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The taxes you pay to fund the education and the lodge systems in Alberta have changed in 2016. This amount is set by the Provincial Government not Camrose City Council. The increase in provincial education tax is 4% and the decrease in the lodge authority is 27%.
Properties that have experienced real growth will see a tax increase. Changes to the property including construction, renovations, and additions are all considered real growth.
The change in your assessment can also cause the property taxes you pay to increase, remain unchanged or decrease. For the 2016 tax year, the total assessment for all residential properties increased by 2.01%. In order to determine if you will see a tax increase or decrease, compare the per cent change in the assessed value of your home with the overall increase in residential assessment in the City.
If your property assessment increased 2.01%, your municipal taxes will increase 2.54% for the 2016 tax year. If your property assessment increased more than 2.01%, you can expect the increase in the municipal portion of your property taxes to be more than 2.54%. If you assessment increased less 2.01% or decreased you can expect to see a municipal tax increase less than 2.54%.
Non-residential typical properties should see a total property increase of approximately 1.72% (when the changes in school and lodge authority requisitions are factored in).
In person – 5204 50 Avenue
By phone -Taxation Staff – (780) 672-4426Assessment Staff – (780) 678-3032
By Email - email@example.com or firstname.lastname@example.org