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0 ?, J" G0 j8 F3 n' b; H3 l% c( Z- RLZ is right. Please read carefully.
7 U1 d, `" |$ l7 C* [0 `: C+ p9 P1 DCBC News:
" M1 ?) a! X# M. t# I1 ~; uEdmonton 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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( |0 v% _6 e6 Q& d. t) l; fAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.1 V8 J: B4 `4 p# c0 \8 Z
8 h9 R! S# e& G4 wOf that amount, $2,385 will go to the city (an increase of $80) and $993 to the province (an increase of $28) for education tax.
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6 B+ N: G- g: Q2 q2 D0 f n LThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."
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* [3 ^( }$ Q7 M7 b; c# x0 H [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.4 l0 Z/ N B9 o8 \+ e a1 {1 \
; M! P) {! I$ C* U9 ^The value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.$ b) b( v* x: k
1 u& _( N& x3 F( G4 M: t; uFor 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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