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Part of Property tax

Provincial Education Requisition Credit

Provides municipalities with a tax credit on unpaid education property taxes from delinquent oil and gas properties.

Overview

The Provincial Education Requisition Credit (PERC) provides municipalities with an education property tax credit equal to the uncollectable education property taxes on delinquent oil and gas properties.

PERC was scheduled to conclude after the 2023 tax year intake. However, our government recognizes delinquent oil and gas property tax payments continue to be a concern for municipalities. To help address these concerns, Budget 2024 committed to an extension of the PERC program for an additional 2 years to include the 2024 and 2025 tax years.

The maximum annual credit limit is $3 million. If the program’s $3 million limit is exceeded, applications over the limit will be considered in the following year. Municipalities will not have to reapply.

Applications are due to Municipal Affairs by January 15, for the previous year(s) uncollectable taxes.

Municipalities may apply for:

  • PERC retroactively from the 2015 tax year through to the 2025 tax year, and
  • both the PERC and the Designated Industrial Requisition Credit (DIRC) programs under a single application

How to apply

Read the Property Tax Credit Guidelines first and follow the instructions to complete and submit the application form.

Guidelines and forms

Fillable PDF forms may not open properly on some mobile devices and web browsers. For help opening the forms, contact PDF form technical support.

Contact

Connect with the Grants and Education Property Tax Branch:

Hours: 8:15 am to 4:30 pm (open Monday to Friday, closed statutory holidays)
Phone: 780-422-7125
Toll free: 310-0000 before the phone number (in Alberta)
Email: [email protected]