Calgary Considers 15% Property Tax Increase

A preliminary city budget scenario proposed a ~15% municipal property tax increase next year for a typical Calgary home assessed at the median $706K.
With projected utility fee changes included, homeowners would pay ~$52 more monthly next year, rising to ~$56 more monthly in the following year.
City officials said added revenue was needed for inflation, population growth, and aging infrastructure, while emphasizing the released figures were preliminary, not final budget decisions.
Officials said keeping tax growth below ~4% would reduce service levels, while ~4% would defer future pressure on infrastructure, emergency response, and transit growth.
A ~20% increase was presented as the level tied to improved city services, and city administration plans to bring council a draft budget in Mid-Q4.