May 2017 News Archive

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City Council sets 2017 tax rates

May 1, 2017 3:39 PM
(Red Deer, Alberta)

Red Deer City Council set the new property tax rates for 2017 at today’s Council meeting. 

The combined tax increase required to fund the municipal tax requirement as well as the requisitioned amounts from Alberta Education and the Piper Creek Foundation result in total tax increases of 1.1 per cent for each residential, multifamily and non-residential property types. 

“City Council finalizes property tax rates every spring after the Government of Alberta announces the education tax The City is required to collect to support the education system in Alberta.,” said Joanne Parkin, Revenue and Assessment Services Manager. “This year The City will collect $44.8 million in property taxes on behalf of the Government of Alberta. This comprises 29% of the typical residential tax bill.”

The approved $128.3 million municipal property tax requirement will fund the programs and services provided to City of Red Deer residents every day.

The tax increase means a typical house assessed at $325,000 will pay $2.69 per month more in total property tax. This brings the total annual tax bill to $2,914 from $2,882 in 2016, which is an increase of $32 annually.

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

Property tax notices will be mailed on May 19. Taxes are due on June 30. Penalties will be applied to outstanding balances on July 1 (those enrolled in the Tax Installment Plan are exempt). Property tax payments can be made at City Hall, online, at your financial institution, by mail, or through our Tax Instalment Plan.

More information about The City of Red Deer’s property assessment and taxation is available online at www.reddeer.ca/tax.

For more information, please contact:

Joanne Parkin
Revenue and Assessment Services Manager
The City of Red Deer
403-342-8126

Communications & Strategic Planning
The City of Red Deer
403-342-8147

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