Assessment notices were mailed to all property owners in Airdrie on January 30. Residential property values have decreased slightly in market value over the last year while non-residential property values increased. It's important to realize that as assessment values go up or down, tax rates will be adjusted accordingly. 

The Assessment Department is committed to providing the citizens of Airdrie with a fair assessment of their property. It is a reflection of the estimated market value of a property and is used for the purposes of taxation.

If you haven't received your taxation assessment by February 15, you're asked to contact the City at 403-948-8855 and they'll send you one. Tax rates will be set in April by Council and the taxation notices will be mailed on May 28, 2012.

Suzette DeMott with Airdrie's Assessment Department explains where percentages rose and fell.

Even though the average assessment value in Airdrie has increased by 79% between 2005 and 2010, the average property taxes have only increased by 20%. The 2012 comparisons will be updated once the tax rates have been set later in the year.