Property taxes support services and amenities that advance Cochrane's quality of life.
Where do your taxes go?
Your property tax contributes to municipal services, provincial education, and seniors' affordable housing. The municipal portion of your property taxes funds a variety of services that Cochrane residents rely on, including:
- parks, playgrounds and pathways
- protective services such as police and fire protection
- year-round roadway maintenance, including street sweeping and snow clearing
- and much, much more!
Alberta Land Titles Delays
Due to processing delays at the Province of Alberta Land Titles Office, if your property was purchased in 2022, ownership and mailing address changes may not be reflected on the property tax bills mailed in May. Property Owners that have not received your property tax bill by June 7th, please email email@example.com.
If you moved, purchased or built a home, connect with the Town of Cochrane to pay your property taxes before June 30.
Non- receipt of the Cochrane property tax bill does not exempt homeowners from late payment penalties.
Property tax bills will be mailed May 30 and are due on June 30.
Break up your bill with Cochrane's Tax Installment Payment Plan (TIPP) or learn more about available payment methods.
Please note: If you own a condominium, you may receive a separate tax bill for your parking stall(s) or storage unit(s).
2022 Property Assessment and Tax Allocation
The average residential property saw an increase in assessed value – from $455,900 to $495,700 – and will experience a $224/year or $18/month increase in municipal taxes. As assessment values vary between individual properties and between communities, most property owners will have tax changes that are either higher or lower than the average. This reflects a 6.75% tax increase.
Of the residential property taxes collected, 66.9% supports municipal funding, 32.5% supports Provincial education (Alberta Education Fund), and 0.6% supports the Rocky View Foundation (to support Big Hill Seniors Lodge in Cochrane.
|Average Single Family Dwelling Taxes||2022||2021||$ in/decrease||% in/decrease
|Municipal Tax Levy||$2,487||$2,263||$223||9.85%|
|Education + Rocky View Foundation requisitions||$1,228||$1,217||$11
|Total property tax bill||$3,715||$3,480||$235||6.75%|
Property Assessment and Taxes
If you recently bought a new home, you may receive a supplementary assessment/tax bill in November.
Supplementary tax bills will be mailed October 21, 2022. Final complaint date is December 30, 2022 and due date is December 31, 2022. You can check details of your account anytime at cochrane.ca/eServices.