Wetaskiwin City Council approved the 2013 Tax Rate Bylaw (1813-13) at their May 13 meeting, which sets the property tax rates for 2013.
The combined tax increases required to fund the municipal tax requirement, as well as the requisitioned amounts from Alberta Education and the Lodge Authority, result in total tax increases of 4.4 per cent for residential property and 4.6 per cent for non-residential property.
“Our growth was higher than originally expected, which is great news for Wetaskiwin taxpayers,” stated Lisa Novotny, Manager of Development with the City of Wetaskiwin. “An increase in growth expands the tax base, which reduces the tax increase for individual ratepayers.”
A residential home assessed at $300,000 for both 2012 and 2013 will pay $7 per month more in property tax. This brings the total annual tax bill from $3,088.41 to $3,172.41, an increase of $84 annually.
Taxes are due on June 30, 2013. Property tax payments can be made at City Hall, through your financial institution, by mail, or through our pre-approved monthly tax payment plan.
Property tax notices will be mailed on May 24, 2013.