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. Y2 ^) i+ L; g5 W2 CLZ is right. Please read carefully.. z7 U2 O! v' B q- P8 `
CBC News:
8 W6 Z9 `5 M% e9 `- v( L# A! c+ BEdmonton 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.- m9 }2 \; r8 m; b; R) f
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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.
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/ O4 s/ u6 r3 z4 P6 TThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy." ~3 k6 J/ u" l" d
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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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! \8 S4 L8 F# ~7 m F1 A; SThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.
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+ b. ]$ B5 S$ a5 dFor homeowners who pay taxes in monthly instalments, the bill for the typical single-family house will be $281, up $9 a month from 2016.) K- d: W6 A6 k
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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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