2017 Assessment Year Modifiers Finalized

UPDATED January 2, 2018

Please note that our initial publication on December 22, 2017 sourced information from Alberta Municipal Affairs' official release, which contained incorrect AYMs for Electric Power and Telecommunication properties. The values in the table below have been updated to reflect the corrected values.


2017 Minister’s Guidelines for Linear Property, Machinery and Equipment, Railway, and Farm Land were approved by Alberta Municipal Affairs on December 19, 2017. A bulletin outlining the approved 2017 Assessment Year Modifiers (AYMs) was released in conjunction with the guidelines.

The finalized AYMs differ from those proposed in the fall. Assessment Year Modifiers for Wells, Pipelines, Telecommunications and Electric Power Systems remain unchanged as compared to the 2016 Assessment Year.

A summary of the 2017 AYMs and cost factors for regulated properties is included below.

 

Property Type

Cost Factors

2016 AYM

2017 AYM

% Change

Pipelines

 

0.971

0.971

0%

Wells

 

1.175

1.175

0%

Cable Distribution

0.72

1.375

1.389

↑1.018%

Machinery & Equipment

0.71

1.380

1.400

↑1.449%

Telecommunications

0.88

1.139

1.152

↑1.141%

Electric Power Systems

0.71

1.406

1.435

↑2.063%

Railway

 

1.34

1.37

↑2.24%

FARMLAND

 

 

 

 

Dry Arable

 

1.000

1.000

0%

Dry Pasture

 

1.000

1.000

0%

Irrigated Arable

 

1.030

1.030

0%

 

If you need additional information or have any questions, please don’t hesitate to reach out to Ryan Ford, Director of Energy and Power Services at 403.456.6000 or by rford [at] aecpropertytax.com (subject: 2017%20AYM) (email).