(rdnewsNOW file photo)

By Josh Hall (Twitter: @Vancan19)

status quo

No tax increase for third straight year in Rocky Mountain House

May 15, 2021 | 3:10 PM

Property owners in Rocky Mountain House will see no increase on their taxes this year.

Town council adopted its 2021 Tax Rate Bylaw this week, with a zero per cent increase for the third straight year.

“We know our residents and businesses are facing much uncertainty as we enter a second year of the COVID-19 pandemic,” said Mayor Tammy Burke. “Through careful budgeting and modifying operations, we are able to maintain our tax levy for the third year in a row despite a reduction in overall assessed values. Residents and businesses will see this reflected in stable property tax notices to be mailed later this month.”

Assessment notices were mailed in February, and reflected an overall $50 million reduction in property assessment.

“Unless you have a big shift in your assessment relative to your neighbours’, due to a major improvement, your taxes should stay the same or go down,” said Director of Corporate Services Betty Quinlan.

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“Property owners may see slight fluctuations in their tax bill, but we’ve done our best to keep them consistent. The majority of residential properties’ 2021 tax bills will be within $60 of last year.”

In addition, the Tax Rate Bylaw provides for a levy of over $2.7 million for school requisition, over $86,000 for the Seniors Foundation requisition, and $878 for the Designated Industrial Properties requisition. These are provincially-mandated requisitions the Town is obligated to collect.

Property owners should receive their 2021 property tax notice by mid-June, with taxes due on July 30, 2021.

For more information about the Town’s Tax Installment Payment Plan, call 403-845-2866.