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5 f/ o+ B8 M$ D! p7 J$ _% h- Y mLZ is right. Please read carefully.5 i+ u z# u' ]! I) D! H2 {
CBC News:
- F$ @" d" D! {) m% S; pEdmonton 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. u/ v. E! m, }) w9 h X: J
! [+ j& B" S4 \ r8 oOf that amount, $2,385 will go to the city (an increase of $80) and $993 to the province (an increase of $28) for education tax.3 s- ~' l3 D* {7 a- j( N$ W: ~
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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."
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- w6 ?7 a, N* y& q$ j9 oThe 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. v: G# A8 S b! l0 O6 Q
8 x5 z4 C! H9 k: _! Q0 uThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.
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, x8 l6 k( A" i9 \1 U' ?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., V/ ~3 a( y0 I) l h0 O, K2 ]& f1 Y5 I
+ m# K% I- y4 @ ?2 U5 w" sTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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