Some Calgary property owners forced out of homes and businesses after flooding last June can apply for property tax relief, officials announced Monday.
The Property Tax Relief Program will forgive taxes if the property was uninhabitable for 90 days or more.
- Property tax relief for flood victims progresses at City Hall
- High River residents devastated by flood to get tax break
“We are very pleased to be able to offer this new program to the community,” said the city’s acting chief financial officer Beng Koay in a press release.
“It provides some financial relief to help property owners rebuild and we are pleased to be able to offer additional enhancements to the program.”
The program, which launches March 3, includes:
- Applies to residential and non-residential property.
- Owners whose property was deemed uninhabitable can apply for a property tax break for the time they were out.
- A 30-day grace period will be added after the property is reoccupied.
- All 2013 and current year penalties charged to qualified property tax accounts will be credited back to the accounts and interest will be added.
- Property owners need to complete an application and provide proof the property was uninhabitable and could not be occupied for more than 90 days.
Property owners displaced by the flood are encouraged to go to the website www.calgary.ca/taxrelief after it launches on March 3 to review the criteria for program eligibility, the process to apply and how to obtain an application form.
“The March 3 launch date gives property owners time to apply for the program so that the city can process tax relief credits before the general mail out of property tax bills in May,” said city tax co-ordinator Pat Brown.
Business owners whose establishments were closed for an extended period after the floods can contact the Business Licence Registration at 403-268-5311 to inquire about tax adjustments.