Cypress County Alberta Easy Move Toolkit

Taxes

Residential property taxes are definitely a factor to consider when relocating. Although taxes vary depending on the community, Albertans pay low provincial and municipal taxes, overall, in Canada.

Residential/Farmland*	2005 Taxation Year
Municipal	2.9064
Education - Alberta School Foundation Fund Tax Rate	2.3731
Seniors Lodge Accommodation Tax Rate	0.0963
Non-Residential
Municipal	2.9064
Education - Alberta School Foundation Fund Tax Rate	3.6428
Seniors Lodge Accommodation Tax Rate	0.0963

Mill Rates (2009)

Residential – 5.3758
Non-Residential – 6.6455
Linear – 6.6455
Machinery and Equipment – 3.0027

Additional Information:

Property tax is either provided as a percentage or as a millage rate. A mill is one-thousandth of a dollar. To calculate the property tax, the assessed value of property is multiplied by the mill rate and then divided by 1,000. For example, property assessed at $100,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $2,000 per year.