. Agri-news. Agriculture. 3. May 23, 1977 FOR IMMEDIATE RELEASE GRAZING LEASES Alberta Agriculture has received a number of enquiries in the past few weeks regard- ing annual grazing lease fees, the basis of assignment fees and the tax implications of grazing rights. On public lands grazing leases are normally administered by Alberta Energy and Natural Resources, but leases in the designated special areas of the province are administered by Alberta Municipal Affairs. Both departments determine their annual lease fee on the basis of the forage value and grazing capacity of the land. Harry Warne
. Agri-news. Agriculture. 3. May 23, 1977 FOR IMMEDIATE RELEASE GRAZING LEASES Alberta Agriculture has received a number of enquiries in the past few weeks regard- ing annual grazing lease fees, the basis of assignment fees and the tax implications of grazing rights. On public lands grazing leases are normally administered by Alberta Energy and Natural Resources, but leases in the designated special areas of the province are administered by Alberta Municipal Affairs. Both departments determine their annual lease fee on the basis of the forage value and grazing capacity of the land. Harry Warne of Alberta Agriculture's farm management branch explains that the forage value of grazing land is based on the weighted average price of beef cattle from July to December of the preceding year, excluding A1 and A2 slaughter steers and heifers; the carrying capacity of the land and the average gain of cattle on grass. A percentage of the forage value is then used to determine a rental royalty which is used in the formula for arriving at the grazing fee. This year the percentage of the forage value is cent in the area of the province lying south of a line extending east and west of Drumheller, excluding the special areas (A on grazing zone map); per cent for the special areas and the area between the North Saskatchewan River and the line through Drumheller (B) and 3 per cent in the area north of the North Saskatchewan River (C). Following is the formula used to determine annual grazing fees:. Average Selling Price ( in 1977) X Average Gain of Cattle (250 lbs. Royalty X For Area = Annual Grazing Fee Carrying Capacity (Acres per Head per year) " (cont'd) - A. Please note that these images are extracted from scanned page images that may have been digitally enhanced for readability - coloration and appearance of these illustrations may not perfectly resemble the original Alberta. Alberta Agriculture. Communications Branch; Alberta. Alberta Agriculture. P
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Keywords: ., bookcentury1900, bookleafnumber97, booksubjectagriculture, mayaug
