City Council decides to raise property taxes

cityhall1

City Council held a debate on Monday to discuss who between businesses and home owners will see their property tax go down.

“We got to move back to a system where about half of our budget is paid by business.”

Council voted in favor to raise property taxes for residents by 3.45%, while businesses in Downtown Calgary will see a “major decrease” according to Mayor Nenshi.

“We got to move back to a system where about half of our budget is paid by business and half is paid by residences. Right now it’s 55-45.”

Since the last adjustment in property tax, businesses are now paying 53% of property tax revenues and residents, 47%. Mayor Nenshi thinks this approach is “more measured”, since he is thinking of “long term solutions”.

Calgarians are expected to pay their taxes before June 28, according to the City.

 

~ Vincent Lavoie

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Nenshi postpones strategic Council meeting for the second time

A Council strategic working together session has been has been cancelled by Mayor Naheed Nenshi, because several Councillors will be unavailable. This is the second time in a row this important session is being put off, casting serious doubts in the mind of some Councillors like Ward 11 Councillor Jeromy Farkas.


“I’ll always err on the side of saying you know we can always improve, I’m definitely in support of that,”

Speaking after news of the cancellation broke, a disappointed Farkas said, “I’ll always err on the side of saying you know we can always improve, I’m definitely in support of that,” Farkas is one of the few dissenting voices in Council.

On his part Ward 4 Councillor Sean Chu wasn’t bothered and feels the meeting is a waste of time, even though he had intended to attend.

Chimezie Uguru (Show #02)