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. q9 q) A- d& C# V) ~2 e0 uLZ is right. Please read carefully.
0 j; B5 t+ F2 ~: x) B* XCBC News:
" T' \3 ~5 E9 m, c; T7 ]Edmonton 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.% l B' F' b& e1 Q2 k( s! [
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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 $28) for education tax.1 u& y4 L" _& _! P/ m. c. r
# _, G1 a2 Y8 c' M1 Q; a$ b, OThe 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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% }- Z( n/ G/ p3 U7 A0 g$ p# XThe 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.9 a: d+ Z& e; S% S: Z, P' F
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The value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.$ k# [4 E9 `! e3 N
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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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