PROPERTY ASSESSMENT AND TAXATION INFORMATION
At the April 26, 2016 Council meeting, Council passed the 2016 Tax Rate Bylaw.
2016 PROPERTY TAXATION NOTICES
Town of Didsbury Notices were mailed on May 12, 2016
Taxes were due on June 30, 2016
First penalty applies on July 4, 2016
Exception for Annexed Properties only; due date is September 15, 2016
If you have not received your Property Taxation Notice
please contact the Tax Department at 403.335.3391 ext.1107
Those residents on the payment plan are still on the T.I.P.P (tax installment payment plan).
Your notice shows:
- a balance owing as of May 2016, the generation date.
- what you are currently paying as well as the new amount scheduled to pay as of July 31, 2016 for the next 6 months.
For those residents not on the payment plan, the notice shows:
- a monthly T.I.P.P amount, if you wish to join the program.
- what you would pay on July 4, 2016 including the first penalty of 4%.
If you have additional questions or concerns please contact the Tax Department at 403.335.3391 ext. 1107.
NOTE: The assessment values for 2017 are currently unavailable online.
PROPERTY ASSESSMENT NOTICES
Your 2017 Property Assessment Notice was mailed on January 16 and the final assessment complaint date is March 17, 2017.
2016 Taxation Notices were mailed May 12, 2016.
2017 property assessment values are currently not available online. The complete 2017 assessment roll is available for viewing by request.
Your 2017 Tax Levy is due June 30, 2017
- First penalty of 4% will be applied on July 4, 2017
- Second penalty of 4% will be applied on August 1, 2017
- Third penalty of 4% will be applied on September 1, 2017
- Fourth penalty of 4% will be applied pm October 2, 2017
- Year-end penalty of 18% will be applied to all outstanding tax balances January 4, 2018
If you have questions, please call the Taxation department at 403.335.3391 ext. 1107.
TAX ASSESSMENT VALUES
Assessment values are determined as of July 1st of the previous year. What this means is that the 2017 assessment values were determined based on the assessed market value of your property as of July 1, 2016. This assessment value will be used by the Town of Didsbury when we calculate your 2017 taxes.
The municipality's tax assessment breakdown shows that the majority of the assessment consists of residential property.
Approximately 88% of the Town of Didsbury tax roll is considered residential. Compared to 11% of the assessment classified as non-residential, which includes both commercial and industrial property, as well as linear assessment. The portion of the assessment classified as machinery and equipment makes up 6% of the tax roll. In the Town of Didsbury, the total value of land and buildings is over 477 million dollars. According to Alberta Municipal Affairs, the average equalized tax assessment in Alberta is made up of approximately 75% residential, 20% non-residential and 5% other categories (linear, machinery and equipment).
The Municipal Government Act is the legislation that all municipalities are to follow for Taxation and Assessment. To view the Municipal Government Act, please visit the Alberta Municipal Affairs website.
"Market Value Assessment" is a method of assessing the value of properties within most North American communities. It is the value your property would likely sell for in the marketplace. The Market Value Assessment will reflect the market value of the land and the market value of the building(s) on that land. The more a property is worth, the higher its market value assessment and the more the owner is expected to contribute to municipal and provincial education taxes.
HOW ASSESSMENT IS CALCULATED
Assessment is calculated using information from property files, verified sales data, field surveys, building permits and site visits.
Qualified assessors also value properties based on variables including lot and home size, basement finish, construction quality and location.
If you wish to see a guide for property assessment and taxation in Alberta, please visit the Alberta Municipal Affairs Property Assessment and Taxation webpage.
WHY HAS MY ASSESSMENT CHANGED?
Property values are updated yearly, which means that your assessment may change every year. This is because market assessment reflects changes in home sale trends like location, property and neighborhood improvements, and general economic trends. If the value of properties has changed in the past year, residents can expect their assessments to change as well.
ASSESSMENT RELATED TO PROPERTY TAXES
Property taxes are used to fund, in part, municipal services that are of overall benefit to people who live in the community, such as roads, lighting and snow removal. Every property in Didsbury is assessed to determine the amount of municipal tax each property owner should pay. The tax rate is set yearly by the Town Council.
WILL I PAY MORE TAXES?
Your taxes are based on the assessed value of your house and the tax rate set by Town Council. You won't know if your taxes have increased until your assessment has been completed and the tax rate has been set.
HOW ARE TAXES CALCULATED?
Your total property tax is made up of a municipal levy, a provincial education levy and a senior's housing levy. The municipal, provincial education and senior's housing levy are based on the assessed market value of your property. For municipal taxes, each properties' assessed value is divided by 1,000 and multiplied by the tax rate to determine that property's municipal tax levy. The tax rate is set each year by Town Council. Please click the following link for the Tax Rate Bylaw.
Municipal tax + Provincial Education tax + Seniors Housing tax = Your Property Taxes. The provincial government sets the education levy and the municipality is required to collect this tax on behalf of the province.
IS YOUR ASSESSMENT ACCURATE?
Compare with others. Is your assessment in line with neighbors who have similar properties or with properties for sale in your neighborhood? What would you ask for your property if you were to sell it today? If your Market Value Assessment of your property is within 10% of your estimated selling price, it would be considered a fair valuation.
If you are still of the opinion that your assessment is not accurate, please do the following:
- Come and talk to our Tax Officer. You may ask for assessment of three comparable properties in your neighborhood when you call. Also, if you have a current appraisal that is different than your assessed value, present that to us as well. If our assessor agrees that your assessment is inaccurate, we can send you a corrected assessment.
- File a formal appeal at the Town Office. If you are still certain that this assessment is not what your property would probably sell for, you may appeal to the Regional Assessment Review Board. Your appeal must be received by the date indicated on your assessment notice and on the official Assessment Review Board Claim Form and if necessary, the Agent Authorization Form. There is a $50 fee to lodge an appeal on residential properties and a $100 fee on commercial properties. You must still pay your taxes on time and if your appeal is successful, an adjustment will be made to your tax account.
As many of you know, Alberta’s property assessment complaints system underwent a significant consultation and review in 2009 by the ministry resulting in many changes to the provincial property assessment and taxation system.
One of the recurring issues raised by taxpayers during this consultation was a lack of access to assessment information. Stakeholder feedback indicated support for an enforcement mechanism for ensuring compliance with these sections.
Section 299 and section 300 of the Municipal Government Act provides taxpayers with the right to access information on how their property assessment was prepared, as well as access to a summary of an assessment for any property. These sections were amended as a result of the consultation by adding provisions outlining what types of information taxpayers are entitled to access.
If you feel the municipality has failed to disclose the assessment information upon your request; you may request a compliance review. A compliance review must be made within 45 days of the assessed person’s request under section 299 or 300 of the Act.The "Municipal Government Act section 299 or 300 – Compliance Review” Form (LGS1408) is available by going to the Alberta Municipal Affairs website.
For more information regarding taxation, please email the Town of Didsbury Tax Department or call 403.335.3391 ext. 1107.
LINEAR ASSESSMENT 2017
Linear assessment is the assessment for pipelines, wells, electric power generation, transmission and distribution, cable distribution, telecommunication carriers and gas distributors. Linear assessment and notices are processed by the provincial government.
A complaint about linear property assessments must be filed by March 31, 2017 with the Administrator of the Municipal Government Board at:
Municipal Government Board
2nd Floor, 1229 91 Street SW
Edmonton, AB. T6X 1E9
If you require more information about filing a complaint, please contact the Municipal Government Board directly at 780.427.4864 or at email@example.com .
There are various ways you can pay your taxes.