Property assessment report reveals some shifts

Cochrane’s 2013 residential and commercial property values may have experienced an overall increase from last year, but not to the extent the mayor and council were hoping.

During a presentation on Feb. 11, Mayor Truper McBride said he and council had expected property assessment values to experience a greater increase than the 3.92 per cent it had, indicating that the slower than anticipated growth could have an effect on tax rates, which will be established by council this spring.

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