There are a variety of capital projects on the books for 2012 we would like to highlight. Spray Park Taylor Drive / Ross Street Realignment Gaetz Avenue Revitalization Phase Two Red Deer Curling Centre Waste Management Facility Cell Construction Riverlands Area Redevelopment2012 Operating BudgetThe City's 2012 operating budget was approved by Council on January 16, 2012. This includes a tax increase of 4.32 per cent on a typical residential home and a total operating budget of 272.6 million.Where does your tax dollar go? Click on the brochures below to see how municipal tax dollars are being budgeted through the 2012 base budget. Budget 2012 - Invest in a decade to prosper a century Budget 2012 Fast Facts Budget 2012 Operating presentation and debate scheduleHow is the property tax rate set?In the spring, City Council will set the property tax rates by passing a Tax Rate Bylaw. Rates are determined by dividing the total property tax amount needed among the total taxable assessed value for city properties. There are separate rates for residential, multi-family, non-residential and farmland.
