201X PROPERTY ASSESSMENT NOTICE
TAX YEAR 201X NOTICE DATE Jan XX, 201X
1111 22 AVE
RED DEER AB T4N 3T4
|PROPERTY ADDRESS||1111 22 AVE|
|PLAN; BLOCK; LOT|
PROPERTY ASSESSMENT INFORMATION
|ASSESSMENT CLASS||T/E/G||ASSESSMENT DESCRIPTION||PROPERTY TYPE||ASSESSED
|NON-RESIDENTIAL||T||202 - COMMERCIAL STORE SALES||LAND AND IMPROVEMENTS||$436,500|
|MULTI-FAMILY||T||105 - APARTMENT||LAND AND IMPROVEMENTS||$200,000|
|T - Taxable, E - Exempt, G - Grant-in-lieu-of-taxes|
|Separate School Support:0% Public School Support: 100%||Total Assessment:$636,500|
|Previous Year's Assessment:$772,300||Final Date of Complaint:Mar XX, 201X|
T/E/G - Property is either taxable (T), exempt from taxation (E), or grant-in-lieu of taxation (G).
"Improvements" refers to your house, deck, garage, etc. and does not mean that any physical improvements or renovations occurred on your property.
The "assessed value" of your property reflects the market value (most probable selling price) of your property on July 1, 201X based on characteristics and physical condition on December 31, 201X using mass appraisal principles as required by the Municipal Government Act.
Review this Property Assessment Notice carefully, as the value(s) listed will be used to calculate property taxes for this year. Your Annual Property Tax Notice will be sent to you after Council approves the operating budget and sets the annual tax rates. If you do not agree with your assessed value, please see the reverse side for further information.