lifenow

City council approves tax penalty deferrals

Story by Stacie Gaetz

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Photos by iStock

Airdrie City council recently voted to allow property owners experiencing financial distress to delay municipal and education tax payments from June 30 to Sept. 30 penalty-free.

“Public health is our most important priority,” said Mayor Brown.

“We know that many residents and businesses are suffering and their livelihoods have been incredibly impacted because of the COVID-19 pandemic. We hope that these relief measures will help those in our community that are currently struggling.”

Earlier this month, the Province of Alberta announced a freeze to education taxes at last year’s level and a six-month deferral on education tax payment for businesses from April to September. The Province asked municipalities to explore similar tax relief options.

“The City has lost a significant amount of revenue because of COVID-19 and property taxes are used to fund many essential City services,” said Shannon Schindeler, Manager of Treasury.

“That said, we are here to help property owners that may be struggling financially and we encourage residents or businesses to reach out to us.”

Administration encourages property owners not undergoing financial stress to continue to pay their taxes on June 30 or remain on the payment plan to avoid large catch-up payments in October.

Property owners who need to cancel their monthly tax payments can rejoin later in the year and their monthly payment amount will be recalculated at that time.

Taxpayers can discuss payment arrangements by contacting Taxation at 403-948-8856 or taxation@airdrie.ca.

Residents facing uncertain economic times and new financial challenges can access City of Airdrie financial support by clicking here.

Business owners looking for assistance can find information and resources here.