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3 v0 P4 Q4 c0 x0 x/ aLZ is right. Please read carefully.0 o3 ?% V6 H1 S( ~% t
CBC News:
% \+ [) l8 ]6 WEdmonton 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.) F) R/ p5 X+ L2 v# h! |- |: n
9 e1 F; G$ g% I6 y3 nAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.
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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 $28) for education tax.
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! c; K5 v x& rThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."1 n& Z# u, w* c1 B
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The city uses a "market-value" method to determine assessments. Most property types saw decreases in assessed values as of July 1, 2016, the date they were recorded, the city said. V) V) Q9 e: r$ n' S7 A2 `
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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.* e& w" N* S# i" m9 \# S7 E
$ |0 {. P5 o: D! R. v) n, f( YFor homeowners who pay taxes in monthly instalments, the bill for the typical single-family house will be $281, up $9 a month from 2016.5 z; }" m7 O& L9 \: {
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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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