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+ N, y/ [) l0 t( O/ y+ R4 H4 cLZ is right. Please read carefully.& R, M7 P1 _5 D% r3 }" ]
CBC News:
6 V( e5 f t4 Y" B# SEdmonton 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.' H7 O% d3 x7 m4 b& }
, i+ ]8 j1 J, U f1 IAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.
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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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/ V7 V2 ?. u3 w% AThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."1 R5 u1 b( s' Y6 A7 ~6 r# |! k& x
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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.
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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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Tax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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