Tax Rate

Each year, City Council establishes the tax rate to distribute the tax levy among all City of Fort Saskatchewan property owners. At the same time, the provincial government determines the amount that every Alberta municipality must contribute towards education funding. In addition, the housing foundation portion of the levy is requisitioned in accordance with the Alberta Housing Act and collected by the City on their behalf.

One mill represents $1 tax for every $1000 of assessment, therefore the calculation of the taxes can be shown as follows:

Municipal Property Taxes = Assessment x (Municipal tax rate ÷ 1000)

School Taxes = Assessment x (School tax rate ÷ 1000)

Foundation Taxes = Assessment x (Housing tax rate ÷ 1000)

This chart shows the impact of the tax levy on a $400,000 residential property with no change in assessment.

Impact of the tax levy on a $400,000 residential property chart

Type of Levy

2018 Assessment

2017 Assessment

Dollar Change

Percent Change

Municipal Tax Levy inc DCC

$ 2,105.31

$ 2075.88

$ 29.43

1.42%

Education Tax Levy

$ 1,023.48

$ 1030.28

$ (6.80)

(0.66%)

Heartland Housing Foundation Tax Levy

$ 28.97

$ 22.86

$ 6.11

26.74%

Combined Tax Impact

$ 3157.77

$ 3,129.02

$ 28.74

0.92%

Additional resources

Property Tax and Supplementary Property Tax Bylaw