At the April 29 Council meeting, Red Deer County Council approved the municipal tax rate bylaw for 2025. Tax rates vary on individual properties and taxation is based on their market value assessment. Changes to mill rates and levies are listed below:
*Non-residential taxes are calculated on commercial, industrial, machinery & equipment, as well as linear sectors.
The Protective Services levy is decreasing from the 2024 rate to 0.5328 from 0.6140, with Community Services levy decreasing from the 2024 rate to 0.9350 from 1.0368, the overall decrease in these rates automatically increases the municipal rate accordingly.
This Bylaw allows the county to collect $55.1M in taxation to achieve our budgeted work plans for 2025. Administration is presenting a 1.1248 mill rate increase to farmland property, a 0.0193 mill rate decrease to residential properties and a 0.1045 mill rate decrease to non-residential properties in 2025. Farmland is assessed based on prescribed rates from the Ministry of Municipal Affairs.
Dave Dittrick, assistant chief administrative officer and director of corporate services explained that “stronger than projected assessment growth has allowed Red Deer County to reduce residential and non-residential mill rates in 2025.”
He continued “While also easing the reliance on reserves to fund our Capital programs.”
Mayor Wood acknowledged “this year our requisitions have increased by 11.5 per cent, this includes a massive 12.5 per cent spike in school requisitions, which equates to an additional $2.5M to collect on behalf of the province.
The province requires municipalities to levy Education Property Taxes on their behalf based on our assessment values. The overall requisition for education has increased by $2.45M (12.5%).
Rates will increase for Residential and Farmland –2.5916 (up from 2.4149 in 2024); and increase for Non-Residential – 3.8495 (up from 3.6939 in 2024).
The Seniors Housing levy reflects the requisition that we are charged from the Parkland Seniors Housing Foundation. Based on this requisition, Administration is recommending setting the Seniors Housing Levy rate at 0.0292 (2024 was 0.0277). The provincial police levy will decrease for all property categories to 0.2245 (2024 was 0.2392).
Provincial requirements for a Designated Industrial Property (DIP) levy reflect the cost to administer the province’s program to centralize all industrial assessment. The legislated DIP requisition for 2025 is 0.0701 (2024 was 0.0765).
Taxes are due on June 30, a six percent penalty will be applied to any unpaid balance on July 1, 2025, November 1, 2025 and March 1, 2026. If you are currently enrolled in our Monthly Tax Installment Plan, no additional payment is required at this time.
For more detailed information, please contact Red Deer County Centre at 403.350.2150 or visit the website.
With Information provided by Red Deer County.
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