Taxation
Important 2021 Dates
| Date | Item |
|---|---|
| January 1 | 15% Penalty applied on all outstanding taxes |
| January 21 | Assessment Notices Mailed |
| January 29 | Notice of Assessment Date |
| January 29 - March 30 | 60 day review period |
| March 30 | Final date to file a complaint |
| May 28 | Property Tax Bills mailed |
| June 30 | Property tax payments due |
| July 1 | 7% Penalty applied on all outstanding current taxes |
| October 1 | 8% Penalty applied on all outstanding current taxes |
Property Assessment and Taxes
Property assessment notices are sent to property owners at the end of January each year.
The property taxes each resident pays is calculated in proportion to the value of the real estate property they own. Determining the value of a property for taxation purposes is known as assessment. Assessed values are a means of fairly distributing the town tax burden and ensuring that each property owner pays a fair and equitable level of tax. Find out how your property assessment is determined.
As assessment values vary between individual properties and between communities, your municipal tax changes may be higher or lower than the average.
See a sample tax bill - updated each year in May
The municipal tax portion of the property tax bill in 2020. will increase by 0.14% on the average single-family home, assessed at $470,100. Actual property tax amounts will vary depending on assessed value. This will result in an increase of $5.00 in municipal property taxes per month on the average single-family home. (see table below).
On the annual property tax bills, the Town also collects provincial education taxes and the Rocky View Foundation requisition to support the Big Hill Seniors Lodge. As a result of the recent election, the Province has not yet provided the requisition amount for education taxes. This amount will be provided to Alberta municipalities in the fall. Any required corrections will be reflected in the 2021 education taxes amount.