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' E0 t+ L# I. A) C$ ? tLZ is right. Please read carefully.* x' _1 v$ x5 l/ b% k7 j. O; K5 H" o
CBC News:
3 R% a* h, x( m% j: VEdmonton 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 ?* E f# S: ]6 D6 q& ?" w; N: p6 w
7 M& q* k' r) W3 vAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.5 [) |3 S4 H F0 _
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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 $28) for education tax.0 t& b. D; O& k8 K! [
' c4 J2 D; B' v6 l9 }$ sThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."6 x2 R) C: F- \
4 W8 }* J" w! v' h$ @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.3 J$ F6 L+ t. d% `. C; C9 a; P
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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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Tax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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