The Town of Lamont has been working to reduce the financial pressures on taxpayers during this challenging time. Keeping in mind that property taxes fund and maintain core municipal services, programs and infrastructure that citizens rely on every day.
Official News Release: Property Tax News 2020
The 2020 Combined Assessment & Tax Notice will be mailed mid-May. Taxes are due August 31, 2020. Outstanding tax account balances after August 31, 2020 are subject to the following penalties:
September 1: 12% January 1: 18%
How are property taxes calculated?
A tax rate is the rate of taxation applied against the assessed value of property within a municipality to collect the revenue required by the various taxation authorities. Normally the tax rate is expressed in mills (dollars in tax per thousand dollars of assessed property value) or sometimes as a percentage of an assessed property's value. For example, a tax rate of 1.5% on a property valued at $100,000 would require a payment of $1,500 in property tax.
How do I pay my taxes?
Tax Payment Information:
Taxes are billed based on the calendar year and are due on August 31, 2020.
There are several options for paying taxes:
• After hours mail slot – located in the east door of Town Office located at 5307-50 Avenue, Lamont
• At most financial institutions (Roll number is your account number) Allow at least 3 days for receipt of payment
• Mail to: PO Box 330, Lamont, AB, T0B 2R0 (Make cheque payable to the Town of Lamont and include remittance portion)
• Telephone or online banking (Choose Lamont (Town) Property Tax, Roll number is your account number)
• Monthly Tax Installment Payment Plan
• E-transfer - using email: email@example.com include your Roll# as reference
• Credit cards are now accepted for tax payment though OptionPay.
You may also set up a preauthorized monthly withdrawal with the Tax Installment Payment Plan (TIPP):
Tax Installment Payment Plan (TIPP)
What if I have questions about my property assessment?
Assessment Information for Residential Property Owners 2020
Review your property assessment notice to ensure:
- Your name and address are correct
- The property classification (residential, farmland, non-residential) correctly describes your property
Next, compare the assessment on your notice to the typical market value of your property as of July 1 of the previous year. You may compare your assessment to the assessments of other properties similar in size, age, quality, condition and location.
To check that your property assessment is fair in relation to other similar properties in Town, you may view the other properties to compare to here:
Assessment Value Information
The assessment value amount that is on your notice is an estimate of the market value of your property as of July of 2019. The assessor used sales leading up to July of 2019 to establish the assessments. This is prior to the Covid-19 pandemic and the collapsed economy and, unfortunately, can not be changed due to Provincial regulations which govern property assessment.
At this point it is unknown how the loss of employment, the closing of businesses, and/or other economic factors will affect real estate market values and, therefore, future assessed values. Assessors are bound by strict guidelines for assessment and will be ensuring everything possible is taken into consideration for the future.
You are encouraged to talk to an assessor if you have concerns about the assessment as it relates to your property value in July of 2019. Please also keep in mind that the assessor does not set the tax rates in the municipality, and therefore cannot answer questions about property taxation. Nor can they answer questions about the amount of services you receive. For tax rate questions, for questions about services, or for general inquiries please contact the Town Office.
Once you have compared your new assessment to its previous year's market value and to the assessment of similar neighbouring properties, and if you still have questions or concerns about your assessment, contact the Town’s Assessor, Tanmar Consulting Inc.
Need more information - check out the Guide to Property Assessment and Taxation in Alberta
How do I file a complaint?
If you are not satisfied with the assessment after talking with an Assessor, you may file a complaint with the Assessment Review Board.
To file an assessment complaint to the Assessment Review Board:
- You must complete an ARB Complaint form. If you are using a tax agent, please complete the Agent Authorization form as well. The forms are also available at the Town Office. Form(s) must be filled out completely by the assessed person or taxpayer of the property, including the reasons for your complaint. The Assessment Review Board cannot hear matters that are not listed on your complaint. Be prepared to present your evidence at the hearing.
- The appropriate fee(s) must accompany the complaint form - $50.00.
- The form(s) must be returned by the date specified on the front of this notice (except for linear property) to:
Clerk, Assessment Review Board
P.O. Box 330
Lamont, AB T0B 2R0
Note: An assessment complaint does not exempt you from paying taxes on time or from late payment penalties. If a complaint is successful, the adjustment will be applied to your tax account. Refund requests must be made in writing.