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$ l; T- s: z6 G [% c6 ]5 q3 W" G2 ]1 BLZ is right. Please read carefully.
+ O E% o& `0 E p) }CBC News:
3 D. h* c8 S% U) C2 nEdmonton 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.
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2 s2 p5 H1 O5 S( |' K" Q2 r% AOf that amount, $2,385 will go to the city (an increase of $80) and $993 to the province (an increase of $28) for education tax.
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* Q; s6 Y D) w- e& c AThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."
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6 L8 e* z5 `6 w- V0 z% [" `1 UThe city uses a "market-value" method to determine assessments. Most property types saw decreases in assessed values as of July 1, 2016, the date they were recorded, the city said.
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$ {& J# _( \) \3 vThe value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.. r- U/ [* p9 N* P m$ v
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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.' ~1 p+ z1 T Y% p- |
: K" u. m; U2 pTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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