What the Final draft budget means for your 2026 taxes
If approved later today Lloydminster residents are being asked to absorb a 4.08 per cent municipal tax increase under the City’s draft 2026 budget. The proposed rate is slightly higher than the 3.9 per cent increase previewed earlier this month. Administration says the increase is driven by inflation, protective services spending and higher debt repayment costs. The budget also reflects lower revenue from fines, enforcement and reserve transfers. What it means for the average homeowner A 4.08 per cent increase would add roughly $95 to the annual tax bill for an average residential home assessed at about $300,000. The exact
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