Tax Bill
City Budget
City Council approved the 2012 Operating Budget in December 2011.
Your property taxes are used to help pay for the services and infrastructure in these budgets. The budget has increased to reflect the increased costs of these services and infrastructure. As a result, the revenue required from property taxes increased by an average of 3.72% for operations and 1.5% dedicated to continue the neighbourhood renewal program.
Your Tax Bill Comes in May
The City sends your property value assessment notice in January to help you estimate and budget for your taxes, which are due on June 30. Your final tax bill is dependent on the following items:
- the City budget requirement for programs, services and infrastructure;
- the provincial Education Tax Requisition announced in March/April after the provincial budget is passed;
- any local improvement charges for your neighbourhood or street;
- how your property assessment changed in comparison to the average change in property assessment across the city.
Impact on Typical Residential Property
The assessed market value of your property is used to determine your share of the property taxes the City needs for services and infrastructure. The average increase in property taxes in 2012 for the typical Edmonton house (single-family residence assessed at $357,000) is 5.1%t (5.7%, including provincial education taxes, collected by the City on behalf of the Province). This amounts to about $87 for the year (plus $62 for the provincial education tax) or $7.25 per month ($12.42, including provincial education tax) for homeowners on the property tax monthly payment plan.
For more information:
Main Floor, City Hall
1 Sir Winston Churchill Square
Edmonton, AB T5J 2R7
| Telephone | 780-496-6366 |
|---|---|
| Fax | 780-496-1967 |
