County tax bylaw given first reading, tabled for public input
Red Deer County council has given first reading to the 2018 Tax Bylaw.
Under the proposed bylaw, residential municipal taxes will see an increase of $20 per $100,000 of assessed value. Non-residential taxes will see an increase of $120 per $100,000 of assessed value.
Non-residential taxes are those calculated on commercial, industrial, machinery and equipment, as well as linear sectors.
Environmental and Protective Services levies will remain unchanged from 2017, while the Community Services levy will rise from 0.4000 to 0.6000. County officials say this increase is directly related to new recreation funding agreements with neighbouring municipalities.