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North Battleford city council approved a number of bylaws connected to setting the 2021 mill rates at their meeting Monday.
The bylaw to establish mill rate factors passed in three readings. That bylaw is in line with the one per cent increase in property taxes approved by council during the 2021 budget process.
The uniform mill rate is set at 14.752, up from 13.893 for 2020. The exact amount of the increase will vary from property to property, depending on the assessment.
For an average residential property of $153,190 with an average increase of 1.24 per cent, the impact is an increase of $29.39. For an average commercial property of $372,610 with an average decrease of 3.28 per cent, the financial impact is $269.78.
Also passing in three readings was the bylaw authorizing levying of the tax rate for the Business Improvement District; the levying of a base tax for the funding of UPAR for 2021 (Underground Pipes and Asphalt Replacement); and the bylaw amendment for levying a tax rate to vacant commercial properties.
According to a city memo, a press release will be issued by City Hall notifying that tax notices will be going out prior to July 31. The deadline to pay 2021 property taxes is Aug. 31.
