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8 I$ S1 @" S# @/ cLZ is right. Please read carefully.4 S, o& K. s/ _/ T* k' ]; D: K
CBC News:
9 z8 c; } v9 C0 B- v. `Edmonton 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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2 x$ ?6 k4 s! yAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.
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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 $28) for education tax.% L' a) a# n5 e
: l. k/ b# a1 O3 p p% gThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."* a( i3 s( I$ A9 _ ~6 g4 ?
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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.5 Z$ ]' D' {. J. y% J5 O
9 Z7 S/ O! q$ a0 sThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.. m& O, i! W( i. |
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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.
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3 h6 L; G! ]2 [5 zTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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