The majority of revenue the town receives is through municipal taxes. Here's the breakdown for this year:
And here is where the town spends their revenue:
In Alberta, property assessments are based on the market value of your property. Market value is the price a property might reasonably sell for inadequate time and exposure to the housing market. There are characteristics of your property that are taken into consideration during the assessment such as size, type, location, style, condition, lot size, and upgrades.
Disagree with your property assessment?
**Please note that taxes cannot be disputed, but assessments can***
All property owners are entitled to information regarding the assessment of their property. If you have any concerns or questions regarding your assessment, book an appointment with the Town's assessor. The Town of Nanton is required to use a third party assessor, as mandated by the Municipal Government Act. We use Benchmark Assessment Consultants Inc.
To book your appointment, contact Benchmark Assessment Consultants at toll-free at 1-800-633-9012.
If you are still not satisfied with your assessment, you have the right to file a complaint to the Assessment Review Board Clerk at the Town Office. Please note, property owners have 60 days for the date of the Tax Notice to file a complaint. The appeal deadline for the 2016 Property Assessment is July 14, 2017.
The tax rate is set based on the amount of revenue needed for the Town's budget. Your assessed property value, Alberta School Requisition Fund (School) and Seniors Requisition Fund (Seniors) are all added to equal your total property taxes for the year.
ASSESSED PROPERTY VALUE X TAX RATE/1000 = TAXES OWED
TAXES OWED + School + Seniors = TOTAL TAXES TO BE PAID
Municipal Tax Rate
All Property Taxes are due on or before June 30, 2017.
Seniors Property Tax Deferral Program
Eligible seniors in Alberta may apply for the Seniors Property Tax Deferral (SPTD) to defer all or part of their annual property taxes through a low-interest how equity loan. If you would like more information, please contact Ministry of Seniors at 1.877.644.9992 or visit them at www.seniors-housing.alberta.ca.