At the April 13 Council meeting, Red Deer County gave first reading to the 2021 Tax Rate Bylaw, and approved a temporary amendment to the Tax Penalty Bylaw to reduce 2021 Tax penalties.
Due to the ongoing economic impact of the COVID-19 pandemic, Council has tabled a zerorate increase on tax rates that will equate to a 2.5% reduction in taxes collected for 2021. This decrease occurs as a result of the County seeing a 1.62% reduction in the overall taxable 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. We are not interested in creating any more burden on the taxpayer than they already have.”
Notwithstanding the new Provincial Police Services Agreement that came into affect on April 1, 2020, the Bylaw reduces the penalty rate from 6% to 4% for the 2021 taxation year and continues to hold over the tax rate from 2020.
Rates are as follows:
Special levies & requisitions are as follows:
|Seniors Housing Levy||0.0199|
|Prov. Education Requisition (Non-residential)||3.9184|
|Prov. Education Requisition (Residential & Farm)||2.5997|
|Designated Industrial Property Requisition||0.0766|
Taxes are due June 30. The County is strongly encouraging those who are able to continue paying their taxes in full or in smaller partial payments. No penalties will be assessed until July 1.
For more information, contact Red Deer County Centre at 403.350.2150.