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; r% w ?' m. _5 KLZ is right. Please read carefully.4 H" x3 l2 c( l! D; L! ]" _: {7 l! U
CBC News:
: v7 }" c/ D$ R/ z+ mEdmonton 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.) A$ R8 m. i1 r4 {/ T6 h
: s$ a5 e( @+ c5 O" I5 l* |Annual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.- e% A0 ?$ D2 z& B& h) }) i
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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 $28) for education tax. \% @! s# p8 U- K% r, n
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The values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."$ {+ P* E6 C o& p
3 N7 @. B5 T, ZThe 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.2 d1 k* L: n2 c5 H, z, u
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The value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.( V& V4 ?$ I8 n3 a& x3 L
8 E3 F+ g6 B' ?. U6 nFor 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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, v3 Y/ \" a7 i( S. CTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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