Taxes & Assessment

2024 Property Tax Rates

Your assessment and tax notice covers the period from January 1 – December 31 of the current year.

PROPERTY TAX RATES

Property Taxes are calculated using the following formula:

            Assessed Property Value X Municipal Tax Rate =Property Taxes

             For example: $138,043 x .0127846=$1,764.82

Despite the calculated tax rate, in accordance with Section 357, the minimum amount payable as property tax for general municipal purposes shall be $895.00 for Residential, Non-Residential, and Non-Residential Vacant properties.

On May 13, 2024, Mayerthorpe Town Council passed Bylaw 1193 which sets the tax rates for levying the 2024 property taxes. Your Combined Assessment and Tax Notice consists of amount for municipal taxes, Provincial education taxes, Provincial Police Funding Model contribution, Lac Ste. Anne Foundation requisition, and if applicable, local improvement levies.

Comparison on Average Residential Property Municipal Taxes (What does $147 per month get you)

PROPERTY ASSESSMENTS

Property Assessments are completed annually to reflect current market values of the previous year.  The Town’s Assessor evaluates properties based on a few variables including lot and home size.

If you do not agree with your assessment and wish to file a complaint, please be advised the deadline for filing an assessment complaint is July 23, 2024. An appeal against your assessment does not exempt you from paying taxes on time or from late payment penalties.

 What Do My Taxes Pay For?

*Amounts are based on the average Residential Municipal Property Taxes of $1,765

ASSESSMENT COMPLAINT PROCESS

Pursuant to Sections 299 and 300 of the Municipal Government Act, all assessed persons are entitled to see or receive sufficient information about the person’s property or the summary of assessment.  All requests for information regarding the property or summary of assessment should be made by attending or calling the Town Office.

 2024 Guide to Property Assessment and Taxation in Alberta may be helpful if you have any questions. 

An Assessment Review Board has no jurisdiction to deal with complaints about assessments for linear or designated industrial property as the Municipal Government Board has jurisdiction to hear complaints about assessment for linear and designated industrial property.

• A person is entitled to see or receive sufficient information about their assessed property in accordance with Section 299 of the Municipal Government Act or a summary of an assessment in accordance with Section 300 of the Municipal Government Act, or both.
• To discuss or review the specifics of your assessed property value, please contact the Utility/Tax Officer at the Town Office at 780-786-2416.
• If, after a review of your inquiry has been complete and you are still of the opinion that your assessment is incorrect, you may file a completed Assessment Complaint Form Assessment Review Board  Assessment Review Board Complaint Form at the Town Office, on or before July 23, 2024 (60 days from the “Notice of Assessment Date”). 
• Town of Mayerthorpe’s Designated Officer is Chris Leggett, with whom a complaint must be filed.

• The Assessment Complaint Form must be filled out completely and the appropriate fee must accompany the Assessment Complaint Form.
• Return the Form and fee(s) by the Appeal Deadline to:

Town of Mayerthorpe                   
Box 420, 4911 – 52 St.                   
Mayerthorpe, AB T0E 1N0      

Email:  utofficer@mayerthorpe.ca

• The Assessment Appeal Fee is refundable if one or more of the following conditions are met:
• The complaint is withdrawn in writing prior to the scheduling of an Assessment Review Board hearing; or
• The Assessment Review Board decides in favor of the complainant.

Complaints with an incomplete Assessment Complaint Form, submitted after the deadline or without the required fee, are invalid.

TAX PAYMENT AND BILLING PROCEDURES

As per Bylaw 1158 being the Tax Penalty Bylaw, taxes are due on or before June 30 annually.

In accordance with the Municipal Government Act, payments will be considered paid on time if received at the Town Office by 4:30 pm on the due date; postmarked by Canada Post on or before the due date; or processed by a financial institution on or before the due date. If a Canada Post postmark is absent or illegible, the date received by the Town of Mayerthorpe will be considered the payment date.  If your payment arrives after the due date, there will be a 12% payment late charge applied.

Property Tax Payments can be made:

• By mail – Town of Mayerthorpe, Box 420, Mayerthorpe, AB T0E 1N0.
• By using the after-hours drop box located by the front entrance (facing 52^nd Street) of the Town Office.
• By a financial institution in person, by telephone or via on-line.
• Pay by Credit Card or Debit Card through PaySimply* online through paysimply.ca. Please allow up to 3 days for processing. (Please note that a convenience fee applies for payment handling and processing charges.) *Some exceptions may apply
• By your mortgage company – If your mortgage company is paying your taxes, the mortgage company will receive a copy of your Combined Assessment and Tax Notice, and you will receive the original for your records.  The Combined Assessment and Tax Notice will show the name of your mortgage company.  If the mortgage company does not appear on the notice and you believe it should, contact your mortgage company immediately.

Property owners are ultimately responsible for ensuring that property taxes are paid on time.  If you have chosen to pay your property taxes through a mortgage company or financial institution, it is recommended that you verify with them that your taxes will be paid in full, and on time.

TAX INSTALMENT PAYMENT PLAN

The Tax Instalment Payment Plan is an easy way to pay your property taxes.  It allows you to pay your taxes in twelve monthly instalments instead of a single large payment.  It makes budgeting easier and helps you avoid missed payments or late payment penalty charges.

Tax Instalment Payment Plan

Pre-Authorized Debit Form