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LZ is right. Please read carefully.1 L" ~1 B( x! v/ K4 Q
CBC News:
/ ^5 w( H& k( tEdmonton 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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Annual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.8 x* d" y7 \: a* S$ l
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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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) H+ Z7 [' F- y% c' S. g& c tThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."8 c% [, Q: k/ R- B) Y7 Q
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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.& O7 i+ Y' {1 c5 E- l" U
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The value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.8 Y6 U0 B' |0 H: r! o: `8 `
$ q" w+ ]$ t0 H, IFor 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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! ?' v7 L) M# l& j& d/ R, ZTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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