| Table 1 | |||||
| Town of Lacombe | |||||
| 2006 Property Tax Revenue | |||||
| 2005 | 2006 | % | |||
| Assessment | Assessment | Change | |||
| Assessment | |||||
| Residential subject to School Tax | $507,082,050 | $563,371,960 | 11.10% | ||
| Residential not subject to School Tax | $4,721,510 | $4,832,710 | 2.36% | ||
| Commercial | $105,574,230 | $112,120,470 | 6.20% | ||
| Machinery and Equipment | $2,139,420 | $2,160,350 | 0.98% | ||
| $619,517,210 | $682,485,490 | 10.16% | |||
| Annexed Properties | |||||
| Residential subject to School Tax | $13,145,240 | $14,012,650 | 6.60% | ||
| Farmland | $197,120 | $192,420 | -2.38% | ||
| Commercial/Industrial | $2,728,730 | $2,607,530 | -4.44% | ||
| Machinery and Equipment | $0 | $0 | |||
| $16,071,090 | $16,812,600 | 4.61% | |||
| Total Assessment | $635,588,300 | $699,298,090 | 10.02% | ||
| Tax Revenue | |||||
| Municipal | |||||
| Municipal - Residential Mill Rate | 8.917 | 8.840 | -0.86% | $8.84 | |
| Municipal - Non - Residential Mill Rate | 10.255 | 10.608 | 3.45% | ||
| Municipal - Mach & Equip Mill Rate | 10.255 | 10.608 | 3.45% | ||
| Residential Municipal Tax Revenue | $4,563,959 | $5,023,084 | 10.06% | ||
| Non-residential Municipal Tax Revenue | $1,082,665 | $1,189,410 | 9.86% | ||
| Machinery & Equip Mun Tax Revenue | $21,940 | $22,918 | 4.46% | ||
| Municipal Tax Revenue | $5,668,564 | $6,235,412 | 10.00% | ||
| Annexed Properties | |||||
| County Municipal Farmland Tax Rate | 4.450 | 4.540 | 2.02% | ||
| County Municipal Residential Tax Rate | 3.140 | 3.200 | 1.91% | ||
| County Municipal Commercial/Industrial | 4.450 | 4.540 | 2.02% | ||
| County Municipal Machinery and Equipment | 4.450 | 4.540 | 2.02% | ||
| Farmland Revenue | $877 | $874 | -0.41% | ||
| Residential Tax Revenue - Annexed Properties | $41,276 | $44,840 | 8.64% | ||
| Non-Residential Tax Revenue - Annexed Properties | $12,143 | $11,838 | -2.51% | ||
| Machinery & Equip. Tax Revenue - Annexed Properties | $0 | $0 | 0.00% | ||
| Annexed Properties Tax Revenue | $54,296 | $57,552 | 6.00% | ||
| Total Tax Revenue | $5,722,860 | $6,292,964 | 9.96% | ||
| 2005 Property Tax Revenue - continued | |||||
| Street Renewal (exclusive of College Heights Annexation properties) | |||||
| Street Renewal - Residential Mill Rate | 0.250 | 0.250 | 0.00% | ||
| Street Renewal - Non - Residential Mill Rate | 0.250 | 0.250 | 0.00% | ||
| Street Renewal - Mach & Equip Mill Rate | 0.250 | 0.250 | 0.00% | ||
| Residential Street Renewal Tax Revenue | $127,951 | $142,051 | 11.02% | ||
| Non-residential Street Renewal Tax Revenue | $26,394 | $28,030 | 6.20% | ||
| Machinery & Equip Street Renewal Tax Revenue | $535 | $540 | 0.98% | ||
| Street Renewal Tax Revenue | $154,879 | $170,621 | 10.16% | ||
| Lacombe Foundation (exclusive of College Heights Annexation properties) | |||||
| Foundation - Residential Mill Rate | 0.086 | 0.077 | -10.80% | ||
| Foundation - Non - Residential Mill Rate | 0.086 | 0.077 | -10.80% | ||
| Foundation - Mach & Equip Mill Rate | 0.086 | 0.077 | -10.80% | ||
| Residential Foundation Requisition Revenue | $44,170 | $43,743 | -0.97% | ||
| Non - Res Foundation Requisition Revenue | $9,111 | $8,632 | -5.27% | ||
| Machinery & Equip Fndtn Requisition Rev | $185 | $166 | -9.92% | ||
| Total Foundation Requisition | $53,466 | $52,541 | -1.73% | ||
| Education | |||||
| Education - Residential Mill Rate | 4.236 | 3.854 | -9.02% | ||
| Education - Non - Residential Mill Rate | 6.408 | 6.229 | -2.81% | ||
| Education - Machinery and Equipment | 0.000 | 0.000 | 0.00% | ||
| Residential Education Tax Revenue | $2,204,246 | $2,225,715 | 0.97% | ||
| Non-residential Education Tax Revenue | $694,049 | $714,594 | 2.96% | ||
| Machinery and Equipment Tax Revenue | $0 | $0 | |||
| Education Tax Revenue | $2,898,295 | $2,940,309 | 1.45% | ||
| Total Tax Revenue | |||||
| Municipal Revenue | $5,668,564 | $6,235,412 | 10.00% | ||
| Municipal Revenue - Annexed Areas A,B,C | $54,296 | $57,552 | 6.00% | ||
| Street Renewal Revenue | $154,879 | $170,621 | 10.16% | ||
| Lacombe Foundation Requisition | $53,466 | $52,541 | -1.73% | ||
| School Foundation Requisition | $2,898,313 | $2,940,309 | 1.45% | ||
| $8,829,518 | $9,456,435 | 7.10% | |||