How is the tax rate determined?
Property taxes are affected by four factors:
- A change in the Provincial Education tax required by Alberta Learning and distributed to the Public and Separate School Boards
- A change in the tax requirements of the Ridge Country Housing Authority necessary for the operation of their senior facilities and supports.
- A change in the Town’s overall budget to meet the demands for Town services.
- A change in your property’s assessed market value if it is higher or lower than the average change in property values Town wide.
Other Taxes
Local improvement charges
- You will see this charge when property owners approve new or replacement construction projects that intend to upgrade or improve certain conditions within residential, commercial and industrial areas of the municipality.
- Property owners have the option of paying the associated costs (construction costs and interest) over a specified number of years for improvements constructed in the area of their property or in one lump sum.
- Examples are alley paving, concrete curbs and gutters, sidewalk replacement, extending sanitary, storm or water systems, etc.