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LZ is right. Please read carefully.! V3 l2 `7 [) ?+ z' N6 E }; t
CBC News:
/ }& Y9 T9 [1 A h+ z$ 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.2 a W" X1 ^! U4 P
! e# S9 q' k: m% m3 WAnnual 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 $28) for education tax.0 b R* x1 o$ ?8 F) a; [
; f; q) e5 F% QThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."9 N; @' V) v# O( `: E u8 |$ I. i
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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.
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$ L+ Z7 i6 u# q9 K. ZThe 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 $9 a month from 2016.
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) m3 c$ m' u3 e# @Tax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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