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LZ is right. Please read carefully.7 y% l! c3 {0 w# }. }3 b# o7 W9 B
CBC News:
' e. n2 l$ \ N- oEdmonton 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.' F5 x* ^" z. w& P$ W
4 o; Y' d; ]) W- n% o# bAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.6 E6 ~( ?3 B$ v& B
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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 $28) for education tax.; M+ `1 l6 S1 \- [; V4 ]1 }5 h- K
' V9 n+ d* l' s/ i) o/ OThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."$ X/ D0 h7 F) @" Z
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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." `. } F& F; d) i; p c
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The value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.; U n3 x$ F8 K* k8 V. @% s
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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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