Property tax income to grow in ’13

Strathcona County council received the results of the 2012 property assessment at its Tuesday, Feb. 5 meeting, along with an introduction to a new online tool to help residents determine their property assessments.

Strathcona County council received the results of the 2012 property assessment at its Tuesday, Feb. 5 meeting, along with an introduction to a new online tool to help residents determine their property assessments.

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2013 Red Deer budget projects property tax increase

The City of Red Deer’s 2013 proposed operating budget projects a tax increase of 4.15 per cent.

On Monday, city council will begin reviewing the $284-million budget. If the proposed budget is approved, it means taxes on a house assessed at $285,000 will rise $69 to $1,742. Taxes for that same house in 2012 were assessed at $1,673.

Read more: http://tinyurl.com/al2lnrb

 

Airdrie property tax raised 2.84%

AIRDRIE – Property taxes increased

Property taxes are going up 2.84 per cent in Airdrie next year after city council approved the 2013 budget on Monday night.

After city staff presented a budget that would have seen taxes rise by 6.7 per cent, the city’s Finance Advisory Committee met seven times in the last six weeks and whittled the increase down by nearly four per cent.

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Edmonton households to pay 3.3% more in property taxes

The numbers are in and Edmontonians can look forward to a tax hike of just 3.33% in the new year — a full 2% less than last year’s increase.

City council voted 11 to two for a 2013 operating budget of just over $1.9 billion that will see city taxpayers shelling out an extra $60 a year.

The initial proposed tax hike rang in at 5.5% including a 1.5% investment in the Neighbourhood Renewal Program — that number would have meant a $98 annual increase in the average homeowners property taxes.

Read more:  http://tinyurl.com/bych8rh  

 

Edmonton property tax hike looks like 2.5% — for now

EDMONTON – Edmonton residents are looking at a 2.5-per-cent property tax hike next year if councillors approve all the proposed budget amendments.

This would see the typical homeowners pay an extra $44 in 2013.

While that’s less than half the 5.5-per-cent increase, or $98 average, recommended when the budget was released last month, don’t celebrate yet — some amendments are contradictory and many are unlikely to pass.

Read more:  http://tinyurl.com/blutl67

Update: Council passes budget with 5.5 per cent tax hike

Twice before, Mayor Naheed Nenshi had chaired budget debates with a keenness to trim but opposed by a council majority often fond of the city hall programs on a would-be chopping block.

But having judged that enough trimming had been done in his first two years, the mayor joined his colleagues in this week’s 2013 budget debates to increase a little, preserve the rest and bring in a 5.5-per-cent property tax hike.

Read more:  http://tinyurl.com/cowjzpr  

Property tax arrears rising in town

As Okotoks officials sit down to discuss details of the next year’s operating budget and property tax increases this week, it’s apparent it is becoming more difficult for some residents to keep up with their tax bills.

Provincial property tax sale information reveals the number of Okotoks properties advertised for auction because of tardy property tax payments has risen in the past five years, from two in 2008 to 22 this year.

Read more:  http://tinyurl.com/bp4qvue