How are my taxes calculated?

The Budget process develops the cost of all services provided to the residents of Bruderheim. Your Town Council reviews all services and directs administration as to the levels of service that are adequate to ensure that residents are well served.

The costs of the services residents want and enjoy determine the taxes required!
The total tax dollars required are then divided by the total property values in Bruderheim to determine the 'tax rate'.  This rate is applied to all assessed values to determine taxes payable.  The main increase in taxes is typically due to inflation on the services provided.  Alberta municipalities have seen double digit inflation over the last 5 years, making it challenging to provide services at a low cost.

Assessed Value x Tax Rate = Taxes Payable