Preliminary property tax numbers could see Calgary’s rate jump 15% next year
City officials say the increase would help cover inflation, population growth and aging infrastructure, while keeping service cuts and deferred repairs in check.
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Calgary proposed tax increases examined, 15% touted, mayor reacts
Emphasizing pressures from inflation, population growth and strained infrastructure, city of Calgary administration has brought forward a proposal that touts a 15% increase in property taxes in 2027 with more potential increases to follow in years to come. According to a City of Calgary report released Tuesday, a typical $706,000 home could see an additional […]
Calgarians could see 15% property tax hike next year, according to preliminary numbers
City council voted unanimously on Tuesday to release a confidential city document outlining a recommended approach for the next four-year budget cycle, which proposes a 15-per-cent municipal property tax increase next year for a typical residential property.
Preliminary property tax numbers could see Calgary’s rate jump 15% next year
Early property tax estimates for Calgary could result in homeowners seeing their property tax and utility costs jump by more than $600 per year in each of the next four years on the municipal side, according to a city report.
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