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, A% b+ m9 ~- E4 @. y/ H. q( OLZ is right. Please read carefully.8 k% ]. v, o* B) [$ I1 q; A( A @
CBC News:
" @# ]" `' k) |2 f6 EEdmonton 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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8 F) O$ B4 a1 F! y+ r3 N8 Q7 yAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.( Q+ U( a" L1 r# c0 }+ t5 ]
( _) Z7 n2 F" ]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.7 u# b! P3 n. d
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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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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.6 K m; S/ H( L5 o) v2 N
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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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, C: `+ Q8 y) O; s x0 OTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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