Assumes 1% of property tax ≈ $22.5M · avg home city tax $3,813 · pop 1,284,000
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| Avg Home | Per Capita | |
|---|---|---|
| Daily | — | — |
| Monthly | — | — |
| Yearly | — | — |
The math behind the numbers
Every budget debate comes down to one important number: 1% of property tax ≈ $22.5 million.
So any dollar amount ÷ $22.5M tells you its share of property tax.
(Going into 2027, due to inflation and growth, that number may end up being $23.5M or $24M ≈ 1% of property tax.)
The per-capita column divides the amount across all 1,284,000 Edmontonians. Just a neat bit of trivia and perspective.
Your property
Your assessed value × the 2026 city rate ($774.19 per $100,000 residential, $2,522.16 per $100,000 non-residential >> that's called the mill rate!) estimates the city portion of your bill, and the item's share of that is your cost.
Your assessed value is on your tax notice (city typical is $492,500). You can enter your own property's assessed value to see your specific share.
That's one of the uses of the tool: a "$20 million" headline sounds enormous, and it is real money ... but on your bill it's about $2.96 a month. Scale is the whole story.
Roughly every $100M borrowed costs about $8M per year in operating debt payments. That's the annual cost you'll see added up in the totals.
Once the loan is paid out, it comes off the tax bill entirely.
For more on this, go to aaronpaquette.ca and check out Part 9 of 10.
Change the defaults
Residential rate per $100K is derived automatically from the average residential property figures. Shorthand (25m, 1.2b) works in every field. That's my favourite part!