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) S' g9 I* l6 K. yLZ is right. Please read carefully.; l; [& W# `7 ^1 {
CBC News:
" z- a3 \; { m) O, c1 R0 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.! U4 b P* Z7 u8 k' f% Q" p. ?8 ]
6 J: P8 }5 Q/ o5 ]/ ]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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. x- `0 N" _. y% \& \0 h6 t3 C; [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.2 z( ~* {0 Y- W; M& u
7 }6 _' H0 k- N. @0 v' u% FThe 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.
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The value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000. c6 Z2 u Y$ v* L9 a
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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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% `5 |( x1 F- o; ]Tax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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