What is the education property tax requisition in Alberta, and who determines its amount?
Correct Answer
B) A provincial tax requisition set by the Alberta government that municipalities collect on the province's behalf to fund public education
The education property tax requisition is determined by the provincial government and collected by municipalities as part of the property tax bill. The revenue goes to the province to fund public education across Alberta. While municipalities set their own municipal mill rates, they have no control over the education requisition amount.
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