Little change in taxes paid by county dwellers

Red Deer County will hold its residential tax rate at 2008 levels and reduce the farmland rate slightly this year.

Red Deer County will hold its residential tax rate at 2008 levels and reduce the farmland rate slightly this year.

County council also voted to raise the non-residential rate slightly as it gave unanimous approval to the bylaw setting tax rates — or mill rates — to support this year’s $65.4 million budget.

The impact on individual homeowners is difficult to determine, but the average residential assessment was up 13 per cent on July 1, 2008, the date assessments are determined.

Using that example, the owner of a $300,000 property could expect to pay $1,587 in total taxes this year, up $92 from the previous year.

However, individual tax bills can vary considerably, said Terryl Allen, county director of corporate services.

“Red Deer County has a broad range of residential property types and qualities, including lake front, manufactured homes, farmsteads, multi-lot subdivisions and acreages,” says Allen in prepared comments. “Therefore, a properties’ rate of assessment and inflation can vary based upon various factors.”

County Mayor Earl Kinsella said the municipality only takes as much money as it needs. Council sets priorities in response to residents’ expectations and the cost determined. Tax rates are set to raise enough money only to cover those costs.

Many residents will see tax increases in line with inflation increases.

Those expecting to benefit from slumping property values will have to wait a year because the assessments were determined before the downward trend.

Council passed first reading of the tax rate bylaw last month. The budget feedback received has been mostly directed at the county’s road plans, said Kinsella. Residents are supportive of the decision to dramatically boost the road paving program to take advantage of good pricing.

The county has accelerated the county’s 10-year asphalt maintenance program by eight years and contractors will put asphalt overlay on 70 km of roads this year as part of an $8 million program. In the past, only a few kilometres a year were resurfaced.

Council approved changes to its budget Tuesday to withdraw $8.1 million from reserves to cover the additional road paving.

Councillor Reimar Poth said council is on the right track. “I think we’ve done (the budget) appropriately and within the logic of today’s economic times.

Just Posted

City of Red Deer gets ball rolling on annexing more land

”It’s important we look ahead,” says Mayor Veer

Walmart melding online and in-store shopping

South Red Deer Walmart recently underwent six months of renovations

Updated: Nature trail unveiled at RDC

Trail unveiling and tree planting honours Nova Chemicals $2 million donation

Rural municipalities seek more funding to address cannabis legalization

Not enough supports in Municipal Cannabis Transition Program

Video: Windows smashed at three Red Deer businesses

Red Deer RCMP arrest man after vandalism spree

Automated cars could kill wide range of jobs, federal documents say

OTTAWA — More than one million jobs could be lost to the… Continue reading

McGill research finds significant driving impairment 5 hours after cannabis use

MONTREAL — Driving under the influence of cannabis remains dangerous even five… Continue reading

Family: Remembering the important things

It seems so much of life is work and routine and then… Continue reading

Canada gets into Women’s World Cup with 7-0 win over Panama

FRISCO, Texas — Christine Sinclair isn’t concerned about chasing records. She’s set… Continue reading

Baldwin urges ‘overthrow’ of Trump government via voting

MANCHESTER, N.H. — Actor Alec Baldwin followed up his latest parody portrayal… Continue reading

Prince Harry and Meghan expecting their 1st child in spring

CANBERRA, Australia — Prince Harry and his wife, the Duchess of Sussex,… Continue reading

Sears files for Chapter 11 amid plunging sales, massive debt

NEW YORK — Sears filed for Chapter 11 bankruptcy protection Monday, buckling… Continue reading

Doctors to debate medical pot as more patients expected to ask for prescriptions

VANCOUVER — Doctors with opposing views on whether medical marijuana should be… Continue reading

Most Read