Edmonton Journal

2.1% tax hike approved

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The average Edmonton homeowner will pay an extra $63 in property taxes after city councillor­s approved the final 2015 budget Tuesday.

The typical house, worth $401,000, faces a total tax bill of approximat­ely $3,100 this year, made up of civic and provincial school levies.

The 2.1 per cent overall increase is one of the lowest in the last two decades.

The city approved a 5.7 per cent tax rise last December. However, the school levy actually dropped.

Councillor­s decided against boosting the municipal portion of the tax bill, as they have in the past, to give local residents a break as the economy slows.

Tax bills will be mailed out May 22.

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