Property Taxes

• Key Tax Dates and Penalty Information

  Your property tax notice is mailed out May of each year, and current taxes are due by the date indicated on the front of this mailed notice and are outlined in the chart below.

  Key Property Tax Dates

  Item	Date	Description
  Tax bill time period	January 1 to December 31	Property tax bills cover the calendar year.
  Tax bill mailing	last week in May	Property owners who have not received a tax bill by the first week of June can contact the Tax Administrator to request a copy of the bill.
  Tax due date	Last Business Day in June	Property tax payment: options and instructions.
  Penalty Calculation If current taxes are not paid on or before the tax due date, then penalties will be added as follows:	July 1	4% penalty is added to any current year's unpaid tax bill balance
  	August 1	4.5% penalty is added to any current year's unpaid tax bill balance
  	September 1	5%  penalty is added to any current year's unpaid tax bill balance
  	After September 30	1.5% penalty is added to any unpaid tax bill balance on the first day of each month (January through December), on the balance outstanding at the end of the previous month

  NOTE: If a complaint has been filed against the assessment, then the property taxes must still be paid by the due date to avoid penalties. If a decision results in a credit balance, a refund will be issued within 30 days.
   

• How do I get a copy of my property tax bill?

  If you have not received your property tax bill, please contact the Tax Administrator.  Non-receipt of your property tax bill does not exempt you from late payment penalties.  All charges on a tax account are the responsibility of the registered owner of the property.  When you purchase a property, adjustments for taxes are made between the vendor and purchaser.

• Ways to Pay Your Property Taxes in Okotoks

  Payment must be received by the Town on or before the payment due date. Pay early to avoid lineups at the Municipal Centre and banks (drop off  your post-dated cheque any time).  If you have not received your Tax Notice yet or need more information on your property taxes, you may contact the Tax Administrator in Finance.  

  Ways to pay your property taxes 

• How is your property tax levy calculated?

  Town Council approves the operating budget based on the expenditures required to support Town services.  From this amount sources of revenue other than property taxes, such as user fees and provincial grants, are subtracted.  The balance is the amount raised by property taxes. 

  The following video provides a brief description of how property assessments are connected to property taxes. 

• Where do your tax dollars go?

  Property taxes are used to pay for programs and maintain services such as Protective Services, snow removal, road, park and pathway maintenance, Community Services (Recreation Centre, Community programs, FCSS and Cultural & Historical Services).  

• Supplementary Tax Bills

  If a new building or an addition to an existing building is completed in the calendar year, a supplementary tax bill will be issued by the end of the year. The supplementary tax bill will reflect the number of months the building was completed or occupied during the year. To avoid penalties, supplementary tax bills must be paid by the due date as noted on the tax bill. If you participate in the Tax Installment Payment Plan (TIPP), your supplementary tax bill will show the adjusted monthly payment amount.

• Bylaws / Tax Rate & Mill Rate

  The following bylaws relate to authorized rates of taxation levied against different types of properties:

  1. Assessable residential and non-residential properties:
     Property and Supplemental Tax Rates Bylaw

  2. Assessable annexed land:
     Annexed Lands Property Tax Rates

• School Declaration

  The Town of Okotoks is required by legislation to bill and collect the school taxes on behalf of the Provincial Government (Alberta Learning) and Christ The Redeemer Catholic School Division. While the Town bills and collects school taxes, the Town has no jurisdiction or control over school board budgets or operations. School support is shown as “undeclared” unless a declaration of school support is filed by the owner.  

  If you wish to change your school support designation, a declaration may be obtained by contacting the Tax Administrator in Finance. The change does not take effect until the following calendar year.  

  Fill out the school support notice form:

  School Support Form

• Seniors Property Tax Deferral Program

  Seniors in Alberta now have the option to defer their residential property taxes to keep extra money in their pockets and enable them to stay in their homes longer.  Through the Seniors Property Tax Deferral Program, homeowners 65 and older can defer all or part of their residential property taxes through a low-interest home equity loan with the Alberta government. The loans are repaid when the home is sold, or sooner if the senior chooses.  For more information, visit the Seniors Property Tax Deferral Program.

• Notice to Residents of Glorond Place

  Did you know that since you do not have a community mail box, you must register for a mailbox at the main Canada Post branch, 27 McRae Street.  A mailbox and PO Box mailing address will be assigned for your place of residence with mail service pick-up directly located in the main branch post office.   

  For any questions regarding your mail service to your household, please call the Okotoks Canada Post office at 403-938-4233.

Section 299 and 300 Assessment Information Request