On January 5th, 2017, The City mailed out over half a million Assessment
Notices. The 2017 property assessments reflect the market value of a property
on July 1st, 2016 and its physical condition on December 31st,
2016. The 2017 business assessments reflect the typical net annual rental value
of business premises on July 1, 2016.
Annual market value assessments are
legislated under the provincial Municipal Government Act. The assessment process is how property
taxes are distributed among all property owners to meet The City’s budget needs
to pay for services all Calgarians benefit from like police, fire protection,
transit, parks, recreation and more. Please note that business tax bills are
mailed out in February, and property tax bills in late May.
Please review your assessment carefully. You
can do so online by logging into Assessment
Search at calgary.ca/assessment.
Online, you can access details on your property to review the accuracy of the
information The City has on file, and compare your assessment with other
similar properties in your area to ensure your assessment is fair and
equitable. You may also conduct more in-depth assessment research and can
access sales, community and property reports.
The Customer Review Period is from January 5th to March 6th,
2017. If you have any questions about your assessment, please contact
403-268-2888. Changes can only be made to your 2017 Property Assessment during
the Customer Review Period.
Please note that The City is eliminating the Business Tax in
2019 through a gradual transfer of the business tax revenues to the
non-residential property tax. Business owners will see
an approximate 20 per cent decrease in the 2017 business tax rate due to
consolidation. Non-residential property owners will see an estimated additional
4.6 per cent increase in their 2017 non-residential property tax rate. Consolidating
the taxes into a single, easy to understand real estate-based assessment and
tax system for non-residential property owners will make Calgary more
competitive and attractive for business. Please note that Business Tax
Consolidation will not impact your property/business assessment nor will it be
reflected on your assessment notice. It will not increase the amount of
revenues collected by The City.
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.