Following are the Frequently Asked Questions regarding Property Taxes and Assessments in Drumheller
How can I appeal if I don’t agree with my assessment?
The important item is that you can appeal your assessment, not your taxes or municipal services. The first step is to compare your assessment to other similar properties. This can be done at Town Hall, but you do require the addresses of the properties you are comparing with.
The following web address from municipal affairs has helpful information and may assist you: http://municipalaffairs.gov.ab.ca/documents/as/AB_GuidePtyAssmt_finrev.pdf .The administration staff can answer most of your concerns; however we can refer you to our Assessors for additional information.
If you are still not satisfied with the explanation, your written appeal must be filed with:
Town of Drumheller
Assessment Review Board Clerk
703 – 2 Avenue West
Drumheller AB T0J 0Y3
within 60 days of the mailing date of the Tax Notice. This date is located on the top right corner of the notice. Only the Municipal Government Board has jurisdiction to deal with complaints about assessments for linear property, not the Assessment Review Board.
A fee of $50 per assessment for residential and farmland or $100 per assessment for other types of assessment must accompany the appeal form. This form is available at Town Hall or clicking here. This fee may be refunded to the appellant if the appeal is withdrawn prior to the appeal being heard by the Board, and will be refunded if the Board rules in favor of the appellant.
What is “Market Value Assessment”?
Please note that farmland is assessed at agricultural rates, not market rates. “Market Value Assessment” values reasonably reflect the market value of your property and create a more equitable and comparative assessment of all properties. Assessment values are based on the most recent sales information that can be obtained in your area of the community. All properties are re-assessed every year. The term “Improvements” refers to anything that is not “Land”. This is the total of the improvements on that property, which includes any changes made in the previous year. The effective date of the assessment is December 31st of the previous year.
How is Market Assessment used to calculate my property taxes?
The assessment itself does not generate property taxes. The Town determines the amount of revenue required to be raised by taxes for maintaining and delivering services. The Government of Alberta determines the revenues required for education - the Town Council has no control or voice in the education portion of the taxes. Dividing the revenues required by the assessment produces the tax rate. A tax rate of 0.01234 is equal to $12.34 per $1,000 of assessment.
What is the tax rate for Drumheller?
Click here for a table of current mill rates compared to previous years.
What is the due date?
The due date for your tax payment is September 3rd. Please refer to the next paragraph for the penalty rates. Post-dated cheques are acceptable.
What are the penalty rates?
There will be a 5% penalty on the unpaid current levy on September 4th and an additional 5% penalty on the unpaid current levy on November 1st. All arrears are subject to a monthly penalty of 0.75% per month or 9.00% per annum, calculated on the first day of each month.
What is a Supplementary Tax?
The Town of Drumheller levies a tax for the number of months a new construction or renovation has been completed and/or occupied. In fairness, The Town also reduces the taxes for the number of months an improvement has been moved out of town or otherwise removed from the assessment roll. These taxes are levied in December and are due by March 31st of the following year, and has the same appeal process as noted above.
Is there an easier method of paying taxes?
One method is to pre-pay your taxes in January or February. We will add an interest amount to this payment in recognition of the early payment.
Another method is the installment plan. This allows us to electronically charge your bank account with the monthly portion of the taxes on the last day of each month. Since your payments are spread throughout the entire year there are no penalties in September or November, and there is no pre-payment bonus.
What other charges can be applied to my tax bill?
Any costs related to by-law infractions such as weed notices, snow removal, unsightly premises are charged to the tax bill. You are notified by letter of any charges being applied to your account. The property owner, not the renter, is responsible for adhering to any by-laws.
Why have my monthly payments been adjusted for an amount different than my tax adjustment?
The tax year is the calendar year, January to December. The tax billing in May revises the payment to produce a zero balance at the end of the calendar year, and this payment will continue until the next tax billing, at which time the payment is adjusted to again create a December zero balance.
Unless the taxes don't change, the equal billing continuing into January to April will be less than, or more than, the monthly equivalent of the tax bill. This will require a "catch up" for the remainder of the monthly payments.
If there are no additional charges to the account, such as weed or snow control, unpaid utilities, etcetera, you will find the total payments for the year will equal the tax bill.
The December payment will be adjusted to create a zero balance. Any additional charges to the account will be included in the adjustment.
If we can be of further help please call us at (403) 823-6300, visit us at Town Hall, or <click here: firstname.lastname@example.org>