills
See: The Education Act, 1995/Loi de 1995 sur l’éducation, section 288
The Education Regulations, 1986, sections 76.1 and 76.2





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