http://calsun.canoe.ca/News/Alberta/...8/5411716.html
Quote:
The average Calgary homeowner will see property taxes increased by $106 this year after council today agreed to a 5.4% levy.
While council stuck to its planned 4.5% hike, the rate was compounded by the province’s share of education taxes, which will see the city take $46.50 of the bill and the province $59.50.
Despite competing attempts from aldermen to increase the rate to cover unfunded emergency services requests or lower the rate by dipping into city reserves, council held firm on the increase adopted three years earlier.
With the increase, the tax bill for a $447,500 house, the median in Calgary, will be $2,060 when they arrive in mailboxes next month.
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Gas prices are going up, food prices are going up, housing prices are still going up, now, not surprisingly, property taxes are going up again. It's enough to make me want to put a For Sale sign up on my lawn. When does it end?
Also, why does the Province command such a large portion of city property taxes?