Here’s Your 3.9 Per Cent Tax Increase

Look at what I get to read tonight. It’s the city’s proposed 2012 budgets, oh joy.

So much for watching movies.

Anyway, I’m kind of juggling kids right now so I can’t get into too much detail (it doesn’t get debated by council until Dec 12 so there’ll be plenty of time to go over it) but the big news to come out of it is that there will be a slight mill rate increase this year.

A 3.9 per cent increase, that is.

For the average household, that works out to about $54 more a year in property taxes.

I know several people will say this is too much but figure it could be worse. Word on the street is Calgary is contemplating a 4.5 per cent boost while Edmonton is looking at five.

And, if you’re thinking, “Man, is budget season coming earlier every year?” You’re right. It is. When I started covering city budgets three years ago, they were going through council in April. Last year, they moved that back to January. And now they’re running the budget by council in December.

But, according to Brent Sjoberg, general manager of corporate services, they’ll be getting the budget done around this time of year from now on.

Good to know.

Author: Paul Dechene

Paul Dechene is 5’10” tall and he was born in a place. He’s not there now. He’s sitting in front of his computer writing his bio for this blog. He has a song stuck in his head. It’s “Girl From Ipanema”, thanks for asking.

You can follow Paul on Twitter at @pauldechene and get live updates during city council meetings and other city events at @PDcityhall.

9 thoughts on “Here’s Your 3.9 Per Cent Tax Increase”

  1. I cant find a link to the proposed budget on city website. Do you have it? Or do I have to pick up a paper copy at City Hall? Or is it reserved for media only? Thx.

  2. JW: The budget did just get released this morning. I’m sure it’ll be available on the website by tomorrow.

    Anon: The mill rate went up last year. By four per cent.

    http://www.prairiedogmag.com/?p=17100

    And I think it went up by 3.5 or 4 the year before. Can’t remember and can’t find it right now.

  3. “Question: How much does the exemption to Mosaic work out to, per family, per year?”

    About $6 per household per year for the next 5 years.

    E

  4. “Question: How much does the exemption to Mosaic work out to, per family, per year?”

    About $6 per household per year for the next 5 years.

    Either way, the tax money from that didn’t exist prior so it isn’t really costing tax payers anything.

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