If your home was under construction on December 31 of the previous year, you will receive a Supplementary Assessment & Tax on a pro-rated basis. The Supplementary Bylaw was originally adopted in 2001 to achieve equity in taxation in the Town of Stony Plain.
A supplementary assessment is completed on all properties that have had any improvements (i.e. new builds, additions, etc.) completed during the current tax year. The annual Property Assessment Notice issued in February of each year reflects the condition of the property as of December 31st of the previous year. The supplementary assessment reflects the increase in assessment value in addition to the annual property assessment.
Supplementary Assessment & Taxation Notices are mailed in September of each year and will reflect the improvement assessment value of the property. The supplementary taxes are due by October 31st of each year and are prorated from the date of completion to the end of the current tax year.