Regional Competitive Analysis Characteristic City of Leduc Leduc County Population (2010) 23,293 13,260 Population Growth (2005-2010) 49% 218% 2010 Municipal Tax Rate Residential/Farmland - 6.18% Residential Farmland 3.00% – Comparison Non-Residential 9.97% Non-Residential 7.14% – – 2010 Residential, Non-Residential 74.5% Residential 34.4% Residential and Machinery & Equipment 25.3% Non-Residential 63.3% Non-Residential Assessment Share Comparison 0.2% Machinery & Equipment 2.3% Machinery and Equipment 2009 Residential, Non-Residential $30.6 million $44.7 million and Machinery & Equipment 64.5% Residential, 35.5% 21.7% Residential, 76.3% Property Taxation Revenues 2.1% Machinery & Equipment Vacant Serviced Industrial Land 53 56 Available for Sale/Lease (Net Ha) Total Vacant Designated Industrial 526 890 Lands (Net Ha) Average Serviced Vacant Industrial $402,000 $328,000 Land Price ($/acre) Permitted Use Flexibility to Refer to Appendix B Accommodate Business Growth in Specific Sectors
Regional Competitive Analysis Characteristic City of Leduc Leduc County Population (2010) 23,293 13,260 Population Growth (2005-2010) 49% 218% 2010 Municipal Tax Rate Comparison Residential/Farmland - 6.18% Non-Residential – 9.97% Residential Farmland – 3.00% Non-Residential – 7.14% 2010 Residential, Non-Residential and Machinery & Equipment Assessment Share Comparison 74.5% Residential 25.3% Non-Residential 0.2% Machinery & Equipment 34.4% Residential 63.3% Non-Residential 2.3% Machinery and Equipment 2009 Residential, Non-Residential and Machinery & Equipment Property Taxation Revenues $30.6 million 64.5% Residential, 35.5% $44.7 million 21.7% Residential, 76.3% 2.1% Machinery & Equipment Vacant Serviced Industrial Land Available for Sale/Lease (Net Ha) 53 56 Total Vacant Designated Industrial Lands (Net Ha) 526 890 Average Serviced Vacant Industrial Land Price ($/acre) $402,000 $328,000 Permitted Use Flexibility to Accommodate Business Growth in Specific Sectors Refer to Appendix B