Quote:
Originally Posted by Aarongavey
I do understand but I am confident you would not even if I explained it.
Just go with it cost 5 bucks a person and feel good about that rudimentary math.
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Don’t give me this “I understand it but you won’t if I explain it”. That’s nonsense
I am absolutely genuinely asking you to explain it
He doesn’t explain it, so I’m curious how you will
I’ll get you started
He does reference 538 million and 5% (which is the IRR they said they use as NPV). Ok. Over 35 years, that translates to a year 1 value of ~27.58 million
2022 property tax revenue to the city was 2.005 billion. The city is budgeting for avg 5.1 percent per year in growth in this over the next 3 years
https://www.calgary.ca/content/dam/w...ns-budgets.pdf
Over to you