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" D s+ j0 d2 Q4 S" _3 vLZ is right. Please read carefully.
- [' s, G: D, |CBC News:
8 V: z3 @- n$ LEdmonton 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 $108 from the year before./ g( J9 d; u, t$ f4 d* h
& k* } U$ l2 l& q& Z9 {Of that amount, $2,385 will go to the city (an increase of $80) and $993 to the province (an increase of $28) for education tax.- t6 A9 `6 {7 v. q( ]$ K
" ~ e, B4 ^. j4 M$ o2 vThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy.", B3 T+ z9 C# v( e
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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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! f; ]5 I. K9 t# TThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.& S9 W3 R" y- D. L& n8 L! C# [& z
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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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