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7 E0 [9 x5 E: @1 v4 z1 ]/ }LZ is right. Please read carefully.+ f% H1 g$ B' D, M d4 p
CBC News:
4 L" A% e' B% y9 p/ zEdmonton 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.1 j8 ?5 z2 U6 s0 _2 F r
0 e% u9 S1 D- [ w: @8 MAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.
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9 F) J2 R/ \7 V- t0 MOf 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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The values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy.", j# r8 Q3 h3 r1 e4 f8 }/ |
L% I0 I, C7 I5 Z( K6 PThe 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.- g4 q: Q) l- V0 C4 }
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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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, ]; ?5 [: Q6 D O6 n# LTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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