2013 proposed budget released, Edmontonians could pay $98 more in property tax
Published Thursday, November 8, 2012 1:40PM MST
Last Updated Thursday, November 8, 2012 7:18PM MST
Edmontonians could be paying nearly $100 more in property taxes for the year, according to details outlined in a proposed budget for 2013 released by the city on Thursday.
The proposed operating budget says there will be a four per cent increase for civic services and a 1.5 per cent increase for the Neighbourhood Renewal Program.
The proposed budget means a typical household valued at $357,000 last year, would see a municipal property tax increase of about $98 for the year, for an average annual bill of $1,888, or just over $8 per month for almost half of Edmontonians on the monthly property tax payment plan.
Edmontonians will also need to pay an additional $47 for utilities, bringing the increase to a total of $145.
The taxes are spent on such services and programs like Edmonton’s police service, fire rescue, transit, parks & community services, snow clearing, pothole mantainence, neighbourhood renewal, and library and recreation centre staff.
The city says the proposed budget is in line with an increase limit set by council in June.
However, Coun. Bryan Anderson wants to make it clear that these numbers are just a starting point for council to debate.
"Rarely have I seen a budget debate finish and end up to the target percentage," Anderson said.
"Whatever target we give the administration that is to develop a budget that can be debated. It's a starting point for debate."
It could more or less of what's currently proposed, but the city's chief financial officer says the city is doing well financially and the budget reflects that.
"We think that it's a good budget. We worked hard to bring this budget in without impacting service levels and we've managed to do that," Rosen said.
The budget will be presented to council on Nov. 14.
A public hearing is planned for Nov. 26. Edmontonians wishing to speak at the hearing can call 780-496-8178 or register online here.
Final approval is expected in mid-December.
With files from Amanda Anderson