Property taxes are affected by four factors:
- A change in the Provincial Education tax required by Alberta Learning and distributed to the Public and Separate School Boards
- A change in the tax requirements of the Ridge Country Housing Authority necessary for the operation of their senior facilities and supports.
- A change in the Village’s overall budget to meet the demands for Village services.
- A change in your property’s assessed market value if it is higher or lower than the average change in property values Village wide.