Description
In Alberta, equalized assessment is the means of comparing property wealth in a uniform manner for all municipalities. Alberta uses an ad valorem assessment and tax system where property taxes are based on wealth and wealth is measured by the value of property expressed as an assessment. Equalizing an assessment is simply a process of adjusting each municipality's taxable assessment to a common year in accordance with current legislation and policy. The equalization process results in a common provincial assessment base that is used to determine the amount of requisition for each requisitioning body.
Updated
April 25, 2024
Tags
Resources
Title and Dataset Information
Alternative Title
Updated equalized assessment report
Date Modified
2024-04-25
Update Frequency
Other
Publisher / Creator Information
Creator
Publisher
Municipal Affairs
Subject Information
Topic
Resource Dates
Date Created
2024-04-10
Date Added to catalogue
2024-04-12T20:36:10.699824
Date Issued
2024-04-10
Date Modified
2024-04-25
Audience information
Language
Identifiers
Usage / Licence
Usage Considerations
The Provincial Equalized Assessment Report is published annually in PDF format. The Updated Equalized Assessment includes data from the annual assessment as well as updates to the statistics. It is intended as a supplemental resource for users.