How is the municipal portion of my property taxes calculated?

The assessment value of your property is determined by the appointed municipal assessor. The municipal property tax rate is set by Council.

For 2026, residential assessment of properties in the Town of Ponoka increased by $71.4 million, and non-residential assessment increased by $23.4 million for a total overall increase of $94.8 million over the 2025 assessment.

The increase in property assessment values is another reason why some property owners in Ponoka may see an increase on their property tax notice.