Edmonton City Council approved an increase in property tax to 6.9 per cent in a Fall Budget vote Thursday.
For an average homeowner, that is about $245 more in taxes next year.
According to Mayor Andrew Knack, budget adjustments made were based on choosing to position the city on a stronger path forward.
In the budget, $11 million in new money was directed towards Explore Edmonton, the city’s municipal department of tourism, to support their work to attract major events to the city.
Council also approved $7.3 million in funding next year to improve the Whitemud Drive and 215 Street/Winterburn Road intersection near the River Cree Resort and Casino and west end Costco.
The cost of the intersection upgrades will be split three ways between the city, Enoch Cree First Nation, and the Alberta government.
Property owners will learn about their assessment in January and will receive their tax notice in May 2026.
Comments