On Monday council unanimously agreed to a 1.5% property tax increase for 2017, which will be negated to a zero percent increase after a rebate from the city’s fiscal sustainability reserve fund, or the so-called ‘rainy-day fund’.
They also agreed to freeze transit fares, recreation fees, park fees and pet licensing fees for another year.
Get daily National news
Many Calgarians expressed outrage at their property tax increase this year.
At the end of May, Ward 10 councillor Andre Chabot defended the increase, “We have to pass it on to tax payers, so the provincial portion of your property tax bill is going up 10 per cent. The municipal portion is only going up by three-and- a-half per cent.”
- B.C. First Nations explore if nuclear power could meet province’s electricity needs
- Chinese EV issue part of U.S. trade talks, Mexico foreign secretary says
- Vancouver working to avoid ‘the great sigh’ following FIFA World Cup excitement
- Port of Vancouver expansion project referred to Canada’s Major Projects Office
READ MORE: Ouch! Property tax hike outrages many Calgary homeowners
At this point, taxes are expected to increase by 4.7% for 2018.
Comments
Want to discuss? Please read our Commenting Policy first.