Quote:
Originally Posted by chemgear
https://globalnews.ca/news/4566104/c...ost-taxpayers/
So it’s safe to say the $2,000 number could easily be much higher, according to the CTF.
“If cost overruns are the same as Calgary’s were in 1988, the household will be paying $6,000.
“If cost overruns are the same as the average for the Winter Olympics, then households will be paying $11,000 each,” Terrazzano said.
|
Hmm. Most of the structures have been built already so I'm not sure there will be cost overruns similar to past Olympics. They built a new arena, bobsled track, ski jumps, oval, etc in 1988.
If the property tax increase is spread over 10 years, I'm not sure the hit is that egregious.