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Assessment and Taxation

Understanding the tax levy

The Town of Crossfield assesses property based on provincial legislation and regulations.  The standard process in Alberta is determined by the “market value assessment”.  

The assessment is done by a provincially accredited independent assessor. The Town’s Administration and Council do not have the legal authority to change this assessment.

Market value assessments are done using mass appraisal models (the expression of supply and demand factors and the interaction in the real estate market), which determine property values by grouping similar properties as of a specific date. 

The 2022 assessment is an estimate of a property’s market value as of July 1, 2021 and reflects the characteristics and physical condition of the improvements on December 31, 2021.

The purpose of the assessment is not to reflect a single sale price, but to assess all properties at typical market value on the same valuation date.

The “Mill Rate” is set by Town Council:  percentage of the assessed value of your property that will be levied in taxes.

The town will follow the Municipal Government Act Section 297 (1) and identify four property classes:  residential, vacant residential, non-residential, and machinery and equipment.

The “Mill Rate” is expressed as the taxes levied per $1,000 of property value.  For example, the 2022 “Mill Rate” of $.00655 means you will pay $6.55 in taxes for every $1,000 your property is worth.

 Understanding your Property Assessment and Taxation Notice

Tax amounts are based on the assessed value of your property and the tax mill rate. The Taxation Bylaw is approved by Town council each year, based on budget requirements for the current year.  

2021 Tax Mill Rates

Residential

8.9628

Farmland

6.3187

Non-Residential

10.1625 

Machine & Equipment

6.4148 


NOTE: The residential and non-residential mill rates include the education tax, set by the province each year. 

Tax Calculator

Use the tax calculator to estimate your yearly property taxes.


Residential

2022 Tax Rates Tax Distribution for 2022
General Tax Rate 6.4028 % ----
Your Total Taxes for 2022