Innisfail town council on Monday approved the town’s 2017 Property Tax Rate Bylaw, which sees municipal mill rates unchanged from 2016.

The rates were approved in light of a zero per cent increase passed by council during 2017 budget deliberations. School tax saw the only increase, going up approximately 3.3 per cent to accommodate an increase in the provincial school requisition.

As such, an average residential home assessed at $370,323 will see an increase of $12.12.

Properties may see higher or lower tax bills depending on their assessment values, which dropped town-wide by one per cent.

Taxes must be paid on or before June 30.

“We’re pleased to be in a position where we can meet our goals and needs without increasing taxes,” said Mayor Brian Spiller. “The Town continues to be financially healthy while being mindful of the difficult economic times.”

Mill Rates 2016 2017
Residential 6.5111 6.5111
Non-Residential 8.0739 8.0739
Machinery & Equipment 8.0739 8.0739
School - Residential 2.4800 2.5678
School - Non-Residential 3.6400 3.7800
Senior Foundation 0.0200 0.0200

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