LETHBRIDGE HERALD
It's not a tax bill - not yet. But owners of income-producing property in Lethbridge are getting an estimate of what they may be paying.
Assessment notices have been mailed covering about 2,100 revenue-generating properties, city officials say. They include stores, offices, apartment buildings and industry.
Owners are being asked to check them, and call city taxation officials soon if there are any questions or concerns. The valuations are based on an estimate of what the property could have sold for on the open market last July, they point out.
"We are asking owners of these properties to review their assessment valuations," says Stan Dilworth, the city's assessment and taxation manager.
The notice also includes an estimate of this year's property tax, based on the assessment. But Dilworth said those figures won't be firm until the city receives requisitions for the provincial education tax as well as the Green Acres Foundation levy.
Later in spring, he adds, the city's 36,000 residential owners will receive a combined assessment and tax notice. Along with the business property taxes, they'll be due on June 29.