Town of Devon Council approves 2025 tax rates
   
> News & Publications > Community News

Town of Devon Council approves 2025 tax rates

Town of Devon Council approves 2025 tax rates
16
Community Events

Average residential property will see estimated combined increase of $324/year

Devon’s 2025 Tax Rate Bylaw was approved by Council at their April 28, 2025, Council Meeting.

For the 2025 Budget, a residential property with an average assessed value of $370,000 will see an estimated combined property tax increase of about $324 per year — or approximately $27 per month. This increase includes the municipal property tax portion as well as the Provincial Education Requisition, and the Leduc Regional Housing Foundation (LRHF) Requisition.

 

Breakdown of Property Tax Assessment for assessed value of $370,000

Municipal Property Tax

~$132/year increase

Provincial Education Requisition (collected on behalf of the province)

~$165/year increase

Leduc Regional Housing Foundation Requisition

~$27/year increase

 

Understanding Property Assessment

Property taxes are based on the market value of your property as of July 1 of the previous year, as regulated by the Province of Alberta. Property assessments ensure that taxation is distributed fairly among all property owners.

To fund the 2025 Municipal Budget, Devon households will see an increase of $36 per $100,000 of assessed property value on the municipal portion of their property taxes or $132 per year for a property with an average assessed value of $370,000.

Other Taxing Authorities

In addition to municipal taxes, Devon also collects taxes on behalf of the provincial government and regional housing providers. These portions are outside of the Town’s control.

Provincial Education Requisition

  • This requisition funds Alberta’s public and separate school systems for grades 1–12. Collected taxes are distributed across school boards.
  • In 2025, the Provincial Education Requisition for the average house ($370,00 assessed value) will increase by about $165 per year.

Leduc Regional Housing Foundation Requisition

  • The LRHF provides affordable and supportive housing services to residents across the Leduc Region, including Devon.
  • In 2025, the LRHF requisition for the average house ($370,00 assessed value) will increase by about $27 per year.

Both requisitions will appear separately on your 2025 Property Tax Statement

2025 Budget Notable Items

Key factors contributing to the municipal tax increase include:

  • Increased municipal election costs due to changes to the Local Authorities Election Act
  • Enhanced cybersecurity services to protect the Town from external cyber threats
  • Increased investment in fire services to maintain high standards and support recruitment and retention
  • Increased transfers to capital reserves to support future infrastructure projects
  • Ongoing inflationary pressure impacting daily operational costs

“Planning for Devon’s future has been at the heart of every budget this Council has supported, and this year is no exception,” said Mayor Craddock. “We’ve remained committed to growing our town thoughtfully – building our reserves, investing in our community, and working closely with Administration to bring our vision of a prosperous and resilient Devon to life. I’m incredibly proud of what we’ve accomplished together over the past four years, and of the strategic path we've set to support long-term success and sustainable growth.”

Tax Notices and Payment Information

Property tax notices will be mailed out to residential and non-residential property owners by May 31.

Payment is due on or before June 30, and can be made:

  • In person at the Town Office at 1 Columbia Avenue West, Devon, AB
  • Our pre-authorized plan (PAP) to make convenient monthly payments.
  • Electronic payments - note, not all financial institutions have the same payment deadlines. Please ensure you check with your financial institution for cut-off and processing times.
  • Postdated cheques may be dropped off with the detachable portion of the tax notice at the Town Office between 8:30 a.m. and 4:30 p.m. at reception or after hours in our drop box.

If you have not received your tax notice by Friday, June 6, please contact the Town Office at 780-987-8300.

Learn more about your property tax notice at devon.ca/property-tax.

Share

Print

Finding what you're looking for? If not, try a Search

Featured Sections

The Town of Devon acknowledges the land we are on, Treaty Six territory and the homeland of the Métis, which encompasses the traditional lands of the Cree (nehiyawak), Blackfoot (niitsitapi), Nakota (isga), Anishinaabe (anishinaabeg), and Métis (michif) Peoples, who are the legal caretakers and protectors of the lands and waters, and who have been here since time immemorial.

We acknowledge that Devon is within the traditional lands and territories of kiskayôs (Bobtail) and maskêkosihk (Enoch Cree) First Nations. We shall continue to uphold our Treaty responsibilities to all Peoples of Treaty Six and continue to work with all Indigenous Peoples towards a better future together.

Get our Newsletter

Stay informed and get the latest news on whats happening in Devon. the "Our Devon" newsletter is published quarterly. Provide your email address and we'll let you know when each new edition comes out.

Sign up for our Newsletter

Get Our Devon News by Email

Contact Us

Municipal Office Contact
Town of Devon Municipal Office
1 Columbia Avenue West
Devon, AB T9G 1A1

 Phone: 780-987-8300
 Fax: 780-987-4778
 Google Map: View Large Map

Follow Us! We'd love to hear from you.

Terms Of Use | Privacy Statement Copyright 2025 © Town of Devon
Login | | Built with by WebmontonMedia