Tax Bill
City Budget
City Council approved the 2010 Operating Budget and the 2009-2011 Capital Budget on December 11, 2009.
Your property taxes are used to help pay for the services and infrastructure in these budgets. The budget has increased to reflect the increased costs of these services and infrastructure. As a result, the revenue required from property taxes increased by an average of three per cent for operations and two per cent earmarked specifically for the neighbourhood renewal program.
Your Tax Bill Comes in May
The City sends your property value assessment notice in January to help you estimate and budget for your taxes, which are due on June 30, 2010. Your final tax bill is dependent on the following items:
- the City budget requirement for programs, services and infrastructure;
- the provincial Education Tax Requisition announced in March/April after the provincial budget is passed;
- any local improvement charges for your neighbourhood or street;
- how your property assessment changed in comparison to the average change in property assessment across the city.
Impact on Typical Residential Property
The assessed market value of your property is used to determine your share of the total property taxes the City needs for services and infrastructure. The average increase in property taxes is five per cent, for all property types (i.e. commercial, industrial, and residential).
For more information:
2nd Floor, Chancery Hall
3 Sir Winston Churchill Square
Edmonton, AB T5J 2C3
| Telephone | 780-496-6388 |
|---|---|
| Fax | 780-496-1986 |
