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.

Residential Property Tax Rate and Calculator

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)

Residential Property Tax Calculator

This chart shows the impact of the tax levy on a $412,925 residential property.

Impact of the tax levy on a $426,717 residential property chart
Type of Levy	2024 Assessment $426,717	2023 Assessment $412,925	Dollar Change	Percent Change
Municipal Tax Levy inc DCC	$2,309.46	$ 2,263.30	$ 46.15	2.04%
Education Tax Levy	$1,055.60	$ 1,010.55	$ 45.05	4.46%
Heartland Housing Foundation Tax Levy	$39.33	$ 35.71	$ 3.62	10.1%
Combined Tax Impact	$3,404.38	$ 3,309.56	$ 94.81	2.86%

A residential property based on an average 2024 market value of $426,717 (3.3% average increase in assessment due to market value changes from 2023) will see its combined property tax increase by approximately $94.81 for the year ($7.90 per month) or 2.86% from 2023 to 2024.

A sample single family residential property assessed at $426,717 will pay approximately $192 per month in property taxes in 2024 for municipal services.

Municipal services breakdown*
Service	Monthly Cost
Transportation, Facilities & Infrastructure	$78/month
Recreation, Parks, Culture	$35/month
Fire and Protective Services	$65/month
Planning Services	$3/month
Family & Community Support Services	$3/month
Economic Development	$4/month
Public Library	$4/month
Dow Centennial Centre	$0/month
Total City Municipal Services	$192/month
Heartland Housing Foundation	$3/month
Provincial Education	$88/month
Total Residential Property Tax	$284/month

* Based on a average 2024 market value for a residential property of $426,717; the yearly municipal property taxes is $2,309.

Non-Residential Property Tax Rate

The following chart summarizes the combined property tax impacts for Municipal, education, and Heartland Housing levies from 2023 to 2024, in dollar values and percentages, for sample non-residential properties.

Non-Residential Property Tax Calculator

Impact of the tax levy on a $1,006,607 non-residential property chart
Type of Levy	2024 Assessment $1,027,142	2023 Assessment $1,006,607	Dollar Change	Percent Change
Municipal Tax Levy inc DCC	$10,119.99	$ 9,918.02	$ 201.96	2.04%
Education Tax Levy	$3,768.08	$ 3,745.83	$ 22.25	0.59%
Heartland Housing Foundation Tax Levy	$94.67	$ 87.05	$ 7.62	8.7%
Combined Tax Impact	$13,982.73	$ 13,750.90	$ 231.83	1.69%

A non-residential property based on a 2024 market value of $1,027,142 (2.00% average increase in assessment due to market value changes from 2023) will see its combined property tax increase by approximately $231.83 for the year ($19.32 per month) or 1.69% from 2023 to 2024.

Additional resources

Budget

Property Tax and Supplementary Property Tax Bylaw