| Assessments |
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Mail date for 2011 Property Assessment Notices The Provincial Government sets the legislative framework for property assessment in Alberta through the Municipal Government Act. In compliance with this legislation, the Town of Canmore delegates an Assessor to annually prepare assessments. This Assessor ensures that the assessment complies with the Standard of Assessment Regulation as set out in the Municipal Government Act. The Audit Branch of Alberta Municipal Affairs monitors assessments to ensure assessors have applied legislation properly and that assessments are prepared using the same value standards for all properties and that the resulting assessments are fair and equitable. The Town and Province use these values when they each calculate the municipal and education portions of the total property tax levy. Understanding your 2011 Property Assessment Notice Market value, as defined in the Municipal Government Act 1(n), means the amount that a property might be expected to realize if it is sold on the open market by a willing seller to a willing buyer. Market value assessments are calculated by using mass appraisal techniques that determine property values by grouping similar properties as of a specific date.
The purpose of assessment is not to reflect a single sale price but to assess all properties at typical market value on the same valuation date so that taxation is fairly and uniformly shared. The assessed value as shown on your 2011 Notice is based on July 1, 2010 economic conditions and the physical condition and characteristics of the property as of December 31, 2010. With this in mind, please compare your 2011 assessed value to the market conditions as of July 1, 2010 and not to current market conditions.
Your Assessment Notice is not your tax bill.
Assessment value is used to calculate your property tax levy using the following formula: assessed property value X tax rate = tax levy.
2011 Municipal Tax rates will be set by your Town Council in May. The Education Tax requisition is set by the Province.
Annual Tax Notices will be mailed in late May with a payment due date of June 30th.
Customer Review Period: 60 days after date of mailing. Your opportunity to get your questions answered. The Customer Review Period is your opportunity to review and ensure the fairness of your 2010 market value property assessment (used for 2011 property tax purposes) and to learn more about how your assessment was determined. Remember, your assessment is the basis on which your property taxes are calculated. An assessed person is entitled to see or receive sufficient information about that person's property in accordance with Section 299 of the Municipal Government Act or a summary of an assessment in accordance with Section 300 of the Act, or both. Reviewing the 2011 Assesment Notice means looking at the assessed value displayed on the Notice and being satisfied with the market value of the property given Canmore's real estate market as of July 1, 2010.
The Assessment Roll is a listing of the assessed value of all properties within the Town of Canmore for the period shown. The 2009 and 2010 Assessment Roll links below reflect assessed values as of the date of the document. The 2011 Assessment Roll link will direct you to the Town of Canmore Online Services website. Enter the address of the property, click on 'Perform Property Search' then click on 'Assessment Inquiry'.
A copy of the complete 2011 Assessment Roll with more detailed assessment information may be viewed in person at the Town of Canmore Civic Centre location.
Customer Review Steps: Step 1: ask yourself the following:
Step 2: if you have questions, contact the Assessor, Frank Watson at Filing a Complaint: * You can correct this information without filing a complaint by emailing details to This e-mail address is being protected from spambots. You need JavaScript enabled to view it or faxing to 403-678-1524. A complaint form and/or assessment complaints agent authorization form may be downloaded from: http://www.municipalaffairs.alberta.ca/documents/as/LGS1402.pdf Alternately, contact the Tax Officer at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 403-678-1506 to have a form forwarded to you. Submit the completed complaint form, along with the applicable fee, on or before the final date of complaint as shown on the Assessment Notice to the: Assessment Review Board Attn: Manager of Financial Services 902 7th Avenue Canmore, AB T1W 3K1 Complaint Fee Schedule: Residential - Single-family Dwelling $50 per roll Non-Residential or Residential - Multi-family (over 3 units): With an assessed value up to $250,00 $250 per roll With an assessed value between $251,000 and $500,000 $500 per roll With an assessed value of $501,000 and over $650 per roll Appeal fees will be refunded if the Assessment Review Board decides in favor of your appeal. It is important to note that, if you have submitted an assessment appeal and are awaiting a decision, you are still obligated to make your property tax payment by the due date. The Assessment Review Board The purpose of the assessment review board is to ensure that there has been a correct, fair and equitable assessment. The board is appointed by Town Council to hear your evidence as well as information presented by the assessor. If you file a complaint, a hearing will be scheduled and the Notice of Hearing sent to you. Upon hearing the arguments presented, the Assessment Review Board will either lower, raise, or confirm your assessment. The decision will be delivered in writing to all parties concerned. The Government of Alberta Municipal Affairs offers informative brochures to help you understand assessment procedures. To review these documents visit their website at: http://municipalaffairs.alberta.ca/mc_property_assessment_and_taxation.cfm
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