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* A8 D F# w6 @3 b8 RLZ is right. Please read carefully.( W7 z. @: b% d1 Q* R3 B
CBC News:
2 y, Q% R0 t9 x' Q3 L- T1 x, Y, z3 LEdmonton city councillors finalized the property tax rate for 2017 on Tuesday, with an overall increase for a typical, single-family home coming in at 3.3 per cent.
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6 ?( o8 Z5 _' d+ y, q3 Z9 IAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.8 ^# Q7 M3 R, O: ?
! f. J9 m/ Z7 }+ \( aOf that amount, $2,385 will go to the city (an increase of $80) and $993 to the province (an increase of $28) for education tax.
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The values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."
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' _! G1 }$ L1 _; _The city uses a "market-value" method to determine assessments. Most property types saw decreases in assessed values as of July 1, 2016, the date they were recorded, the city said.
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! r8 j6 p- j, d3 }& yThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.
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For homeowners who pay taxes in monthly instalments, the bill for the typical single-family house will be $281, up $9 a month from 2016.8 O1 {$ a2 H8 }9 T, S3 o6 H6 n
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Tax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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