Focused on Affordability, Stability, and Long-Term Stewardship
Chestermere, AB – City Council has approved Chestermere’s 2025 Final Operating Budget, reaffirming its commitment to affordability, transparency, and responsible long-term financial planning. While many residents will see an increase in their property tax bills this year, the City’s municipal residential tax rate remains unchanged at 3.25%, and no funds will be drawn from reserves to offset provincial pressures.
“We know this is a tough time for families,” said Mayor Shannon Dean. “Residents are feeling the squeeze with inflation, higher property assessments, and provincial education taxes. Council made the decision to hold the line on our side. We are protecting services without raising municipal taxes, and we’re planning responsibly for Chestermere’s future.”
Understanding What’s Driving Tax Increases
Most residents will see an increase in their total tax bill this year, not because of any decision by Council, but because of:
- A 14% increase in assessed property values, based on July 2024 market conditions.
- A $4.2 million increase in provincial education taxes, which the City is legislatively required to collect and remit.
Despite these pressures, Chestermere continues to have the lowest residential municipal tax rate of any city in Alberta.
On a home assessed at $500,000, approximately $1,624 goes to the City of Chestermere, while $1,066 is directed to the Province for education taxes.
What Your Taxes Support
The 2025 budget ensures continued investment in key services, including emergency response through Fire Services, RCMP, and community peace officers, as well as day-to-day operations like road maintenance and snow clearing that keep the city running smoothly.
In addition, Council has directed $863,000 in savings to be reinvested in the community. These funds will support initiatives that enhance residents’ quality of life, including recreation and other local priorities. With economic uncertainty still ahead and growing community needs, this reinvestment reflects Council’s commitment to thoughtful planning and long-term value for residents.
“This is a budget that reflects who we are,” said CAO Kent Edney. “Council has kept taxes low, protected core services, and reinvested in the things that make Chestermere a great place to live. That is a strong position to be in, and it reflects the kind of stability and care we’re committed to maintaining.”
Accountability and Advocacy
Council has formally asked the Province to take responsibility for the impact of education tax increases on municipalities and residents.
“We’re standing up for our community,” said Mayor Dean. “We’ve asked the Minister to explain why this year’s requisition jumped so dramatically, and to work with us on long-term affordability.”
Need Help Understanding Your Tax Bill?
If you have questions about your tax notice or property assessment, help is available:
· Visit thecityofchestermere.ca/residentialservices/taxes for assessment and billing information
· Contact taxes@chestermere.ca or call 403-207-7057 for direct support
Learn More
For the complete City of Chestermere 2025 Operating and Capital budgets, please visit our website at: https://thecityofchestermere.ca/cityhall/budget/