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. q; d& U8 [5 y& I4 x# FLZ is right. Please read carefully.
/ P' ` h% j ]9 |) aCBC News:
7 m" @) M2 M! n9 }5 REdmonton 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.* B1 {+ F& K. o5 z0 R
8 [" ^/ _: A; D6 d) mAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.- U g, `6 s! m' p% ~4 I+ [1 s' n
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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 $28) for education tax.' i, J. x7 G! |* A8 U& _. i
6 }, f) w8 H, P0 g! bThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."$ H6 Z- T7 E; H3 ]% V. P1 u1 _
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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." v: {) n. E+ O, t
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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.
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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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