Property Tax Rate

Tax rates for property assessments change annually and are determined by City Council in the spring.

*Properties annexed from Leduc County will use the lesser of Leduc County’s approved municipal tax rate for 2024 and the City of Beaumont’s approved municipal tax rate for 2024. For requisition taxes, annexed properties will use the City of Beaumont’s 2024 requisition tax rates.

** Tax Levy is calculated as follows:

Assessed Value ($) ÷ 1,000 × Tax Rate (in mills) = Tax Levy ($)

2024 Tax Rates (as per Bylaw 1045-24)

Municipal Taxes Assessment ($) Tax Rate (in mills) Tax Levy** ($)
Residential & Farmland 3,735,315,450 6.855653 $25,608,027
Annexed from Leduc County* 17,915,950 2.970000 $53,210
Annexed from Leduc County* 666,650 6.855653 $4,570
Budget for Supplemental Taxes & Adjustments $120,601
Total Residential & Farmland 3,735,315,450 $25,786,408

Municipal Taxes Assessment ($) Tax Rate (in mills) Tax Levy** ($)
Non-Residential 261,969,380 9.597914 $2,514,360
Non-Residential - Annexed from Leduc County* 3,183,840 6.700000 $21,332
Total Non-Residential 265,153,220 $2,535,692

Municipal Taxes Assessment ($) Tax Rate (in mills) Tax Levy** ($)
Total Municipal Tax Levy $28,322,100

Requisition Taxes Assessment ($) Tax Rate (in mills) Tax Levy** ($)
School Authorities - Residential & Farmland 3,753,147,050 2.332690 $8,754,929
School Authorities - Non-Residential 265,023,680 3.552742 $941,561
Leduc Regional Housing Foundation 4,018,170,730 0.045653 $183,442
Designated Industrial Property 23,426,800 0.076500 $1,792
Budget for Supplemental Taxes $44,776

Requisition Taxes Assessment ($) Tax Rate (in mills) Tax Levy** ($)
Total Requisition Tax Levy $9,926,500

Requisition Taxes Assessment ($) Tax Rate (in mills) Tax Levy**
Total Property Tax Levy $38,248,600

Related bylaws

File
2025 Property Tax and Supplementary Property Tax Bylaw

A bylaw to authorize several rates of taxation to be imposed for the 2025 taxation year.