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+ w: C: J! I. Z9 fLZ is right. Please read carefully.
* Q" Y3 g( p9 P* i* j* uCBC News:
& q" s1 J* f& q4 C# E W; B( y+ kEdmonton 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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5 y6 x# H' b6 D2 GAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.9 T/ z6 @4 U s0 c
7 f9 O q3 C* |' Q$ m: X9 i' pOf that amount, $2,385 will go to the city (an increase of $80) and $993 to the province (an increase of $28) for education tax.
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The values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."; U. A: m% U$ R
) S9 b* B+ \- vThe 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.4 u0 A9 p7 n9 ]. t3 B
8 Y; Z: x8 s6 A" J" IThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.
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$ H& k- W& b% @: q) Q2 tFor 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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