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Property tax hikes approved in Lethbridge
LETHBRIDGE, AB – Property owners in Lethbridge will find themselves paying a bit more in taxes this year.
City Council voted during the Tuesday, May 14, 2024 meeting to approve its 2024 Property Tax and Supplementary Property Tax Rate Bylaw.
The municipal portion will increase by 5.1 per cent this year, in line with the previously-approved annual increases in 2023-2026.
The provincial education tax levy is set to go up by an average of 6.04 per cent. That includes a 7.26 per cent jump for residential property owners and 2.82 per cent for commercial and industrial.