Are taxes really going down?

I’ve had a few people over the past week say something like “my taxes went up, I thought they were going down, what’s up with that!?”

So to be clear: the tax rate for 2019 has not been set yet. But we are still projecting that the municipal portion of property taxes owed by an average property will go down. The target reduction is 4.1%. This target was set in November and I am not aware of anyone from the City thinking it should change.

So then, what is going on here? Why are people’s taxes apparently going up?

People I’m talking to are seeing their assessments and/or monthly Tax Installment Payment Plan (TIPP) payments going up. However, these going up does not necessarily mean that someone will be paying more in 2019 than they did in 2018.

Below is some information about why we do taxes the way we do. After that I explain why assessments and TIPP payments don’t tell the full story.

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Guest UsertaxesComment
Grande Prairie Storm Requests

Yesterday the Community Living Committee discussed the Grande Prairie Storm. They've been working hard to strengthen their operations, and have had a lot of success (for example, this season they've reported a 63% increase in ticket sales, a 28% increase in corporate sponsorship, and an increase in fundraising). The team feels that it is on a path to long-term sustainability. They've asked the City to help them along.

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Guest UserstormComment
Provincial Police Act Review

Since November, I have been attending regular meetings hosted by the province. It is doing consultation in regards to updating the Police Act. I've learned a lot and have appreciated the opportunity to advocate for the City.

This Thursday, I'll be at a meeting about Roles and Responsibilities. Next week I'll be going to a meeting about Policy and Oversight. There will be a lot of questions discussed, but the two most important [in my mind]:

1) WHAT ROLES SHOULD POLICE OFFICERS HAVE IN THE COMMUNITY?

2) WHAT ROLE DO YOU EXPECT LOCAL OFFICIALS TO HAVE IN POLICE OVERSIGHT?

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Guest UserpoliceComment
Debt Refinancing

Overall, I am very happy with the proposed budget (click here for the highlights). However, I am very concerned about one element: the re-financing of debt. In principal, debt re-refinancing could be a wise financial strategy, but I have big hesitations about its current implementation.

Following is some background and my thoughts on what should be changed.

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Guest Userbudget, debtComment