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Edmonton proposes 8.1% property tax hike for 2025

Edmontonians are getting a clearer picture of how much more they could be paying in property taxes. Increases for the next two years were previously approved by city council, but even after adjustments, proposed increases are even higher. Erik Bay has more – Oct 31, 2024

Edmonton’s 2025 budget is still higher than what was approved by council, even after city administration adjusted spending.

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The city is recommending a proposed 8.1-per cent increase in 2025 and a 7.3-per cent bump in 2026.

Back in April, council approved hikes of 7.0 per cent next year and 6.3 per cent in 2026.

“That’s the starting point, it absolutely can’t be the ending point,” ward pihêsiwin Coun. Tim Cartmell said.

“That’s way too high.”

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“1.1 per cent more on what was already going to be a pretty hard hit for folks, so I’m a little worried about that,” ward Nakota Isga Coun. Andrew Knack said.

The proposed numbers still need to go before council.

Council will make a budget decision in December.

For more on this story, watch the video at the top.

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