Red Deer County councillors passed final reading of a bylaw setting property tax rates, Apr. 23.
Councillors gave first reading to the bylaw at their Apr. 9 meeting, and gave final approval after receiving no public input.
“I think we’ve got a very aggressive program again this year, and yet we’ve been able to keep taxes within a very small increase,” said Councillor David Hoar.
“Congratulations to staff, we really appreciate what you’ve done.”
The base municipal tax rate for farmland is 7.5647, 2.6352 for residential, and 9.7312 for non-residential.
Tax rates were approved at 0.4 for both protective and community services, and at 0.159 for environmental services.
A $25 minimum tax levy was included in the bylaw.
“This tax rate bylaw allows us to accomplish some very important infrastructure projects, while not passing on a large increase to ratepayers,” said CAO Curtis Herzberg in an Apr. 9 media release. “Red Deer County continues to be in a very strong financial position relative to other municipalities.”
Tax notices will be mailed out on May 3, with payments due on June 30.