What Are Property Taxes?

Forclosures - YQL Real Estate - Lethbridge AB

Your property taxes go to support services such as police, fire and ambulance, parks, streets, corporate services, and many other programs necessary to maintain the high level of municipal services enjoyed by the citizens of the City of Lethbridge. The Government can only collect the taxes that they need to run the city. City Council approves the budget that will fund all city services, provincial and federal grants and add amounts needed for education and seniors housing.

Factors that will impact your tax bill include what it will cost next year to run programs and services, what the assessed value of your home is, and the total value of all homes in Lethbridge. The total tax needed divided by all properties in Lethbridge is the Mill Rate. The Assessed value of your property multiplied by the Mill Rate is the amount that you will pay on your next tax bill.

Questions about property taxes in Lethbridge?

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