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Amended bylaw

Red Deer County approves 2022 tax rate bylaw

May 17, 2022 | 3:13 PM

Red Deer county council approved an amended municipal tax rate bylaw for 2022 at their meeting on Tuesday.

The County confirms that tax rates vary on individual properties and taxation is based on their market value assessment.

The amended bylaw includes assessment classifications between Machinery and Equipment and Land. County officials state this does not impact overall taxation as they are both Non-Residential classes. The other amendment is to include the enhanced policing support that the County provides to the Blackfalds RCMP, as part of the Provincial policing levy.

Category

2022 Tax Rates

2021 Tax Rates

Farmland

7.9460

7.9460

Residential

2.6816

2.6816

Non-residential*

10.9465

10.9465

Protective Services

0.7000

0.65000

Community Services

0.6500

0.6000

*Non-residential taxes are calculated on commercial, industrial, machinery & equipment, as well as linear sectors.

The Protective Services levy is increasing from the 2021 rate (0.6500, to 0.7000), with Community Services levy also increasing from the 2021 rate (0.6000, to 0.6500)

“Red Deer County has noted the inflation and will ensure that residents and businesses continue to have the level of service they have been expected,” said Heather Surkan, Director of Corporate Services.

Mayor Jim Wood said he is pleased with the budget.

“The County continues to flourish, which is reflected in the growth of our assessment numbers, the increase in developments support a lower tax rate in Red Deer County,” he said.

The Province requires municipalities to levy property taxes on its behalf based on assessment values. This year, the Residential & Farm Education tax rate is 2.6285 and Non – Residential Education tax rate is 3.8809.

The Police levy has been calculated at 0.1782 (2021 – 0.1378).

The Seniors Housing Levy, meantime, reflects the requisition charged by the Parkland Seniors Foundation. Based on calculations from their requisition, the Seniors Housing levy rate is 0.0194 for this year.

There is also a Provincial requirement to include a Designated Industrial Property (DIP) levy in the tax rate bylaw. This levy is completed on behalf of the province of Alberta and covers the cost to administer the province’s centralization of all DIP assessment. The legislated DIP requisition for 2022 is 0.0766.

Taxes are due on June 30. A six per cent penalty will be applied to any unpaid balance on July 1, November 1, 2022 and March 1, 2023. For those currently enrolled in the Monthly Tax Installment Plan, no additional payment is required at this time.

For more detailed information, contact Red Deer County Centre at 403.350.2150 or visit rdcounty.ca.

READ: Red Deer County council gives first reading to 2022 tax rate bylaw