2020 Tax Rates
| Residential | Non-Residential | |
|---|---|---|
| Municipal | 0.0059414 | 0.0081285 |
Education | 0.0027551 | 0.0030038 |
| Seniors Housing | 0.00036997 | 0.00036997 |
| Total | 0.00906647 | 0.01150227 |
Education Tax
This amount is collected by the Town of Olds and paid directly to the Province of Alberta for maintenance and development of the school system. The amount of school funds paid by each Municipality is based on population and the tax base and is set by the Alberta Government. All Municipalities must collect and forward these funds.
Senior’s Requisition
This amount is collected by the Town of Olds and paid directly to Mountain View Seniors Housing to help pay for seniors housing in our area.