The deadline of July 31 to pay property taxes in the City of Chestermere is fast approaching. Residents paying in a lump sum can submit their payment by cash, debit or cheque at City Hall (either in person or in the drop box), by electronic banking, or by mail.
For residents who are enrolled in the Tax Installment Payment Program (TIPP), the monthly rate was adjusted with the July 15 withdrawal.
As set in the 2017-2018 budget, there is 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.
For the same homeowner, the Province has increased education taxes by $115 this year. The Province requires the City to collect the education taxes on their behalf.
Taxes are governed through the Tax Rate Bylaw. For more information on the process, visit www.chestermere.ca/taxes.