Publications

Provincial equalized assessment report

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

October 31, 2023

Tags
assessment municipalities taxation
Resources

Title and publication information

Alternative Title

Provincial equalized assessment report

Frequency

Annual

Publisher / Creator Information

Publisher

Municipal Affairs

Place of Publication

Edmonton

Subject Information

Topic
Government
Start Date

2009-01-01

End Date

2020-01-01

Resource Dates

Date Created

2009-01-01

Date Added

2016-10-12T19:17:06.234604

Date Modified

2023-10-31

Date Issued

2009-01-01

Audience information

Identifiers

ISSN (online)

2368-657X

ISSN (print)

2368-6561

NEOS catalogue key

7149499

Usage / Licence

Usage Considerations

The equalized assessment information contained in this report is subject to revision. This data is used by the province to determine municipalities contribution to the provincial education property tax requisition. In addition, housing management bodies use equalized assessments to distribute the costs of senior lodge accommodation requisition amongst their cost sharing municipalities.

Contact

Contact Name

Alberta Municipal Affairs