Municipal property tax increase less than one per cent

May 4, 2016

Municipal property tax increase less than one per cent

 

Strathcona County has kept residential property taxes for the municipal portion to a 0.69 per cent increase over last year to maintain County programs and services, and fund capital projects.

“At less than one per cent, the municipal property tax increase is comparably low,” says Mayor Roxanne Carr. “Council reached this very low tax increase by focusing on priorities, holding the line on spending and allocating $5.4 million of the 2015 municipal surplus to 2016 budget requirements.

“We consider the short-term realties and long-term impacts in setting the tax rate. While strong fiscal management over the years has positioned us well, priority based budgeting gives us a new lens through which to consider program and service delivery and efficiency. This will continue to be important, and more so, as the challenging economic conditions persist in Alberta.”

A further portion of the taxes the County collects goes to the Government of Alberta for education, the Heartland Housing Foundation for social housing and the Strathcona County Library.

When these other tax requirements are weighted in, total 2016 residential property taxes will increase by 1.48 per cent.

A sample single-family residential property assessed at $446,000 will pay $13.03 more to Strathcona County, $1.38 more to Heartland Housing Foundation, and $30.57 more toward provincial education. Combined it is an approximate $45 property tax increase for the year.

Municipal property taxes per month for this sample property totals about $159. These dollars fund and maintain municipal services including roads, fire, ambulance, police, recreation, parks, culture, transit, planning, agricultural, economic development and community social programs. 

Tax notices will be mailed in mid-May. The tax payment deadline is Thursday, June 30, 2016.

Property owners can find out the estimated tax amount on their property through the County’s online Property Tax Calculator. This self-service tool provides the total amount, and annual and monthly property tax breakdown. It also shows how tax dollars are divided to deliver municipal services.

More information

 

Set in the centre of Alberta’s energy and agricultural heartland, Strathcona County is a thriving, successful and vibrant community of almost 96,000 residents. StrathconaCounty is made up of the urban area of Sherwood Park and a large adjacent rural area of farms, acreages and smaller hamlets. It is home to 75 per cent of refining in Western Canada. With a focus on economic, governance, social, cultural and environmental sustainability, StrathconaCounty is committed to balancing the unique needs of its diverse community.

 

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Background

Sample property

A sample single family residential property assessed at $446,000 will pay approximately $159 per month ($1,902 per year) for the municipal services portion of their property taxes in 2015. This breaks down to:

Municipal Services

roads

$    51/month

fire, ambulance, police

$    45/month

recreation, parks, culture

$    30/month

transit

$    17/month

planning services

$      7/month

agricultural services

$      3/month

community social programs

$      4/month

economic development, tourism

$      2/month

Strathcona County municipal services

$  159/month

 

Also as part of residential property taxes for this sample property:

Strathcona County Library

$      5/month

 

Heartland Housing Foundation

$      3/month

 

Provincial education
(Kindergarten to Grade 12)

$    90/month

 

Total residential property taxes

$  257/month

2016 increases:

0.69 per cent increase in municipal taxes
0.00 per cent increase in Strathcona County Library taxes
3.73 per cent increase in Heartland Housing Foundation taxes (residential)
2.93 per cent increase in provincial education taxes (residential)

Contact:

Strathcona County Communications, 780-410-6595