Rimbey residents have the chance to get a break on the municipal portion of their tax bill this year if they decide to pay early.
Property owners who prepay this year’s tax bill in January or February (before the actual tax bill is received) will receive a two-per-cent reduction. The prepaid amount (determined by last year’s taxes) will be deducted from their 2013 tax bill when it is finalized.
Town CAO Tony Goode said the “two-per-cent solution” will help people save some money on their tax bill.
“It is a good deal, but not as many people take advantage of it as you would think,” he said.
Assessment notices will be sent out before tax bills this year, he said. “It will give those who wish to appeal more time.”
Goode would not speculate on the amount of taxes this year, noting many factors need to come into play to determine the final cost.
Last year the municipal portion of the tax bill on an average home was $1,233.76, the school portion amounted to $439.95 and Rimoka Seniors Foundation charges were $17.69.
Last year’s residential mill rate was 9.17, a 4.4-per-cent increase from 2011. The non-residential mill rate was 12.07.