As taken from the COE News Release...
The City of Edmonton’s 2016-2018 Operating Budget results in a 2.9 per cent general property tax increase in 2017 for all civic operations. The tax rate is finalized in the spring, after the Government of Alberta sets the Provincial Education Tax, which makes up a portion of the total tax rate.
The approved budget maintains all City programs and services for slightly more than $6.59 a day in municipal taxes for most Edmonton households. This means a tax increase of $66 in 2017 and $120 in 2018 for the typical household, which is a single-family dwelling with an assessed value of $408,000.
The budget holds department expenditures to well below the cost of inflation, while providing staffing for new infrastructure approved in previous budgets, such as fire halls in new neighbourhoods. It also dedicates 0.6 per cent of the tax increase to construction of the Valley Line LRT expansion.
Increased investments deliver on citizen priorities
The City reallocated savings found in other parts of City operations to fund programs identified as priorities for citizens, including:
Additional firefighters for three fire halls
Problem Properties Task Force
Nikaniw Indigenous Youth Leadership Program 2017
The EndPovertyEdmonton initiative
Community Development Corporation
Art Gallery of Alberta Sustainability initiative
2016-2018 Utilities Budget
Last week, Council approved the 2016-18 Utilities Budget, which covers the revenues and expenses of the City’s two utilities: Waste Management Services and Drainage Services. They are funded exclusively through utility rates and utility program revenues, not property taxes.
Under the 2016-2018 budget, Waste Management Services for the typical residential customer will increase by:
$22.80 a year in 2017
$22.20 a year in 2018
For Drainage Services, the typical residential customer will see annual rate increases of $12 in 2017 and $15 in 2018.
For more information: