MV County - Province Announces Shallow Gas Tax Relief Program

Reeve Bruce Beattie says for Mountain View County, property taxes from shallow gas producers represent about five to six-hundred thousand dollars per year.

Mountain View County council could make a decision regarding property tax relief for shallow gas producers after summer break in the final couple weeks of August.

That is according to Reeve Bruce Beattie. He says the County's tax deadline is September 15th.

Through the Alberta government's recently announced short term relief plan municipalities may offer impacted companies a reduction of up to 35 per cent on well and pipeline taxation. The money would then be reimbursed this year by the provincial government by an equivalent reduction in the Alberta education property tax requisition amount.

Reeve Beattie says council recognizes this is a quickly evolving situation.

The qualifying properties - about 65,000 wells and their associated pipelines - are located predominantly across 15 municipalities 

Reeve Beattie says for Mountain View County, property taxes from shallow gas producers represent about five to six-hundred thousand dollars per year.

County officials estimated at the Wednesday, July 3rd council meeting that the preliminary list showed a total of about 909 of those types of energy industry wells in Mountain View County.

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