Cochrane residents can expect their tax bills in the mail starting this week. 

The town says 15,670 residential and non-residential 2023 property tax bills have been mailed out

Property owners must pay the bills in full by June 30 to avoid late payment penalties. 

Money from tax bills is split between between supporting municipal services and supporting provincial education, with 67% allocated directly to the Town of Cochrane to provide municipal services, 32% allocated to the Government of Alberta, supporting education and 0.6% allocated to support seniors housing according to a news release from the town of Cochrane. 

“Your property taxes directly support the municipal services that residents use daily, such as parks and pathways, waste and organics, and community safety,” explained Alvin Allim, Director of Financial & Information Technology Services, Town of Cochrane. “It’s important to recognize that more than a third of the property taxes collected are allocated to the Province to support provincial education and seniors' affordable housing through the Rocky View Foundation.” 

You don't have to pay your tax bill all in one shot. The town offers a variety of payment options, including the tax installment payment program (TIPP). This allows property owners to pay their taxes on a monthly basis.  

Because of the increase in real estate transactions in Cochrane, Alberta Land Titles is currently experiencing delays in processing land titles, which may result in a delay for property owners to receive their tax bills for properties bought in 2023. The town is asking residents who do not receive their property tax bill by June 7 to contact taxes@cochrane.ca. 

There are resources available those requiring financial assistance through the Cochrane Family and Community Support Services (FCSS) and the Seniors Property Tax Deferral Program (Government of Alberta).