Proposed Calgary budget adjustments would see 3.6% property tax increase

The city is proposing a 3.6% property tax increase for 2025, down from an earlier projected 4.5%. This adjustment is attributed to increased investment income, which allowed the city to eliminate an additional 0.9% increase. Condo owners will see the largest increase, with typical owners of a $360,000 condo paying $1,370, a 10.5% rise. Additionally, user fees for waste, recycling, and water are set to increase. The city aims to align budget priorities with resident needs amid growing population pressures. Council budget debates begin on Nov. 18.