City Council passes 2025 mill rate

Lloydminster, AB/SK – City Council passed the 2025 Mill Rate Bylaw during the May 20 Regular City Council meeting. The updated bylaw lowered both the residential and non-residential mill rate increase to 2.47 per cent from the 4.5 per cent budget approved in 2024.

Of the 12 Alberta municipalities Lloydminster is benchmarked against, the Border City sits middle of the group for residential and non-residential with the second-lowest residential property tax rate when compared to like-sized municipalities in Saskatchewan.

In Lloydminster, residential property owners will see an approximate $6.76 per month increase on a property valued at $250,000, and non-residential properties will see an approximate increase of $21.04 per month on a property valued at $750,000.

The total taxable assessment for the 2025 tax year is $5.05 billion (as of May 20, 2025), up from $4.82 billion the previous year. In 2025, with the assessment and the approved mill rate changes, the tax levy will collect an estimated $49,962,809 for municipal purposes. All work to be completed in 2025 was approved in the 2025 budget.

* Indicates percentage change between 2025 and 2024.

** The Seamless Education levy is a unique levy to Lloydminster that enables schools on both sides of the border to offer the same curriculum (e.g., driver training). The levy is set through an agreement between Council and the school boards, and the money received is remitted directly to the school divisions.

*** The Alberta and Saskatchewan governments require the City of Lloydminster to collect the education levy on their behalf based on Lloydminster’s assessment value. The mill rate is set by the provinces, and the money received is then provided to the local catholic and public school divisions for dispersal.

2025 Property Taxes and Payment Options

Property owners can opt-in to receive their assessment and taxation notices electronically. This paperless option will allow easy access to assessment and taxation documents on Virtual City Hall, reduce clutter around the home and reduce business costs associated with printing. Most importantly, switching to paperless will help protect the environment.

Payments can be made at:

• City Hall (cash, debit or cheque),
• a financial institution, or
• through online banking.

Once property owners have paid their 2025 property taxes, they can sign up for pre-authorized debit payments to get a head start on their 2026 property taxes.

2025 tax notices are scheduled to be printed and mailed or sent electronically on Friday, June 6, 2025, and are due upon sending. Under the Penalty Bylaw, the last payment date before penalties is Friday, July 25, 2025.

For more information, visit Lloydminster.ca/payments or LloydTaxes.ca.

Background

Council is required to pass a property tax bylaw annually under sections 302 and 319 of the Lloydminster Charter to set mill rates. These rates are calculated based on the required revenues determined during the budget process, the requisitions from the school divisions and the new assessment roll received from the City Assessor.

Approval of the bylaw is required to begin the levy process and ensure 2024 tax notices are delivered to property owners in a timely manner.