Edmonton households to pay 3.3% more in property taxes

The numbers are in and Edmontonians can look forward to a tax hike of just 3.33% in the new year — a full 2% less than last year’s increase.

City council voted 11 to two for a 2013 operating budget of just over $1.9 billion that will see city taxpayers shelling out an extra $60 a year.

The initial proposed tax hike rang in at 5.5% including a 1.5% investment in the Neighbourhood Renewal Program — that number would have meant a $98 annual increase in the average homeowners property taxes.

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