What is the tax rate? When are taxes due? How is property assessed?
In the Town of Rainbow Lake, Alberta, 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. Source: [2019-02] Tax Penalty Bylaw, verified 2026-06-08.
| 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" |
Prescribes penalties for late payment of municipal taxes in Rainbow Lake.
Establishes the Assessment Review Board for Rainbow Lake to hear property assessment complaints.
Annual taxation bylaw setting 2025 municipal tax rates for Rainbow Lake.