Council gives first reading to tax bylaw

  • Apr. 30, 2014 4:01 p.m.

Red Deer City council gave first reading to the Property Tax Rate Bylaw for 2014 at this week’s council meeting.

If approved, 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 2.01% for residential property, 1.73% for multi-family property, and 2.43% for non-residential property.

For the 2014 tax year, the City of Red Deer will collect more than $39.7 million in property taxes on behalf of the Government of Alberta for education funding.

“The City is required under legislation to collect education taxes at the tax rates mandated by the Province to fund education and that impacts the total tax increases this year,” said Joanne Parkin, revenue and assessment services manager.

In January, council approved $112.9 million in municipal tax funding for programs and services. “Administration’s proposed municipal tax increase is 3.87 per cent for residential, multi-family, and non-residential property, but when you add the education requirement, it results in different tax increases for each property type,” said Parkin.

A residential home assessed at $300,000 for 2014 that has experienced the average change in assessed value would pay $5.58 per month more in municipal tax. The education portion would decrease by $1.20 and the Piper Creek Foundation portion would decrease by $0.26 per month. The total tax increase would be $4.12 per month under the proposed bylaw so while the municipal requirement is up the requirements for education and Piper Creek have gone down resulting in a lesser impact to property owners.

“Our municipal taxes are used for services ranging from maintaining our roads and parks to providing police and emergency services,” said Parkin. “It’s about collecting enough to provide services for Red Deer residents.”

Mayor Tara Veer said she thinks administration reached a fair balance with the tax impact this year.

“I think that what we found is a fair balance today and overall I think we are at a lower anticipated tax impact than we would have maybe been in January,” she said. “I really want to emphasize the importance in not only maintaining our competitive business position but increasing our competitive position as well.”

After receiving first reading, the Tax Rate Bylaw will come back for consideration of second and third readings at the May 6th special council meeting.

efawcett@reddeerexpress.com

Just Posted

Blackfalds RCMP respond to serious collision

Car collides with moose, driver suffers life threatening injuries

RCMP offer crime prevention tips for the holiday season

Red Deer RCMP give tips so holidays aren’t marred by theft or damage

Dan Davidson up for five ACMA Awards

Davidson will head to Red Deer with Brett Kissel in the New Year

Sagmoen neighbours recall alleged hammer attack

Woman was screaming outside Maple Ridge townhouse in 2013

RCMP lay 34 charges in stolen vehicle operation

Red Deer RCMP arrest 13 people in four-day covert stolen vehicle operation last week

Troubled Monk releases new spirit

Troubled Spirit vodka was introduced in early December

Firefighter dies, thousands more take on California blaze

This is second death linked to the Thomas fire, northwest of Los Angeles

FCC votes along party lines to end ‘net neutrality’

Move rolls back restrictions that keep big providers from blocking services they don’t like

Truck driver volunteers to take dog lost in B.C. back home to Alberta

Frankie, a pit bull service dog, was found wandering in the Lower Mainland

Disney buying part of 21st Century Fox in $52.4B deal

Disney is buying a large part of the Murdoch family’s 21st Century Fox for about $52.4 billion

Bountiful polygamist believed he couldn’t be prosecuted: lawyer

Winston Blackmore’s lawyer says Blackmore did not believe he could be prosecuted

Woman charged after altercation injured baby in Toronto

Charges have been laid after a four-month-old baby girl was critically injured in Toronto

Ottawa Senators forward Chris Neil announces retirement

Veteran Ottawa Senators forward Chris Neil spent 15 seasons with the NHL team

Trudeau’s office confirms staffer being probed over allegations

PMO confirms staffer being probed over allegations of reported “inappropriate behaviour.”

Most Read