Property taxes are going up slightly in Coaldale.
Council has approved a 2.85 per cent increase, passing a second and third reading of the Town’s 2025 Property Tax Bylaw.
Officials say the increase means that for the average residential property in Coaldale, assessed at $366,000, taxes will go up by $204 a year, or $17 a month. The Town adds that almost two-thirds of that increase comes from provincial requisitions for education and seniors housing downloaded onto residents from the Alberta government and Green Acres Foundation. However, residents are set to pay six per cent less in annual municipal property taxes than those in the town’s neighbour of Lethbridge.
On the business side of things, Coaldale’s non-residential municipal mill rate is set to go up by 3.2 per cent.
“As a Council, we remain committed to keeping property taxes as low as possible in order to attract new residents and support the continued growth of our commercial and industrial sectors,” says mayor Jack Van Rijn.
“Still, like many municipalities in our province, Coaldale continues to face increased costs related to inflation, infrastructure maintenance, and service delivery.”
The adjustments made in the Town’s 2025 Property Tax Bylaw therefore strike a careful balance between addressing these pressures and keeping our tax environment competitive—especially for local businesses,” the mayor adds.
“This approach ensures we can continue to invest in the services, programs, and amenities our residents expect, while also supporting long-term economic growth and stability.”
The 2025 Property Tax Bylaw can be read at the Town of Coaldale website.
