Calgary councillors narrowly opt for status-quo tax share for another year
Global News
Right now, residential properties in Calgary pay 52 per cent of property taxes, with business and commercial properties paying the other 48 per cent.
Calgary city councillors have narrowly voted to avoid changing the city’s tax distribution between residential and non-residential properties, which would have meant another increase on some homeowners’ property tax bills.
Right now, residential properties in Calgary pay 52 per cent of property taxes, with business and commercial properties paying the other 48 per cent.
Sticking with the status-quo share was one of three options presented to city council at Tuesday’s meeting.
The second option was to shift the tax share to 53 per cent residential and 47 per cent non-residential, which would add an extra $46 this year to the property tax bill of a median house worth $555,000.
The third option presented would be to move the tax share to 54 per cent residential and 46 per cent non-residential, and that would cost the same type of home another $93 on their property tax bill this year.
Some city councillors, like Ward 1 Coun. Sonya Sharp, felt it wasn’t the right time to add more to residential tax bills.
“You all see the same thing at the grocery store, on your bills, on your rent or mortgages, or childcare,” Sharp told council. “The cost of everything is going up and that includes property taxes, which we have already increased in November.
City council voted 8-7 to maintain the status quo for this year, with Councillors Gian-Carlo Carra, Evan Spencer, Jasmine Mian, Courtney Walcott, Kourtney Penner, Peter Demong and Mayor Jyoti Gondek voting against.
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