The Municipality's 2009 tax assessment breakdown shows that the majority of the assessment consists of property classified as residential. Approximately 73% of the Crowsnest Pass tax roll is considered residential in its nature. Compared to about 27% of the assessment classified as non-residential, which includes both commercial and industrial property. The portion of the assessment classified as machinery and equipment makes up 3% of the total. Overall, the total value of all land and buildings in the Crowsnest Pass is valued at over $1,056,281,170 dollars. According to Alberta Municipal Affairs, the average equalized tax assessment in southern Alberta is comprised of approximately 70% residential, 30% non-residential and 5% other categories (linear, machinery and equipment).
What is Market Value Assessment? Mill Rate Taxation - Senior's Rebate Program
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