Calculating Property Tax
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.
Municipal Tax Rate
Mill Rate 2022 2023 Residential 12.7657 12.0919 Non-Residential 17.1917 16.2666
*All unpaid property taxes are subject to a 9% penalty on July 1st, of the current year.
Any outstanding balance on a tax account unpaid by January 1st of the current year is subject to an additional 18% penalty.
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***
|2023 Brochure from ORRSC|
TIPP (Tax Installment Payment Plan)Struggling to make your annual tax payment in June? The TIPP may be a wonderful alternative for you. We debit your bank account in twelve equal monthly installments so you don't have to save up for your taxes every year.
Application and further information is available to download in the right column on this page. The TIPP program is governed by the TIPP bylaw.
For more information on TIPPs, see the brochure. To apply for TIPPs, see the application form.
Requesting Property Tax Roll Information
New section coming soon!