Cochrane town council is expected to put through a residential property tax rate increase of 9.85 per cent on Monday, May 9.

If the recommendations of town administration are accepted, property taxes will rise by $224 for an average single-family home assessed at $495,700.

Education and the Rocky View Foundation taxes on an average home will be $1,228, an increase of $11 or 0.90 per cent.

Tax notices will be issued before May 31 and will be due without penalty on or before June 30.

Cochrane has a higher residential municipal tax rate than Airdrie, Calgary, Chestermere, and Rocky View County, and it's lower than Strathmore and Okotoks.

Town utility increases also went into effect on Mar. 1. The average home will be charged an additional $81.60 annually to support the costs associated with water and wastewater services, waste and recycling collection, and the operation of the Cochrane Eco Centre facility.

Town council approved the 2022 budget in late November.