Town of Banff

Property Assessment

Property Assessment Notices

The Town’s assessor completes assessments of residential and commercial properties every year.  Once the annual assessment has been completed, we mail you a notice letting you know the assessment value of your property. Assessment Notices are not tax bills.  They are sent to advise you of the assessor's estimate of the value of your property. 

• How properties are assessed

Taxes are calculated by multiplying the assessed value of a property by the tax rate. The municipal tax rate is set by Council, usually in April of each year.  Your tax bill will be mailed to you after Council sets the municipal tax rate.

2011 Highlights

Based on data from July 2010:

• Overall assessments decreased by 5% (from $1.9 billion in 2010 to $1.8 billion in 2011).
  
• Residential property assessments increased from between 4% - 5%.
  
• Commercial assessments decreased by 20%. 
  

Assessment values will be used to calculate 2011 property tax.

What if you disagree with your assessment?

• Call the Town's Taxes & Utilities Clerk
  

If you think your assessment is not accurate, check with us first at 403.762.1230.  If we have made a simple error, we will correct it immediately.

• File a complaint

Questions? 

Contact the taxes and utilties clerk at 403.762.1230 or taxes.utilities@banff.ca.

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