City considers 2018 tax rates

Tax Rate Bylaw returns for second and third readings April 30th

Red Deer City council approved first reading to the 2018 Property Tax Bylaw at Monday’s council meeting.

This means the combined tax increase needed to fund the municipal tax requirement and the requisitioned amounts from Alberta Education and Piper Creek Foundation would result in a total tax increase of 1.5 per cent for residential, multi-family and non-residential properties.

“The City is required under legislation to collect education taxes at the tax rates prescribed by the Province. Education tax makes up 28 per cent of an average home property tax bill this year,” said Joanne Parkin, revenue and assessment services manager.

For the 2018 tax year, the City of Red Deer will collect more than $45.4 million in property taxes on behalf of the Government of Alberta to fund education.

In accordance with the approved 2018 Operating Budget, the proposed 2018 Property Tax Bylaw would collect $132.5 million in municipal taxes to fund programs and services.

The proposed tax increase would mean a typical house assessed at $325,000 would increase by $3.94 per month for municipal tax. The education portion would decrease by $0.38 per month and the Piper Creek Foundation portion would increase by $0.16 per month bringing the total tax increase to $3.72 per month under the proposed bylaw. This would equate to an annual tax bill of $3,018 up from $2,973 in 2017 which is an increase of $45 per year.

“Our municipal taxes are essential to providing the services The City delivers, everything from maintaining our roads and parks, to police and emergency services,” said Parkin. “It’s about providing necessary services for our growing city.”

The Tax Rate Bylaw will come back for consideration of second and third readings at the council meeting on April 30th. Taxes are due June 30th.

-Submitted by the City of Red Deer

Just Posted

Niek Theelen continues to build his comedian career

Engaging performer is a popular draw across the region

‘Flipping Amazing’ Pancake Breakfast welcomes 6,000 Central Albertans

Westerner Days is, unofficially, underway after Bower Place held their annual Pancake Breakfast.

RCMP execute search warrant at Syndicate Motorcycle Club Red Deer clubhouse

Four people face charges including kidnapping, forcible confinement and drug charges

Greyhound closure will affect approximately 380,000 passengers in Alberta

Red Deer cerebral palsy relied on the bus for medical appointments

France doubles up Croatia 4-2 to win World Cup

Played in Moscow Russia, latest Fifa World Cup marks the highest scoring final since 1966

Angry giant baby Trump balloon makes him feel ‘unwelcome’ in London

Trump told The Sun newspaper that he felt unwelcome in London because of protests, including a giant balloon that was being flown over Parliament on Friday.

Former NHL goalie Ray Emery drowns in Lake Ontario

Police say the 35-year-old’s death appears to be a ‘case of misadventure’

Pussy Riot claims on-field protest at World Cup final

Russian protest group claimed responsibility after four people ran onto field in police uniforms

Fans party on Montreal streets after French World Cup win

To city is home to nearly 57,000 French nationals

Almost every part of Canada’s largest national park deteriorating: federal study

Drawing on decades of research — the report lists 50 pages of citations

Canadian soccer fans brace for World Cup final between France, Croatia

First ever final for the Croatians, while it’s France’s third, going into match as betting favourite

Belgium finishes 3rd at World Cup, beats England 2-0

France and Croatia will play in the final on Sunday at the Luzhniki Stadium in Moscow

Police arrest Indigenous pipeline protester occupying B.C. park

Led by Kanahus Manuel, the Tiny House Warriors moved into park in Clearwater last week

MONEY MONITOR: Key steps to getting out of credit card debt

B.C. residents carry the third-highest amount of credit card debt in Canada

Most Read