City of Leduc approves property tax rate for 2026

LEDUC -- The City of Leduc has approved a 6.3% municipal property tax decrease for 2026.

This marks the municipality's largest decrease in the residential property tax rate in six years. For 2026, the tax rate for residential properties is 0.006775, which is down from 0.007233 in 2025. Leduc Mayor Lars Hansen says the decrease is mostly the result of the municipality's continued growth.

"There's been a considerable amount of growth across the City of Leduc," said Mayor Hansen. "Additionally, there was some careful financial planning by our administration and council that allowed us to get that lower. We're planning sustainably for the future." 

In 2026, property taxes will make up approximately 46 per cent of Leduc's total revenue. The remaining revenue will come from government grants, utilities, service fees, rent, interest, and penalties. Hansen says that their motivation behind lower property taxes stemmed from what they heard from residents during the last civic election that was held at the end of October.

"Council has heard from residents that affordability is a large concern for them, so we looked at things that we could control in terms of property taxes, and tried to create some affordability that way," said Hansen. "Coming fresh off the campaign trail, I think all seven of us heard that residents were concerned about affordability, so that was the main consideration that went into this." 

Notices are based on each property's assessed value, which is determined by a third-party assessor. As assessed values change from year to year, individual tax amounts may increase or decrease -- even when the tax rate has decreased.

Despite the decrease in the residential tax rate for this year, members of the public can still expect to see a rise in costs associated with the province's education taxes. This year, the City of Leduc is required to collect approximately $26.5 million from property owners for provincial education, an increase of about 13 per cent from last year.

"That's something that we can't control," said Hansen. "I mentioned the things that we can control, which is the residential property tax rate, but 27 per cent of that total property tax revenue is provincially set through the education tax."

Property tax notices will be issued on May 15, and payments are due by June 30, 2026, unless you're enrolled in the Tax Installment Payment Plan.