Quote:
Originally Posted by The Boy Wonder
As a home owner in Calgary the Olympics terrify me. Property taxes will be insane for the next 20 yearsif this goes ahead...
However as a fan of sports in this city and if this somehow fixes the crowchild and Kensington debacle we currently have then I’m excited...
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Quote:
Originally Posted by Bunk
The sources of funding, I doubt, will have much to do with property taxes.
Most of it will come from capital programs (which aren't from property taxes by and large), Olympic revenue, provincial funding and federal funding.
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Yeah, the math I saw/looked at said that basically each resident would end up paying about $100-$150 more per year for the next 10 years. And in return, we get a new arena, a completed Green Line, facelift to already world-class sports venues, and a 2-week party on top of that!
For that price, I am very comfortable saying yes in a plebiscite.