Overview
A property assessment is a reflection of the estimated market value of a property and is used for the purposes of taxation. The City of Camrose assessment process provides its citizens with a fair and equitable assessment of the value of their property.
Property values are reviewed annually. Property assessments reflect market value at July 1 of the previous year. For example, the 2013 assessment reflects the market value as of July 1, 2012.
Evaluating Properties
City assessors evaluate properties based on a number of variables including lot and home size, basement finish, construction quality and location. After completing an analysis of property records, verification of sales data, surveys and site visits, a computerized appraisal system, developed in accordance with international standards, assigns fair values for all Camrose properties.
Assessment Roll
The Assessment roll is a listing of all properties located within the City and their associated values. The City uses the assessment roll to set appropriate tax rates so as to generate adequate tax revenues.
2013 Assessment Information
The mail out date for assessment and tax notices is May 22, 2013. Tax bills include municipal and provincial education taxes. The municipal portion pays for civic services such as police, fire rescue, road maintenance and parks. The deadline for tax payment (except properties on the monthly payment plan) is June 30, 2013 to avoid late penalty.
Assessment is a method of equitably spreading the tax burden among property owners in Camrose. For the 2013 tax year, assessments are based on the market value of properties as of July 1, 2012. The following is a list of commonly asked assessment and taxation questions. To view a list of commonly asked assessment and taxation questions click Assessment and Taxation FAQs
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Contact
Travis Lantz
City Assessor
General Inquiries
Mirror Lake Centre
5415 - 49 Ave.
Mailing Address
5204 - 50 Ave.
Camrose, AB T4V 0S8
Email
Phone: (780) 678-3032
Fax: (780) 672-2469
Hours
8:00 am - 4:30 pm
Monday - Friday |