Taxation & Assessment

Tax rates are updated annually when Council approves the tax bylaw.

Historic Tax Rates

Failure to receive your tax notice does not exempt you from late payment penalties. 

You can find your legal land description by doing a Property Search on our eServices website. 

Complete the Change of Address Form and contact the Calgary Land Titles Office at 403-297-6511 to update your Certificate of Title. 

Yes. Cochrane offers the Seniors Property Tax Support Program, organized through FCSS, which will provide a $500 rebate on municipal property taxes for eligible seniors.

The Government of Alberta also offers the Seniors Property Tax Deferral Program, which allows seniors, 65 years of age or older, to defer all or a portion of their property taxes through a low-interest home equity loan. 

Yes. The due date for property tax payment is the date shown on the front of your tax bill. To avoid a penalty, payment must be received no later than the due date. If your bank is paying your taxes you are still responsible for ensuring they are paid on time.

Penalties are imposed under the authority of the Town of Cochrane Tax Penalties Bylaw 08/2008, which was passed pursuant to provisions of the Municipal Government Act and cannot be waived by the Town of Cochrane Tax Department.

Property tax account balances remaining outstanding after the due date are subject to the following penalties:

• 7% applied July 1 to current outstanding amount
• 8% applied October 1 to current outstanding amount

Arrears:

A further penalty of 15% is applied on January 1 to the total outstanding balance as of December 31 (including taxes and applied penalties).

If you are paying principal, interest and taxes (PIT) to your mortgage company, you will receive the original tax bill for your records and the mortgage company will receive an invoice for your taxes. Your tax bill will show the name of the company we are invoicing. If you are paying PIT to your mortgage company, you would not qualify for the monthly TIPP program. 



If you believe you are paying PIT and the mortgage company name does not appear on the bill, contact your mortgage company immediately.



If a mortgage company is indicated on your bill and this firm is no longer responsible for your tax payments, you are responsible for paying the bill.

You may receive an assessment notice or a tax bill because at the time they were printed, the Town had not yet received the Certificate of Title with the new owner’s information. Our records are updated twice a month with ownership changes received from the Calgary Land Titles Office. 

Send an email requesting a tax statement, including your roll number or property address, to taxes@cochrane.ca or log in to your eServices account to view account details, including assessment values, tax levy, and tax payments. 

• Changes to your property's assessment 
• Property tax rates 
• Provincial rates for education 

Watch the one-minute explanation video

The Operating Reserves Policy 1705-01 requires any surplus to be placed in a capital reserve, which is  used to prepare for new facilities included in the 10-year financial strategy.

Information on your property is available on a Cochrane  eServices account.  Use the account/roll number on your bill to access information online.

Launch Cochrane eServices

Email taxes@cochrane.ca 

Provincial legislation specifies that the funds for schools are to be collected by municipalities. The Education Portion collected by the municipality on behalf of the Province and is approximately 32% of your property tax bill. People who do not own property contribute indirectly through their rental or lease payments.

If you have any questions regarding school taxes, please contact Alberta Education directly. 

The property tax each resident pays is calculated in proportion to the value of the real estate property they own. Determining the value of a property for taxation purposes is known as assessment. Assessed values are a means of fairly distributing the town tax burden and ensuring that each property owner pays a fair and equitable level of tax. Find out how your property assessment is determined. 

Annual assessment notices are mailed to property owners by the end of January each year. The assessed value reflects the value of your property based on economic conditions as of July 1 and physical condition of December 31 of the previous year.

Sign into your eServices account to view historical assessment values under the Assessment tab.