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Edmonton city counciledmontonjournal
•69% Informative
Edmonton is proposing an 8.1 per cent tax hike for 2025 , which would increase the typical homeowner’s bill about $62 for every $100,000 of their assessed value.
Edmonton has posted annual deficits in the past but they were rare and small, a few million at most.
In 2023 , the city finished $40.1 million in the red, followed by another projected shortfall of $34.4 million this year .
Council held an extensive discussion on this fiscal gap last month .
Multi-pronged strategy is in the works to boost revenue, become more cost efficient, and better prioritize infrastructure dollars.
It's going to take years , require help from other orders of government and cause pain to Edmontonians in the meantime.
VR Score
76
Informative language
75
Neutral language
40
Article tone
informal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
12
Source diversity
7