Council gave the 2026 Tax Rate Bylaw its first reading on Monday, April 27. Second and third readings are scheduled for Monday, May 11. Following final approval, property tax and assessment notices will be mailed out mid-May, with payment due on July 15.
The 2026 Tax Rate Bylaw is based on the approved 2026–2028 Operating and Capital Budgets. Throughout the budgeting process, Council sought to limit the impact on residents, including by reducing the residential mill rate by 8.36%.
Even with that reduction, increases in property assessments and broader economic pressures mean that most homeowners will see a change in their total tax bill. On average, residential properties may experience an increase of about 6.02%.
For example, a home in Raymond assessed at approximately $400,000 would see an increase of about $251 for the year. This change is made up of several components:
- $76 increase to municipal taxes, which fund local services and operations
- $116 increase in Provincial Education tax required by Alberta Education and distributed to the Public and Separate School Boards
- $8 increase for the Ridge Country Housing Authority, which is necessary for the operation of their senior facilities and supports
- $51 increase for policing, sent to the province, which supports RCMP services
It’s important to note that only the municipal portion of the tax bill is set by Council. The remaining portions are determined by the province and Ridge Country Housing.
Non-residential properties are expected to see a similar overall increase of approximately 6.65%.
Residents are encouraged to review the bylaw and reach out to Town Hall with any questions. More information about property taxes and assessments is available at raymond.ca/assessment-taxation/.
View the 2026 Tax Rate Bylaw: