Last week, Chestermere residents should have received their 2017 Tax Notice.
As set in the 2017-2018 budget, there will be a 2.3% increase in the 2017 tax requirement. This means that a homeowner with a home valued at $500,000 can expect to pay $60 more in municipal taxes this year.
The deadline to pay in a lump sum is July 31. Residents who are enrolled in the Tax Installment Payment Program (TIPP) will see their monthly rate adjusted with the July 15 withdrawal.
Property taxes, in addition to grants and fees, go toward paying for municipal services such as policing, emergency response, roads, parks, recreation, and community events.
The 2017 budget also includes several significant projects including the initial upgrade of Township Road 240, improvements to Lakeside Greens and West Chester Boulevard, pathway improvements or extensions, the completion of the Centre for Community Leadership, upgrades to lakefront parks (including Anniversary Park and Cove Park), and a new soccer field at Our Lady of Wisdom School.
For more information on the Tax Rate Bylaw or process, visit www.chestermere.ca/taxes.