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LZ is right. Please read carefully., P1 K d4 k7 _$ c/ ?2 x& M
CBC News:
- ~8 c( f+ w! `2 E! H6 Q+ G% `3 QEdmonton 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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Annual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.
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8 q; s* T! ?# o* D x/ g- C ZOf that amount, $2,385 will go to the city (an increase of $80) and $993 to the province (an increase of $28) for education tax.- s$ Z0 k2 h0 x6 ]- ~* j" y
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The values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."( M* A6 {8 Y" O( V! r4 y4 {
, T2 V: b! M: ^. ~: e: c: hThe 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.! Q. p0 T8 z7 }& B' h
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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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