Quote:
Originally Posted by GGG
The cost provincialy is almost as much as the city contribution. 1/3 of 700 million is 233 million and that assumes that we continue to get our share of infrastructure money and don’t hear we already funded the Olympics. It’s between 50% and double the city contribution so you need to add 1000-4000 dollars to your assessment. That is not a Negligible amount. It might not change how you make your decision as when amortized over 10-25 years the number doesn’t look bad but as you said it’s important to look at the correct info when making decisions.
Agree with you that the misinformation from the official camps has been disappointing.
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How I came up with my number:
I took 800m estimated cost then multiplied by .43 (household priority tax share) then I divided by 419725 residents (based off of 2016 census numbers). I get $819/resident.
Then I assumed a 1 billion overrun, so 1.8b, and assumed that Calgary holds the bag on this amount and I get $1,844/resident.
Infrastructure like green line, road upgrades, etc. are hard to put towards the Olympics in my opinion since they need to be done anyways. I suspect this is what the No side is adding to their numbers to fudge them.
I may also be missing something in my numbers, but thought I'd share how I arrived at my conclusion.
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