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Property assessment

Determined on an annual basis - a property assessment is an estimate of the market value of your property as of July 1 of the previous year and the property’s physical condition as of Dec. 31. 

Property assessments are used to distribute the total community tax fairly and equitably as provisioned by the Municipal Government Act.

Key assessment dates

Property assessment notices are mailed each January. Sending assessment notices in advance of property tax notices allows owners 60 days to review the value and details of their property and raise any concern they may have before taxes are calculated.

Key dateWhat takes place?
Jan. 15, 2024 Property assessment notices mailed
Jan. 23, 2024 Notice of assessment date
Jan. 23 - March 25, 2024 60 day customer review period
March 25, 2024 Assessment complaint due date
April/May 2024 City Council sets tax rates
May 27, 2024 Property tax notices mailed
June 28, 2024 Property taxes due
Sept. 27, 2024 Supplementary assessments mailed
Oct. 31, 2024 Supplementary taxes due