With High River still recovering from the 2013 flood, 2015 property taxes are all over the map.

Chief financial officer with the Town, Tom Maier, says overall, taxes are going up by 4.5 per cent for residential and 6.7 per cent for commercial, but because each property is in a different stage of recovery, residents could see their taxes go either up or down, depending on their circumstance.

"We have some properties that have been repaired and maybe they did enhancements or upgrades to their homes, and maybe that's been reflected in their property values, and that could see a greater than average increase to their properties," Maier says. "Whereas other properties may not have finished their basements or they are still in some stage of repair, and they might see a decrease."

He says the loss of Wallaceville, and other homes that have been torn down throughout the community are having an impact on property taxes as well.

"And we also have a lot of development happening here in High River that's going to bring new assessment and bring new tax dollars in," Maier says. "But it's going to be a slow transition over the next year or two before we're back to normal."