Quote:
Originally Posted by Krovikan
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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You divide the total amount by the residential property tax payers, but that ignores all the business tax that would also go to it, so individual household tax would be less that what you calculate.