Finance

Financial Statements

2012 Interim Budget - please note that this is not the final budget, which will be set in June, 2012.

2011 Taxes

The 2011 Assessment and Tax Notices were mailed on June 28, 2011. Please note the date to pay taxes is still July 31, 2011. The date for assessment appeal has been extended to August 29, 2011 due to the delay in mailing.

Due Date for tax payment is July 31^st to avoid all penalties, whether or not you receive your notice. Payment must be sent to the Summer Village office at 5515 – 44 Avenue, Wetaskiwin, AB T9A 0C8. Cheque(s) must be dated no later than July 31, 2011. If mailed, the envelope must bear a postmark of no later than July 31, 2011. Make cheques payable to: The Summer Village of Itaska Beach.

Property assessments are an estimate of the market value of property as of July 1^st of the year prior to the tax year. Assessments decreased on average this year by 12% for residential, and 14% for vacant lots. The Alberta School Fund Foundation decreased by $6430. The average taxes decreased overall by 3.9%.

Seniors can receive a rebate for the difference in increase for the Alberta School Fund Foundation requisition. For more information, please call 1-800-642-3853 or visit www.seniors.gov.ab.ca.

Education Tax

For more information on the Education Property Tax, please visit their website: http://education.alberta.ca

Assessment Complaints:

For an overview of assessments and frequently asked questions, click here.

Assessment Information Brochure

Assessment Complaint Process

If you believe your own or any other assessment is unfair, you can go to: www.crasc.ca and submit an inquiry - the assessor will contact you as soon as he is able to review your assessment. Please note: most concerns are resolved before complaints reach the Assessment Review Board. If, after discussion with the assessor, you still do not agree with your assessment, please speak with the assessor about the assessment appeal process.

For a complaint to be heard by an Assessment Review Board, the complaint form must be completed and filed at the Summer Village Office along with the appropriate fee, as established by Council, no later than the deadline date (as will be indicated on your Assessment and Taxation Notice). If an Assessment Complaint is to be handled by an Agent, the Assessment Complaints Agent Authorization form must also be filed.

Assessment Complaint Form
Assessment Complaints Agent Authorization
Assessment Appeal Fee: $50 for residential of 3 or fewer

A complaint against your assessed property value does not exempt you from paying taxes on time or late payment penalties. If a complaint is successful, the adjustment will be applied to the tax roll.

Local Improvement Levy

All cottages in Itaska must be connected to sewer. When the sewer line was installed in 1989, a levy was implemented for all home owners. Some residents chose to pay this entire levy in full, while others will see a local improvement levy on their taxes. If you are interested in pre-paying this levy, please contact the Summer Village Office.