The City uses the assessed value of your property to calculate the amount of provincial education and municipal property taxes you pay in proportion to the value of the real estate you own.
A change in assessed values affects property taxes in the following manner:
Average assessed value change
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Average municipal tax increase
If your property’s value change is similar to the average, city-wide assessed value change, you will see a tax increase that is similar to the average municipal tax increase.
Higher than average assessed value change
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Higher than average municipal tax increase
If your property’s assessed value changed by more than the average assessed value change, you will see a greater than the average municipal tax increase.
Lower than average assessed value change
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Lower than average municipal tax increase
If your property’s assessed value changed by less than the average assessed value change, you will see a tax increase that is less than the average municipal tax increase.
To determine if your tax increase will be more or less than the average, review our assessment change reports to compare the percentage change in the assessed value of your property with the average assessment change for all residential properties in Edmonton. Also, take advantage of our tax estimator.
Remember your tax bill that arrives in May also includes a provincial education tax amount. The City is required to collect that tax on behalf of the Government of Alberta.
