2018 Property Tax

[Fuzz]

Originally Posted by burn_this_city

City operating budget 2014 $3.2B, operating budget 2019 $4.1B. Spending is up ~5% a year and population has been flat between 2014 and 2019. Something doesn't jive here, oil and gas industry has seen costs fall 25% and the public sector can't even hold the line.

Just a clarification, population growth has not been flat:

https://www.calgaryeconomicdevelopme...lp/population/

We have added loads of new communities all over the city.

[Fuzz]

Originally Posted by CorsiHockeyLeague

This is nuts.

I'm confused, that's a business address but doesn't look like a business sized tax bill.

[OMG!WTF!]

Originally Posted by Fuzz

I'm confused, that's a business address but doesn't look like a business sized tax bill.

That's per month. About 60k a year.

[Northendzone]

i have read several stories where business taxes have gone up a lot. gotta feel for these guys as some a dealing with the fallout from the economy and then to be hit with a huge increase.

i found this article kind of interesting:

https://calgaryherald.com/news/local...-in-five-years

the article rally criticizes the city for a couple of job postings (coordinator of cycling paying $88k to $137k); however, when you look at the qualifications that include degree in civil engineering/urban planning that salary does not seem out of line - but what do i know

[Fuzz]

Originally Posted by OMG!WTF!

That's per month. About 60k a year.

And that's why I should finish my coffee before interneting.

[Calgary14]

Here is the explanation from the city on tax increases. Apparently if your property went up even a little you'd get hit with an increase higher than 3.45%

https://www.cbc.ca/news/canada/calga...ills-1.5154454

[burn_this_city]

That's a tax bill for a small independent Volvo repair shop.

[OMG!WTF!]

Originally Posted by burn_this_city

That's a tax bill for a small independent Volvo repair shop.

Good. Get the BMW guys next.

[Fuzz]

Originally Posted by stampsx2

Actually most of your property tax bill goes to education.

Education 36.7%
Police 14%
Public transit 8.2%
Fire 7.8%
Streets 4.5%
Parks and open spaces 2.5%
I.T. Solutions and support 2.3%
Library services 1.9% - we can get rid of this one. We have ebooks and the internet
Facility management 1.9%
Recreation opportunities 1.6%
Specialized transit 1.5%
Sidewalks and pathways 1.3%
Economic decelopment and tourism 1.3%
911 1.2%
Art 0.8% - we can get rid of this one as well. No need for an explanation.

The rest at https://www.calgary.ca/CA/city-manag...&calcInput=245

Does anyone know why property taxes are used to fund education? It's a provincial responsibility, wouldn't it make more sense to just fund it from general revenue? It's always seemed an odd one to me that those would be singled out, and not healthcare, or roads or whatever else.

EDIT:
The province has this to say, which isn't very helpful.

Why is education partially funded through a property tax? The education property tax provides Alberta's education system with a stable and sustainable source of revenue. Pooling the education property tax in the ASFF ensures that students receive a quality education regardless of their municipality's assessment wealth.

https://www.alberta.ca/Education-Pro...formation.aspx

[White Out 403]

20% increase. What. The. ####.

[Fuzz]

Didn't you just buy that place? Is the new assessed value about what you paid? I think they do the assessments based on their value in July. I was always curious how that worked, that when you buy it, I assume the city takes that to be the value, and may adjust it a little bit based on market changes forward from your purchase date.

[Locke]

Originally Posted by White Out 403

20% increase. What. The. ####.

Welcome to the Glories of home ownership.

[White Out 403]

Originally Posted by Locke

Welcome to the Glories of home ownership.

Been a home owner for 5 years never seen an increase like this.

Originally Posted by Fuzz

Didn't you just buy that place? Is the new assessed value about what you paid? I think they do the assessments based on their value in July. I was always curious how that worked, that when you buy it, I assume the city takes that to be the value, and may adjust it a little bit based on market changes forward from your purchase date.

Maybe? I bought this house for a lot less than what the previous owners did. So I can't makes heads or tails. I'll def be filing a complaint Monday.

[Fuzz]

Ok, but if the assessed value is about what you paid for it, I'm not sure you have much of an argument to win. You willingly paid the value the city is saying it is worth.

[White Out 403]

Originally Posted by Fuzz

Ok, but if the assessed value is about what you paid for it, I'm not sure you have much of an argument to win. You willingly paid the value the city is saying it is worth.

If its based on what people paid, then, my bill shouldn't go up. I was paying a monthly tax 60 dollars less on TIPP on the new property. I'm comparing my rates for same home for different tax years. The value of the home based on sale price has gone down.

[malcolmk14]

0.8% increase this year.

[Fuzz]

If you go online you should be able to see the previous assessed value. Maybe that is a lot lower than what you paid.

[CaptainCrunch]

Story on Inglewood businesses


https://calgaryherald.com/news/local...box=1559532363

The sign says the property tax on our building went from only $1,500 a month last week to $6,400 a month this week . . . I feel shocked and disappointed. I’m terrified for my small business friends in Inglewood and throughout the city,” said Doody.

Business owners opening their mail over the past week have been shocked as they saw how high their property taxes had gone up. Around 64 per cent of commercial property owners will see double-digit increases on their tax bills this year due to a redistribution of non-residential taxes as a result of plunging property values downtown.

[bob-loblaw]

My taxes went up by $500, but last year they went down by $500. In fact, for about the past five years my monthly amount has increased then decreased by about $40/month, and I still shake my head as to why.

[Fuzz]

Originally Posted by bob-loblaw

My taxes went up by $500, but last year they went down by $500. In fact, for about the past five years my monthly amount has increased then decreased by about $40/month, and I still shake my head as to why.

I suspect it is because you live in a yo-yo.