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( k1 b/ `6 q8 ^+ h! |6 y. d& {LZ is right. Please read carefully.3 x0 O( W# F& D# W
CBC News:
/ X% Z4 \- g7 `$ W8 iEdmonton 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.; t, p& {! c0 i; F* o- G' M
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Annual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.2 l' H$ `+ x/ J- a. k$ z
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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 $28) for education tax.
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$ v- I2 ]3 e5 D0 I0 B4 \9 @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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2 [+ T% s; j0 F. QThe 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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9 y5 H8 Z& W9 s! UThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.) N' _) ?8 b5 B2 L) L( `: q
1 \- n$ ]7 P. NFor 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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