North Battleford city council took part in a special online meeting Monday to adjust the city's mill rate. (Angela Brown/battlefordsNOW Staff)

By Angela Brown

Special meeting

NB makes slight adjustment to mill rate inline with budget

Jul 25, 2022 | 3:54 PM

The City of North Battleford has approved a small adjustment to the mill rate to more accurately align with the tax increases previously approved for 2022.

Council originally adopted the 2022 property tax mill rates on July 18 to reflect a 5.11 per cent tax increase to the average assessed property, as approved in the city’s 2022 municipal budget.

However, finance director Brent Nadon said during his presentation at a special July 25 council meeting that administration has since discovered an issue with some property tax adjustments not being taken into account in the new mill rate calculations. This could end up with the city actually collecting too much revenue, which it wanted to avoid.

“This could potentially result in us collecting about 1.2 per cent more revenue than required,” Nadon said. “As we strive to model an open and accountable government, we are proposing a small change to mill rates to more accurately match our revenue with our budget.”

Nadon said the impact of the adjustment will be a reduction, or no change, to all but the multi-residential and personal-care-home subclasses, which will see a small increase.

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In giving a breakdown, Nadon said, as an example, for residential municipal taxes previously the impact on an average residential property was about a 4.35 per cent increase. That has been reduced now to a 3.8 per cent increase. Administration expects the average residential property to have an increase of just under $78. On the commercial side, it’s similar in that there is a downward movement for the rate. Instead of 3.94 per cent for the average increase, it now comes down to a 1.66 per cent increase. On average, a commercial property will pay approximately $136.39 more.

Administration also highlighted any differences in the residential/condo class, the multi-unit residential subclass, the personal-care-home subclass, and the commercial/industrial class which includes the commercial/industrial large retail subclass. Full details are available on the City of North Battleford website.

”The impact from what we’ve found is that all rates will go down or stay the same, other than the multi-unit residential subclass and the personal-care-home subclass which have a small increase,” Nadon said.

Council carried three readings and adopted the proposed bylaw to establish the new mill rate factors for the year 2022. As a result, tax notices will be mailed out this week. The deadline to pay property taxes is Aug. 31.

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Angela.Brown@pattisonmedia.com

On Twitter: @battlefordsNOW