Taxation year runs from January to December each year.
Total taxes are due July 31.

• 2011 Tax Rate Comparison to Other Similar Municipalities (Download)

Tax Rate Bylaw 2011 (Download)

Example: $400,000 (property assessment) x 6.7976/1,000 = $2,719.04 (total property taxes 6.7976 is the total tax rate). From the above example, the Town of Chestermere receives $1,825.65 in municipal taxes ($400,000 × 4.5641/1,000). 4.5641 is the municipal portion only of the tax rate: the difference going to other jurisdictions.

NOTE: While the Town of Chestermere is required by legislation to collect school taxes, the Town has no jurisdiction over setting the tax rate for school taxes.

Who pays for the cost of growth in Chestermere?

New subdivisions do add expenses to the tax rate supported budget when the Town begins to provide those services from which all citizens benefit, such as police and fire protection, or snow clearing. However, the property owners in the new subdivisions also pay property taxes into the Town’s general revenues. Their tax dollars contribute to paying for Town services, including the maintenance and replacement of infrastructure in all parts of the Town.

What about new subdivisions?

When a new subdivision is developed in the Town of Chestermere, many of the direct on-site costs of servicing the new subdivision are initially paid by the developer, and are passed on to the new homeowner in the price of the lot. Local services such as streets, sidewalks and lanes are all paid for entirely by the developer and are installed to the Town’s specifications. These services are only taken over by the Town when they have been inspected and accepted as meeting the Town of Chestermere’s standards. Developers must also provide up to 10% of the developable land in a subdivision for municipal and school board use for parks, recreation facilities and schools. They may also be required to dedicate environment reserves; again at no cost to the Town.