What is the tax rate? When are taxes due? How is property assessed?
The Town of Rainbow Lake, Alberta has 3 adopted bylaws on file: [2019-02] Tax Penalty Bylaw; [2023-03] Assessment Review Board Bylaw; [2025-01] 2025 Taxation Bylaw, verified 2026-09-27.
[2019-02] Tax Penalty Bylaw
adopted bylaw
penalty interest
2% on all current outstanding taxes applied 30 days after mailing of current tax notice or July 1 (whichever is later); then 2% on first business day of each month thereafter until paid in full
"a two percent (2%) penalty on all current outstanding taxes shall be applied thirty (30) days after the date of mailing"
scout note
Prescribes penalties for late payment of municipal taxes in Rainbow Lake.