By CHAT News Today

Property assessments mailed out to owners

Feb 21, 2018 | 4:00 AM

MEDICINE HAT, AB — Property owners should soon receive their property assessments from the City of Medicine Hat.

The city announcing it mailed out the assessments on Tuesday According to a city news release, the 2018 assessment roll increased by 0.5 per cent, from $8.61 billion last year.

The news release states single family homeowners will see a median assessment decrease of 0.5 per cent, while non-residential property owners will see a median assessment increase of 1.1 per cent.

Legislation allows property owners 60 days from the assessment notice date to review and discuss any concerns with the city’s assessment department. The city says it is important to speak with the assessment department for an explanation before filing an appeal. Purchasers of property should also obtain or confirm the assessment value if the sale occurs during the appeal period. Appeals need to be received by the Assessment Review Board by 4:30 p.m. on April 30.

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Property owners and purchasers should review their Assessment Notices before the 60-day appeal period ends as Property Tax Notices cannot be disputed after this date.

The assessment department can be contacted at 403-529-8114.

The tax rate will be set by city council in May, with notices being mailed shortly after. Tax payments are due on June 30.