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. J% \& |4 |7 c2 WLZ is right. Please read carefully., F/ K. ]- I; R, u; ] k
CBC News:
; E% f2 d R% p3 jEdmonton 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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/ z. K9 e5 z2 K5 @, iAnnual 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.. V4 t( e f1 _7 Y" y( M" L
2 E0 R9 ] c# h! @. C& KThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."& O1 \4 O9 `4 C j% R3 W
9 I4 N: |9 z# s# T* w' {0 x ~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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The value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.* C. p- M# X# P" d3 S) c3 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 2016.0 N8 E6 {; | J0 w3 h( R
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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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