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4 Y- Y' ?, a" w9 LLZ is right. Please read carefully.
" w. a. i5 @8 uCBC News:
5 s; U8 w0 E. K7 q/ @Edmonton 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." g2 w2 l5 F Q3 U6 R
7 D3 A( E7 W9 w1 cAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.
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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 $28) for education tax.- K! z% k! x# n! G- ^* I
; B- l# ^9 j' q/ z" B- {2 K: H0 a' rThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."
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# G* H! k' d4 Z$ uThe 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.
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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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