Politics
Albert Park Property Assessment Review Timeline Outlines October Billing Changes for Residents
The review will result in updated property tax statements mailed to Albert Park households by the end of September.
How we reported this
The Albert Park City Council adopted the 2026-2027 municipal budget on June 15, which sets a new property assessment review schedule with the first revised tax statements scheduled for mailing on September 30. This process covers all 18,450 residential parcels in the city and will adjust assessments based on the 2025 valuation roll maintained by the city assessor’s office.
The review follows the annual fiscal planning cycle completed by the finance department in late May, when officials compiled expenditure projections for public safety, road maintenance and parks operations. The budget document filed with the city clerk lists total general fund outlays at $47.2 million, with property taxes expected to supply 68 percent of that amount.
Changes for Households and Local Services
Residents will notice the effects first in their October utility and tax bills. Properties in Wards 2 and 4, where reassessments were completed last month, face an average upward adjustment of 3.1 percent, while commercial parcels along Main Street will see statements reflect updated square-footage values recorded in the assessor’s database. The city’s customer service center at 1420 Lakeside Drive will begin accepting appeals on October 1, with a 30-day filing window.
Local advocates note that the revised assessments will also determine eligibility thresholds for the city’s senior citizen property tax deferral program, which currently serves 1,240 households. The budget paper states that any deferral applications approved after the September mailing will apply retroactively to the October billing cycle.
Next Implementation Steps
City staff will conduct public information sessions at the Albert Park Public Library on July 22 and August 5 to explain the calculation method and appeal procedures. The legislation requires the assessor to publish a summary of final adjustments in the city’s official gazette by November 15. Further updates to service contracts funded by the new assessments are projected to begin in the first quarter of 2027.