Property values are up in Alix, Alberta [Video]

The Village of Alix council heard a report that the municipality’s equalized assessment has risen considerably compared to similar villages. The report was made at the Oct. 2 regular meeting of council.

Village chief administrative officer (CAO) Michelle White provided council with a report on equalized assessment; that is, the average of property values of all Alberta villages.

“Alix saw a 10.54 per cent increase in residential equalized assessment, a 9.42 per cent increase in non-residential equalized assessment and a 2.66 per cent increase in equalized machinery & equipment assessment,” stated the CAO’s report to council.

“The average for all Alberta villages in these categories were as follows: residential up 5.73 per cent, non-residential up 4.08 per cent, machinery & equipment up 6.13 per cent.

The machinery and equipment provincial average is skewed due to one village showing an increase of 49.97 per cent and another village showing a 1,212.5 …