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' z, j! c3 Y" h6 Y% f) v% sLZ is right. Please read carefully.; R3 @, K6 {/ B& t, e. d o1 A
CBC News:
5 X. \# b9 F5 I' U. c/ N. XEdmonton 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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5 A2 T8 g3 Z" \Annual 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.
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- U, M0 Z& x/ W# P. b( z" YThe 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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" T( R3 y% g! Y5 d5 }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.. p4 O* n' O3 h f
1 h1 v& |) I, A+ d( K/ C; vThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.
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6 ^; F6 D' x1 t8 X5 G5 xFor 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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' \ } r3 g: z* J* N: E0 e8 c, eTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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