Residents Question St. Albert’s City Budget
Posted: Thursday, December 10, 2009
by Patrick Milligan
Prudential Spencer Real Estate
St. Albert's 2010 municipal budget was called into question by a vociferous group of citizens at a November 9 town meeting. Some 20 people in the audience at the Cornerstone Pentecostal Fellowship raised their concerns about the proposed "no-frills" budget. A 2.8 percent increase in municipal property taxes for residences has been proposed, with a tax increase of $75 per year for homes with a value of $400,000. Businesses would see an increase of 2.95 percent. The tax increase for a business valued at approximately $900,000 would be $291 each year.
One of St. Albert's reservoirs will need to be totally rebuilt in or around 2020, at a projected cost of $31 million. George Coon, a St. Albert resident for more than 50 years, advised that during those 50 years, he has seen little success in the city's ability to attract more businesses to attain a tax split of 80/20. Coon argued that St. Albert is now too pricey for the likes of average citizens, noting that as a retiree, he pays nearly $5,200 in property taxes.
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