Chestermere property owners will see an increase in their education property taxes in 2025, as the Alberta government lifts a previous freeze and adjusts rates to meet growing funding needs in the K-12 education system.
Education taxes form a key portion of the property taxes collected by municipalities across Alberta. These taxes, combined with general provincial revenues, create a stable two-stream funding model that supports schools throughout the province. Every year, the province calculates each municipality’s contribution based on property assessment values. Municipalities, including Chestermere, collect the education property taxes from homeowners and businesses and forward the funds to the province.
According to the recently released Budget 2025 documents, the education property tax requisition for the City of Chestermere will rise significantly—from approximately $13.37 million in 2024 to $17.3 million in 2025. This represents an increase of roughly 29%.
Municipalities across Alberta are facing similar increases, although the exact impact varies based on property type, location, and assessment values.
The preliminary 2025 tax rates for Chestermere are as follows:
- Residential and Farm Land: 3.248244% municipal tax + 2.326731% education tax
- Non-Residential Properties: 7.238802% municipal tax + 2.73302% education tax
- Residential Vacant Land: 7.64662% municipal tax + 2.326731% education tax
To put this into perspective, a Chestermere homeowner with a property assessed at $780,000 in 2025 will pay roughly 5.6% of their home’s value in total residential property taxes. Of this amount, approximately 2.3%—equating to around $1,814—will be directed toward education. Comparatively, in 2024, a home valued at $700,000 would have seen about 5.4% of its value in taxes, with about 2.1%, or $1,492, going toward education funding.
Education property taxes play a crucial role in maintaining Alberta’s education system, which is foundational to building a skilled workforce, driving economic growth, and fostering strong communities. The province notes that investment in education benefits all Albertans—not just families with school-aged children—by strengthening the social and economic fabric of the province.
Chestermere residents looking for more details about the changes can review the full provincial budget at alberta.ca/budget.aspx.
