By rdnewsNOW staff

Clearwater County to consider 2018 tax rate

Apr 23, 2018 | 6:22 AM

ROCKY MOUNTAIN HOUSE- Councilors with Clearwater County will consider the proposed 2018 tax rate on April 24.

The municipal portion of the bylaw currently proposes a 3% residential and 5% non-residential and farmland increase from 2017.

The provincial school tax portion has decreased by just over $1M for all classes.

According to officials, any increases in 2018 tax rates would be offset by a decrease in the school requisition for the most part.

If the assessment remains unchanged, a 3% municipal tax increase to a residential property would see a slight decrease in the overall tax bill.

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If the assessment remains unchanged at 5% for a non-residential property, the average ratepayer would see a slight decrease and an industrial ratepayer would see an increase.

New this year is the Designated Industrial Property (DIP) assessment tax rate.

This is requisitioned on behalf of the Province, by ministerial order, and remitted to offset the cost of the province taking on the responsibility of the assessment of the DIP. 

(Gary McKinnon)