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) ]! i& H" n: T6 v: w9 d. O$ ]LZ is right. Please read carefully.
2 _' _7 k4 a$ |CBC News:
& L* ]2 D, I/ Y7 [5 [+ vEdmonton 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.; Q \# |8 a" ~6 ^- s
5 @% u& T( V" @* x! l' aAnnual property taxes for a typical house valued at $397,000 will total $3,378, up $108 from the year before.
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4 v( x# f6 [: B7 `. XOf 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."
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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.5 f9 ]7 A% c: U
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The value of a typical single-family detached home dropped by 2.7 per cent, from $408,000 to $397,000.( p4 _! Y4 g! Y' Y1 Z( ~% m$ ^
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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.
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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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