The same day that Calgary city council finalized a 3.61 per cent overall municipal tax rate increase, it also laid the groundwork for the upcoming four-year budget. Council discussed both items on day two of
The cracks are starting to show on Calgary’s policy for derelict buildings. According to Coun. Peter Demong, the derelict identification situation needs to be rectified. Councillor Demong has put forward a notice of motion for
Calgary councillors approved a preliminary property tax cap at zero per cent for non-residential properties, funded by the city’s reserve cash. The item came up at Tuesday’s Priorities and Finance committee, after councillors received an
Topline information: Most Calgary neighbourhoods saw decline in property values in 2020, as the city mailed out half-a-million property value assessments Thursday. Details you need to know: The typical residential property value declined two per
Calgary businesses will once again get city-prescribed relief – at a cost – but the reduced budget sailed through city council Thursday. The vote wrapped up four days of budget debate. It saw the passage
Calgarians struggling to make property tax payments due to COVID-19 and a weak economy will get a second break from the city. In April, as part of a COVID-19 relief package, Calgary allowed the deferral
Calgary may see a shift in the outlets from which it collects revenue. Recommendations from the Financial Task Force suggest deviating from the reliance on property tax and instead maximizing revenue from other sources. This
Now that City of Calgary property assessments are mailed, the customer (You) review period is now open. From Jan. 2 to March 10, Calgary homeowners can review property details and, if desired, make a submission
Though the assessment for a typical single-family Calgary home dropped in 2019, most Calgarians will still see a tax increase on their 2020 tax bill. More than 540,000 assessment notices have been sent out to
Calgary city councillors were provided two new budget scenarios Tuesday, each with a different property tax rate increase and a set of cuts to go with them. These property tax increases, and corresponding cuts, are