Assessment and Taxation
Assessment & Taxation are an important function in the operation of the Town of Wainwright.
Assessment services include the following:
- providing fair and equitable property assessments
- conducting market based assessments annually
- sending out a combined assessment and tax notice within the guidelines established by the Municipal Government Act
Taxation services include the following:
- taxation year is January 1 to December 31
- the collection of municipal taxes
- the collection of education taxes
- administration of the Tax Pre-Payment Plan
Municipal Finance (2009 Figures)
Mill Rates:
Industrial/Commercial: 12.1294
Residential: 7.2744
Business Tax: None
The Town of Wainwright has historically maintained a stable and desirable financial position. The following figures prepared by Alberta Municipal Affairs indicate how Wainwright compares to other Alberta towns of similar size (population range 3,932 to 6,540) for 2006.
| Wainwright | Median | |
|---|---|---|
| Net Municipal Property Tax Per Capita ¹ | $591 | $678 |
| Long Term Liquidity ² Per Capita | $1634 | $277 |
| Debt Per Capita | $303 | $672 |
| Reserves Per Capita | $1547 | $674 |
| Equialized Assessment Per Capita | $65,000 | $64,000 |
¹ Municipal property tax is for Town purposes only. School and other requisitions are not included in this figure.
² All financial assets less liabilities.
