For Immediate Release / May 18, 2021
City Council Approves 2021 Tax Rate Bylaw
On May 17, 2021, City Council passed Bylaw 27/2021 – the 2021 Tax Rate Bylaw. The Municipal Government Act requires the City to annually adopt a Tax Rate Bylaw. Bylaw 27/2021 is intended to approve the levying of $147,770,432 in combined municipal and education tax levies. The passing of this bylaw provides funding for the City’s programs and service levels, as approved in the 2021 Municipal Operating Budget.
An increase of 0.1 per cent will be seen in the total tax requirement for a residential property worth $435,000, with 0.7 per cent related to municipal tax requirements and –2.1 per cent relating to a decrease in Provincial Education Tax. A commercial property worth $950,000 will see an increase of 0.5 per cent in taxes, with 0.7 per cent related to municipal tax requirements and another 0.1 per cent relating to the Province’s Education Tax. Provincial legislation requires the City to levy and collect education taxes on behalf of the Province of Alberta.
Property taxes are calculated based on assessment values, which means properties throughout the city will be affected differently. Between July 2019 and June 2020, St. Albert’s residential real estate market continued to be resilient against the economic impacts of COVID-19. St. Albert experienced a small decrease in residential values. As of July 1, 2020, the residential assessment base decreased in value by approximately –1.2 per cent over the previous year. 2021 Assessment and Taxation Notices will be sent to residents at the end of May. The deadline for property assessment appeals is August 9, 2021.
Due to the COVID-19 pandemic, all City front counter services were closed to protect the safety of our residents and staff. Payment can be made through pre-authorized payment plan, your financial institution, the drop box located on the right-hand side of the front doors to St. Albert Place (5 St. Anne Street) or by mail. For more information, please visit https://stalbert.ca/home/assessment.
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Last edited: May 18, 2021