What is the tax rate? When are taxes due? How is property assessed?
In the Summer Village of Island Lake, Alberta, tax rate: General Municipal Residential 2.070652, Non-Residential 10.348890, Other Non-Residential 3.897620; Alberta School Foundation Fund Residential 2.367090, Non-residential/Other 2.807620; Greater North Seniors Foundation 0.123440; Designated Industrial Property 0.072600 (all in mills). Source: 02-2024 2024 Taxation Bylaw, verified 2026-06-08.
02-2024 2024 Taxation Bylaw
adopted bylaw
tax rate
General Municipal Residential 2.070652, Non-Residential 10.348890, Other Non-Residential 3.897620; Alberta School Foundation Fund Residential 2.367090, Non-residential/Other 2.807620; Greater North Seniors Foundation 0.123440; Designated Industrial Property 0.072600 (all in mills)
authorized and required to levy the following rates of taxation
scout note
Sets the 2024 tax rates and mill rates for the Summer Village of Island Lake.