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G, j3 l. U3 s0 Y6 FLZ is right. Please read carefully.
2 @) Y( }# j2 k1 PCBC News:
# @; w- r% V1 Z, g2 m! I' e( 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.: ]+ g; q5 p3 F& @5 ]9 o/ x/ h* ]7 i
1 `8 I3 K3 E2 Q! S. RAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.+ T, Z1 z. m8 O- A ~8 q% y: ~
$ B" B( M( H' T' @6 _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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5 G/ {, ^% X6 w5 o. SThe 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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# e( y, Q Y% U. \& B- dThe 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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3 J4 B3 a& g/ DThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000./ x; ~9 U* L; Z: ^# _, f' D. t
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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.% Q5 {- E6 a% H; X' k1 L
# y1 K/ C4 t8 x9 bTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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