Cochrane property tax bills on the way

Cochrane property tax bills on their way with homes in the background and text in front

(Cochrane, AB) – Starting this week, Cochrane property owners can look for their property tax bill, as 16,808 residential and non-residential 2024 property tax bills have been mailed out as of May 30. Property tax payments are due in full by Sunday, June 30 to avoid any late payment penalties.

Residents may not be aware that the funds collected through property taxes are split between supporting municipal services and supporting provincial education, with 65.1% allocated directly to the Town of Cochrane to provide municipal services, 33.8% allocated to the Government of Alberta, supporting education and 1.1% allocated to support seniors housing. 

“Your property taxes directly support the municipal services that are provided to residents which include parks and pathways, Family and Community Support Services, roads, fire services and policing,” explained Alvin Allim, Director, Financial & Information Technology Services and CFO, Town of Cochrane. “It’s important to recognize that more than a third of the property taxes collected are allocated to the Province to support provincial education and seniors' affordable housing through the Rocky View Foundation.” 

Cochrane offers a variety of payment options, including the installment payment program (TIPP). TIPP is a popular program which allows you to pay your property taxes on a monthly basis instead of one payment in June, making budgeting easier and removing the risk of a late penalty payment. Property owners can register for TIPP

Property owners can contact Cochrane's tax department with any questions or inquiries at taxes@cochrane.ca or call 403-851-2288.

Financial assistance is available to assist eligible seniors through the Cochrane Family and Community Support Services (FCSS) and the Seniors Property Tax Deferral Program (Government of Alberta). 

To learn more about property tax payment options, how Cochrane invests property taxes, and payment support programs, visit the Taxes & Assessments page.

 

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