Your property taxes explained
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
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 $143 per year.
|Average Single Family Dwelling Taxes||2023||2022||$ in/decrease||% in/decrease|
|Municipal Tax Levy||$2,583||$2,487||$96||3.86%|
|Education & Rocky View Foundation requisitions||$1,275||$1,228||$47||3.83%|
|Total property tax bill||$3,858||$3,715||$143||3.85%|