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1 g2 ~. y3 @' h2 wLZ is right. Please read carefully.
/ E( x# |7 Z: y5 ]! G- ~' m3 JCBC News:
, y) F' I0 T' ?9 REdmonton 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.2 n4 ^. D" t" k, r1 I
0 P* U2 |- Y |0 m: D yOf 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.+ U+ z+ [, T5 T) [: U( h
" c! i; x8 s( \/ vThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."- a; T4 L1 i1 G
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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.
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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.& T( B: m0 q1 x, v. n
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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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