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.

The Alberta Government sets regulations, legislation, guidelines and quality parameters which determine assessment procedures throughout the province.

Farmland is assessed by regulation based on the agricultural productivity of the land.  The current maximum assessment for farmland in this County is $227.50 per acre for dry land and $382.50 per acre for irrigated land.  The maximum values provincially are $350/acre for dry land and $450/acre for irrigation.

Residential and Commercial Property is assessed by market value. This is determined by the mass appraisal comparative sales approach. In this approach numerous sales of comparable property are used to determine value.

Pipelines, power and communication lines are assessed by provincially regulated rates. Oil, gas and manufacturing plants are assessed according to their cost to construct.

Mill Rates:

For more information contact Assessor, Alvin Cruickshank or Tax Roll Clerk, Charmaine Karl at the County Office, 403-867-3530. 

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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.

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