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LZ is right. Please read carefully.& J8 w3 R6 _: o$ s7 U
CBC News:
3 q' P D7 D1 W4 ?& b/ fEdmonton 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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Annual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.9 `, Z; ~1 ^* E) J
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Of that amount, $2,385 will go to the city (an increase of $80) and $993 to the province (an increase of $28) for education tax.$ q! u* ~6 o! I
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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."8 W0 e, x. p& ]7 @
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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.* k: }; _. S4 Y6 f' i0 L
- v$ d5 f3 C9 x- t* O8 C' QThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.3 n5 n' i t7 _' `9 G% O" M
: w& z9 C+ C, g- o G' JFor homeowners who pay taxes in monthly instalments, the bill for the typical single-family house will be $281, up $9 a month from 2016.
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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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