Assessment & Taxation

For your convenience, a public map is available showing the civic and legal addresses, along with property information such as current property assessments, land use zoning information, and property dimensions, click here.

The Town of Coalhurst issues assessment notices, by mail, with tax notices. The assessment notice advises residents the roll is open for inspection and gives thirty (30) days in which appeals will be received. Each year, property taxes are mailed in June; taxes are due and payable upon receipt. A penalty of 12 percent is assessed on any current balance at July 31, with a further penalty of 6 percent on any current balance at October 31 in each year. In addition, all outstanding balances carried forward into the next year are penalized at a rate of 1.5 percent per month.

The primary responsibility of the Town’s assessor is to determine the market value of every property in the Town of Coalhurst. The assessment roll is a listing of all properties located within the Town of Coalhurst and their assessed values. The Town of Coalhurst uses the assessment roll to determine the tax rates must be set to raise the revenues required by the Town and various taxing authorities.  In addition to collecting taxes for the Town, we collect taxes for the Province of Alberta (Alberta Education), Green Acres Foundation (seniors housing), enabling these authorities to maintain services for Coalhurst residents.

Current Mill Rate

  • 2017 Residential Mill (Tax) Rate – 9.88384
  • Residential/Farmland Assessment – $234,689,350
  • 2017 Non-Residential Mill (Tax) Rate – 13.63464
  • Non-Residential Assessment – $10,977,550

Frequently Asked Questions (FAQ) about Assessment

For 1998 and subsequent taxation years, the Alberta Government has mandated that property assessments:

  1. reflect the market value of a property, as of July 1 of the previous year
  2. remain current through annual updates

What is an assessment?

An assessment is the estimate of a property’s market value, as of July 1, of the previous year.

What is market value?

‘Market value’ is the most probable price which would be paid for a property in a competitive and open market.  Market value assumes the buyer and seller are acting prudently and knowledgeably, allowing sufficient time for the sale, and that the transaction is not affected by undue pressures.

What are property classes?

Once the assessment has been determined, the assessor must determine which tax classification is appropriate for your property.  In the Town of Coalhurst two property tax classifications are used:

  1. residential
  2. non-residential

How is property valued?

The assessor doesn’t imagine or create the value of your property; the value is determined by the real estate market. The assessor simply measures that value. Through the Provincial Land Titles Office, the assessor is continuously updated on all real estate sales in the Town.

The assessor applies accepted mass appraisal practices using information from all property sales within the Town of Coalhurst to estimate the market value of your property. The assessor considers the market conditions that may affect your property’s value, such as location, size, shape, replacement cost, age, and the condition of your building.

We paid $100,000 for this property.  Why is it assessed at $110,000?

In the real estate market, many forces affect a property’s value. These include supply and demand, the motivation of buyers and sellers, renovations, remodelling, and normal wear and tear.

When similar properties are sold within the same timeframe, a range of sale prices results. Assessed values reflect sales in the middle of this price range — resulting in assessments that are higher or lower than the selling price.

Provincial law recognizes the difficulty in completing annual market value assessments. For this reason, provincial standards stipulate that individual property assessments falling within 10 percent of market value are deemed correct.

The purpose of an assessment roll is not to reflect one sale price or an opinion of value, but to assess all similar property at a similar value so taxation is fairly and evenly shared.

What can I do if I disagree with the assessor’s estimate of my property’s value?

 

If you disagree with the assessed market value for your property or its classification, contact the assessor at (403) 381-0535. The assessor will be pleased to review your assessment with you.  If the assessor agrees an error has been made, s/he will correct the assessment.

I still disagree with the assessment or tax classification.  What should I do?

If after talking to the assessor you still disagree with the estimate of your property’s value or classification, you can file an appeal with the Regional Local Assessment Appeal Board.  A written appeal and the appropriate fee must be sent to the Town of Coalhurst.   The assessment notice you have received contains information relating to fees, the final date to file an appeal and the Town’s mailing address.

For more information, please refer to the back of your tax notice.

Frequently Asked Questions (FAQ) about Taxes

Tax Installment Payment Plan (TIPP) – Information and form:

Tax Installment Payment Plan Information
Tax Installment Payment Plan FORM

We Now Accept Credit Cards  for online payments only – Utilities and/or taxes
If you wish to pay by credit card click button below:
                       

*Please note that payments may take 3-5 business days to process and that a Plastiq service fee will be applied (2.5% for credit cards, 1% for debit cards).

What is a tax rate?

A tax rate is the rate of taxation applied against the value of property within a municipality to collect the revenue required by the various taxation authorities.  Normally the tax rate is expressed in mills (dollars of tax paid per thousand dollars of property value).

How are my taxes calculated?

Taxes are calculated by multiplying the assessed value of your property by the mill (tax) rate and dividing that by 1000. You can calculate any property’s taxes by finding the assessment on the Public Map provided in the link at the top of the page above and following this formula. (Assessment x Mill (Tax) Rate) / 1000

Can I appeal my taxes?

No.  You can only appeal the assessment on your property.

Where can I receive more information about property assessment or taxation?

By contacting the Assessment and Taxation Department at:

Town of Coalhurst Office:
Phone
:    (403) 381-3033
Address:  100 – 51 Avenue
Coalhurst, AB

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