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 paid per thousand dollars of assessed property value) or sometimes as a percentage of the property’s assessed value. For example, a tax rate of 1.5% on a home valued at $100,000 would require the payment of $1,500 in annual property taxes.
2021 Mill Rate breakdown is as follows:
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- The Single Family Residential and Farmland Mill Rate for 2021 is 11.4682
- The Multi-Family Residential Mill Rate for 2021 is 15.3462
- The Non-Residential Mill Rate for 2021 is 25.4429
Historic mill rates can be found
For more information
Phone: 311 or 403-320-3111 (if outside of Lethbridge)
Address: City Hall, 1st Floor, 910 4 Avenue South, Lethbridge, Alberta, T1J 0P6