At its May 12 meeting, Town of High Prairie Council rescinded its previously passed motion from April 14 which would apply a vacant property tax property tax factor of 2.0 to vacant residential and 2.5 to vacant non-residential properties.
The Town earlier stated, the objective of the now rescinded increase would help ensure fairness in the tax system, help provide relief to residents and businesses occupying, utilizing and investing in their properties, while encouraging the productive use of land and buildings.
As a result, vacant property tax factors will not be implemented for the 2026 taxation year.
However, the new $700 minimum baseline municipal property tax, regardless of assessed value, will still be implemented. Officials say the new baseline will help create a more stable revenue stream and ensure every property contributes to essential services.
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