Assessment & Taxation
The Assessment / Taxation Department establishes and maintains property assessment and tax roll information for all property in The County of Vermilion River. The assessment function is a major element in determining the amount of municipal and education tax each property owner will pay.
Property assessment is the foundation of municipal finance. The Municipal Government Act requires Appointed Assessors to prepare property assessments annually based on a market value standard. The Municipal Government Act and its accompanying regulations govern property assessment and taxation.
Assessment is the process of estimating the value of property for equitable distribution within The County of Vermilion River's total property tax requirement including other requisitions such as education. While many properties are assessed on a market value standard, there exist many other types of properties that are assessed on a regulated value standard mandated by the Provincial Government.
The entire assessment function for all properties is the responsibility of the Appointed Assessor, except for linear property, for which Alberta Municipal Affairs is responsible. This includes pipelines, gas and oil wells, electric power, and telecommunication systems.
Assessment for The County of Vermilion River is done by Blackfoot Creek Assessments Inc.
For more information about assessments, see the Guide to property assessment and taxation in Alberta from Alberta Municipal Affairs.
There will be an Assessment Public Open House held at the County Office on July 20 and 21, 2010. The assessor will be available to discuss your concerns with Market Value Assessment, or to review how your assessment was determined for tax purposes.