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LZ is right. Please read carefully., v7 S; N# G; E) B2 w1 v: h. P: ~1 ?
CBC News:
, ^* w5 W$ S0 w* {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. J! `- z: v; V' s9 v, c
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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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The values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."! l" [* Q# \) Q5 I2 @' `
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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.0 q* o7 v+ ?" X7 W8 S' P
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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." w8 L E7 |! 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 $9 a month from 2016.0 B, y& H# l/ v6 s
6 n+ A4 h$ \0 d4 |6 z7 z- m+ tTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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