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Keeping Increases To A Minimum

Small property tax rate increase for Blackfalds this year

May 1, 2021 | 10:30 AM

Residents of Blackfalds are due to see a small increase in their property taxes this year.

As the Town enters a second year of operations during the coronavirus pandemic, Town officials say council and administration remain committed to alleviating some of the financial strain on taxpayers by implementing a 0.6 per cent tax rate this year, a moderate increment after a 0 per cent increase in 2020.

“Administration is happy to have found the required cutbacks to reduce the property tax increase down from 1.5 per cent to 0.6 per cent without any major service interruptions,” according to Director of Corporate Services Justin de Bresser, in a press release. “The pandemic is still having a major effect on the municipality’s revenues and operations, and administration is proceeding with the utmost caution for the remainder of the year.”

Mayor Richard Poole acknowledged that both he and council are aware of the challenges that the past year has brought to the community.

“The 0.6 per cent increase was an alternative that council overwhelmingly supported because it acknowledges how the events of the past year have affected our citizens’ needs, the Town of Blackfalds’ loss of revenue, and the increase in cost of living,” he explained.

Mayor Poole added that council has also worked with administration to provide support for the business community through utility payment and tax penalty deferrals, as well as business licence credits.

Anyone wishing to take advantage of these opportunities should contact the Town to find out how to qualify for these adjustments.

Property Tax notices will be sent out in the first week of May when residents and businesses are given 60 days to file any assessment complaints.

For more information please visit blackfalds.com.