Tuesday, December 2, 2008

Tax hike at 6.99 per cent

St. Albert homeowners face a 6.99 per cent tax increase next year, after council trimmed away at several staffing positions Monday.

Next year's property tax hike officially sits at 8.05 per cent, down from the 8.97 per cent first proposed.

Council is expected to reduce that to 6.99 per cent when they approve revised fuel forecasts and delete Alberta Health Care premiums for staff. Both are considered formalities. 

The property tax relief came after council cut eight budget requests for staffing at Monday's budget meeting. The cuts affect everything snow and ice removal and road maintenance in public works to fundraising for Servus Place, the 150th anniversary and other events.

The tax hike could be reduced even more following tonight's budget meeting, when council begins debating the rest of the operating budget.

The meeting starts at 4 p.m.