EDMONTON — Edmonton city council has passed the operating budget for 2016, 2017, and 2018, with tax hikes that are lower than originally proposed.
When budget talks began, the proposed tax hike was 4.9 per cent each year for the next three years.
That figure was reduced with the elimination of a 1.5 per cent levy in 2016 and 2017, which would have gone towards neighbourhood revitalization. Council maintained 0.8 per cent of the tax increase to go towards the Valley Line LRT expansion.
The city says the budget, as passed, represents a tax increase of $76 in 2016, for a typical home valued at $401,000.
The tax rate will be finalized in the spring, after the provincial government sets the Provincial Education Tax.
On Wednesday, council passed the policing portion of the operating budget. At $8.79 million over three years, it was less than half what the department requested.
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