(Lacombe Express file photo)

(Lacombe Express file photo)

Lacombe County holds the line on taxes

Council opts not to increase taxes because of economic uncertainty for residents

Lacombe County is holding the line on taxes for the second year in a row.

There was no increase in residential, farmland, non-residential and machinery and equipment taxes in the 2021 budget of $68.8 million.

“We recognize the uncertainty felt by our ratepayers caused by many factors, especially over the past year, and did not want to add to their stress by increasing municipal tax rates,” said Reeve Paula Law.

Lacombe County expects to spend $12.6 million on roads and $4.4 million on bridges this year.

In 2021, the owner of a $400,000 home will pay $2,115 in property taxes — up $19.16 from 2020. That total includes the education tax, which represents just under half of the total tax bill. Residents whose homes dropped more than two per cent in value will likely see their taxes go down.

Red Deer County also opted to hold the line on residential, farm and non-residential taxes this year. It is the fifth year in a row that council held the line on farm and residential taxes.

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