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Old 11-13-2018, 01:43 PM   #732
GreenLantern2814
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Quote:
Originally Posted by Krovikan View Post
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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I'd also like to add, $1844/resident means it'll cost $184/person per year if they want to pay it off in 10 years. Or $92/per person per year over 20.

How does a homeowner even notice the $7-$15/month increase?
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