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LZ is right. Please read carefully.) d4 B4 m2 I+ ?0 C! |& E/ s! P
CBC News:
) Z4 z, |. V/ g4 p: l% ^* DEdmonton 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 T; _2 o3 u" L* N
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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.
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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 $28) for education tax.- E8 b, A% {( v
0 A! j7 D# H( R9 mThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."
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4 o$ H! R' M* R- D, z+ jThe 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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The value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.& [2 w# }- j+ T/ r& A
0 t) q8 {, v7 e* e2 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.+ ?; v9 d) q* b7 W- ?3 T
0 O/ Z b, V8 r' u5 ]0 {7 UTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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