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6 N' b* X/ w1 f) y( E! TLZ is right. Please read carefully.
. O3 C7 i9 ?; e2 ~CBC News:
+ T6 ]! n) x" V6 }9 g/ oEdmonton 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.& H% O; d- \0 V8 z0 o
1 a: K# Z% F! p5 d5 xAnnual 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 $28) for education tax.6 k# S/ m+ I! d) k
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The values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."
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: [3 |% l6 |: x! q6 h6 R& y$ V4 yThe 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.; C# g P/ V' H) O0 l4 a1 e
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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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