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Ward 11 News: 2014 Tax Assessment

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Ward 11 official websiteOn January 3, The City mailed out the 2014 Tax Assessment Notices to approximately half a million property and business owners. As a result, we are now in the Customer Review Period, which ends on March 4th. If you have not already done so, I encourage you to review your assessment notice to ensure that the information it contains is accurate. If you have any questions about your assessment, please contact Assessment directly at 403-268-2888.

Any inquiries received within the 2014 Customer Review Period will be reviewed by an assessor, and appropriate action taken. This sometimes includes amending an assessment to ensure that it is accurate.

When reviewing your 2014 property assessment, please remember that under provincial legislation the value of your property reflects the market value of the property on July 1, 2013 and the physical condition as of December 31, 2013.

For those whose homes were impacted by the June flood, special considerations were required by the Assessment Department. After the flood, Assessment staff worked to identify and measure the flood’s impact on properties. Based on this analysis, 1,939 properties have been identified as experiencing a market value reduction due to the flood. The market value adjustments are reflected in the 2014 assessed values for these properties.

The business tax consolidation process continues in 2014 with 10 per cent of business tax revenues transferred to, and collected through, the non-residential property tax. This will result in a 10 per cent decrease to the 2014 business tax rate and an estimated 2.7 per cent increase to the non-residential property tax rate. Incremental revenue transfers will occur annually until 2019, culminating with the elimination of the business tax. 

This content represents the personal views and opinions of the Ward Councillor and should not be taken as a statement of policy of The City of Calgary. The inclusion of any external content does not imply endorsement by The City of Calgary.

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