Edmonton Faces Proposed 8.1% Property Tax Hike Amid Public Opposition
City council explores options to reduce the increase as residents express concerns over financial burdens.
- A city survey reveals only 16% of Edmontonians are comfortable with the proposed property tax increase for 2025.
- The proposed 8.1% hike is intended to maintain existing services and address a $34 million budget deficit.
- City administrators have suggested alternatives to reduce the increase, including increasing Epcor’s dividend.
- Mayor Amarjeet Sohi is working on a proposal to lower the tax increase while investing in key city services.
- City council will debate budget adjustments from December 2 to 5, considering public feedback and financial challenges.