Residents can expect to see their property tax notices by next week. The city will begin mailing property tax notices on Friday, May 17. Property taxes are calculated and billed annually using the property’s assessed value and the Council-approved property tax mill rate.
Property tax payments must be received by Sunday, June 30 to avoid penalty. They can be made through cash, cheque, debit card or online banking. Payment can be made in person at City Hall (4420 50 avenue) during regular business hours. After-hour payments can be made by submitting a cheque, with the tax roll number included, in the City Hall mail slot.
Property owners can also pay their property taxes at their financial institution. Payment cannot be made with a credit card. After June 30, penalties will be applied to outstanding property taxes at a rate of five per cent on arrears and one per cent per month on current year taxes. Assessment and tax information can be found by visiting www.lloydminster.ca/propertytaxes or www.lloydtaxes.ca.