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Property tax hit $7,900 this year, my actual house value went down $18,000
Got the assessment notice for my place in Lethbridge yesterday. House is worth less than last year, which makes sense with interest rates, but the tax bill went UP by 11 percent. How does that math work for anyone? I get that mill rates adjust, but at some point it feels like we're just paying for the city's new projects. Anyone else see their assessment drop but their bill climb? What did you end up paying this cycle?
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west.casey8d ago
Exact same thing happened to me in Calgary. Assessment dropped a bit but the bill went up almost 9%. Mill rate math might work on paper but it sure doesn't feel like it when you open the envelope. Glad it's not just me scratching my head over this.
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