At the April 28 Council meeting, Red Deer County gave first and second readings to the 2020 Tax Rate Bylaw, as well as a program that both defers and reduces 2020 tax penalties.
Due to the economic impact of the Covid19 pandemic, Council has tabled a zero rate increase on taxation from 2019. This decision comes despite collecting approximately $100M less in overall assessment.
Mayor Jim Wood commented, “Maintaining last year’s tax rate will still allow Red Deer County to provide a high level of service for our residents and businesses. Council and staff have found savings in various work programs. We are not interested in creating any more burden on the taxpayer than they already have.”
In addition to holding over the tax rates from 2019, Council approved a program that will defer penalty charges until October 1 instead of the usual July 1. The Bylaw also reduces the penalty rate from 6% to 4% for the 2020 taxation year.
Rates are as follows:
- Farmland - 7.9460
- Residential - 2.6816
- Non-residential - 10.9465
- Protective Services - 0.6500
- Community Services - 0.0760
Special levies & requisitions are as follows:
- Seniors Housing Levy - 0.0196
- Prov. Education Requisition (Non-residential) - 3.9305
- Prov. Education Requisition (Residential & Farm) - 2.6266
- Designated Industrial Property - 0.0760
- Policing Requisition - 0.0915
An Environmental Levy was proposed for 2020, but has been withdrawn to create almost one million dollars in further tax savings.
Council is once again eliminating tax notices under $25.00, as they are a burden on staff resources. Also, as per Provincial order, the assessment complaint filing deadline has been extended to July 1 from April 20.
Taxes continue to be due June 30. However, outstanding balances will not receive penalties during the three month deferral period. The County is strongly encouraging those who are able to continue paying their taxes in full or in smaller partial payments. Ratepayers have until May 12 to make comments. For more information, contact Red Deer County Centre at 403.350.2150 or visit rdcounty.ca.
COVID-19 Municipal Tax Deferral Program FAQ