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8 ~. X1 k$ d6 K( K+ Q" ULZ is right. Please read carefully.0 B3 z% K- i0 |5 T# N$ Z
CBC News:
4 o6 Z+ T* c. D, b! [+ [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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! p# V$ `2 S7 |0 Z1 M: d K; aAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.6 e+ |+ f. U7 c' S. K+ i# h' l
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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 $28) for education tax.
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1 i. b9 P0 z; X4 Q+ d) }' ?0 ]: K$ U6 MThe values of most properties in Edmonton are down this year due to what the city calls "a reflection of a slowing economy."' D* o+ d, N: O* t% C2 l' l* a
; `3 @6 q% z% V9 }4 tThe 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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The value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.
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For homeowners who pay taxes in monthly instalments, the bill for the typical single-family house will be $281, up $9 a month from 2016.+ V/ A) a$ ` o% t q+ t$ \
0 L" G! a9 W5 `! o" z: UTax notices will be mailed to all property owners on May 23. The deadline to pay is June 30. |
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