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LZ is right. Please read carefully.: v5 p3 T6 ?! Q0 O. \
CBC News:
7 r$ I9 d( |) V4 B, ^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., p. [/ o8 I7 d% a2 \
6 @: e- D: _5 g( P7 s0 r8 ?Annual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.# S0 x* T/ P% l+ O* N% s
* J4 x B- M2 i$ p/ j; `% M7 pOf 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./ j( L3 V: K# x% ]: r0 P( N
" r8 N% ?9 ~- _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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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.. g) O) k% h( z. R- K
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The 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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4 K+ I# P! E& n4 d( k n5 N1 }Tax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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