Brazeau County applauds province on linear assessment decision
Brazeau County is pleased with the provincial government’s decision to hit the ‘pause’ button on making changes to the oil and gas assessment model review.
In a news release this week, Brazeau County says it “appreciates the recent decision by the Alberta government to find middle ground in its decision regarding changes to linear assessment and the taxes paid to municipalities.”
The County was one of many rural municipalities who voiced their concerns to the province this summer, saying changes proposed to them would severely impact their budgets.
The provincial government announced on October 19 that it will forgo the assessment review for now. Instead, the UCP government will exempt energy companies from property taxes for three years, lower assessments for less productive oil and gas wells, and eliminate the well drilling equipment tax.