Taxation & Assessment

Your property taxes explained

The taxation year runs from January to December.
Taxes on screen text with blue background

Property taxes support services and amenities that advance Cochrane's quality of life.

Your property tax contributes to municipal services, provincial education, and seniors' affordable housing. The municipal portion of your property taxes fund a variety of services that Cochrane residents rely on.

Every dollar contributed to municipal services funds: 

  • fire services and RCMP
  • community services 
  • public works 
  • planning & development 
  • engineering & asset management 
  • municipal enforcement
  • legislative, administrative and general government services 
The 2023 average single family dwelling assessment was $561,200. The municipal portion of property taxes, $2583, was distributed to community services, fire services, RCMP, public works, engineering and asset management, planning and development, municipal enforcement and legislative, administrative and general government functions. A pie chart demonstrates the portion of municipal property tax that was distributed to each of these areas and services.

In 2023, the average assessment increased by 13.21 per cent, with taxes increasing 3.85 per cent. This amounted to an average increase of $96 per year in municipal taxes and $47 per year in Provincial education and seniors’, totaling an additional $143 per year. 

Average Single Family Dwelling Taxes20232022$ in/decrease% in/decrease
Municipal Tax Levy$2,583$2,487$963.86%
Education & Rocky View Foundation requisitions $1,275$1,228$473.83%
Total property tax bill$3,858$3,715$1433.85%

Important Dates