11-29-2019, 07:54 PM
|
#281
|
#1 Goaltender
Join Date: Nov 2005
Location: the middle
|
Quote:
Originally Posted by Slava
So is that the actual increase for people at 7.5%? I only ask because for the past couple weeks I kept hearing that zero doesn't actually mean zero, so now I assume that 7.5% might equate to a different number as well?
|
7.5% increase to the rate. Valuations will determine the real number (so you could have a zero percent increase in the rate, but if your valuation goes up you'll pay more).
I mean, that's if I followed the vote right.
|
|
|
The Following User Says Thank You to Roughneck For This Useful Post:
|
|
11-29-2019, 08:07 PM
|
#282
|
Franchise Player
|
The city should be forced to buy your home if you like for their valuation -10% or something. Keep them honest.
My valuation is more than I paid when the market was decent
__________________
GFG
|
|
|
11-29-2019, 09:02 PM
|
#283
|
Franchise Player
Join Date: Aug 2008
Location: California
|
Quote:
Originally Posted by Slava
So is that the actual increase for people at 7.5%? I only ask because for the past couple weeks I kept hearing that zero doesn't actually mean zero, so now I assume that 7.5% might equate to a different number as well?
|
It’s also 7.5% on around half your taxes plus whatever the provincial government increases.
|
|
|
11-29-2019, 11:35 PM
|
#284
|
Franchise Player
|
Quote:
Originally Posted by dino7c
The city should be forced to buy your home if you like for their valuation -10% or something. Keep them honest.
My valuation is more than I paid when the market was decent
|
If it's wrong by a lot you should fight it. It isn't hard, and then they use that as the baseline going forward, so it saves you money each year.
|
|
|
The Following User Says Thank You to bizaro86 For This Useful Post:
|
|
11-30-2019, 06:43 AM
|
#285
|
Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
|
Quote:
Originally Posted by GGG
It’s also 7.5% on around half your taxes plus whatever the provincial government increases.
|
This tax system is just non-sensical. I thought that this was determined and then the province decides what to keep from the overall total? I didn't think that it was added to the final tally as well?
|
|
|
11-30-2019, 09:09 AM
|
#286
|
Franchise Player
Join Date: Aug 2008
Location: California
|
Here’s a good link
https://www.calgary.ca/cfod/finance/...lculation.aspx
It’s two completely separate taxes collected together. The city sets their rate, the province sets their rate.
So this years taxes relative to last years taxes would be
2020 tax = City portion * 1.075 * change in assessment + Provincial portion * change in assessment * tax increase from the province
From what I can tell the province is collecting 15 million more from property tax in Calgary. Not sure what that is in %. The province portion is about 35% of the total and the city 65% of the total. So if you had to guess your total tax bill with neutral assessment Is probably going up 5-6%
|
|
|
11-30-2019, 11:58 AM
|
#287
|
Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
|
Quote:
Originally Posted by GGG
Here’s a good link
https://www.calgary.ca/cfod/finance/...lculation.aspx
It’s two completely separate taxes collected together. The city sets their rate, the province sets their rate.
So this years taxes relative to last years taxes would be
2020 tax = City portion * 1.075 * change in assessment + Provincial portion * change in assessment * tax increase from the province
From what I can tell the province is collecting 15 million more from property tax in Calgary. Not sure what that is in %. The province portion is about 35% of the total and the city 65% of the total. So if you had to guess your total tax bill with neutral assessment Is probably going up 5-6%
|
I knew how that worked, but I guess for me the confusion is about the provincial portion. Wasn't the city dealing with an issue in the last year because the province decides to take more of a percentage of the property tax? I thought that there was a budget shortfall thrust upon the city because of that?
|
|
|
11-30-2019, 04:22 PM
|
#288
|
Powerplay Quarterback
Join Date: Aug 2007
Location: 403
|
37% of property taxes goes to the province. The province increased the amount for 2020 by $15.5m over the year before. So the pie needs to get bigger for the province to get it's piece and the City's piece to stay the same size.
Other budget shortfalls thrust onto the city by the province included taking a larger piece of police fines (26.7% up to 40% about $10m per year), charging municipalities for forensic DNA analysis ($2m per year), and not helping cover the cost of Cannabis-related policing even though Cannabis tax is bringing in $30m per year and growing to $84m by 2022-23 ($1m per year). These directly effect CPS to $13m this year.
The province also decided to reduce the grants it payed in place property tax on its buildings in Calgary. I haven't seen a lot of numbers on this, but it equates to about $5m per year. There are also changes to the Municipal Sustainability Initiative and City Charter that will have big effects in 2022 and beyond.
https://www.calgary.ca/financialfacts has the breakdowns of property taxes, cost of services, and a bunch of other info.
|
|
|
The Following User Says Thank You to mac_82 For This Useful Post:
|
|
11-30-2019, 04:39 PM
|
#289
|
Powerplay Quarterback
Join Date: Aug 2007
Location: 403
|
As I understand it, here is where the 2020 residential property tax hikes are coming from.
City 2020 budget adjustment - 0.7% increase (reflects the $13m in cuts from the province to CPS)
City 2020 tax shift (from 49 res // 51 biz to 52 res // 48 biz) - 6.8% increase
Total increase - 7.5% on the typical home (about $10 per month)
Also an interesting chart from the Altus Group showing property tax on median home as % of median income.
|
|
|
02-08-2020, 11:13 AM
|
#290
|
First Line Centre
Join Date: Feb 2005
Location: Calgary
|
This has been in the headlines for awhile now, but I didn't see anyone post about it.
A quick rundown, Magliocca and a bunch of other city Councillors went to a conference to Quebec, running up a tab of ~$30,000. several of the councillors ran up tabs of between 2 and 3 thousand dollar, while Magliocca ran up a tab of $6,400.00 on things like steak dinners and booze, claiming to be hosting other officials.
That isn't the end of it. as it turns out, many of the people he claimed to be hosting have come out and stated they were'n't there and have never met Magliocca.
He's blaming it on a clerical error and has paid back part of it, but it's looking less and less like it was a simple clerical error.
https://calgaryherald.com/news/local...-dine-with-him
__________________
The Delhi police have announced the formation of a crack team dedicated to nabbing the elusive 'Monkey Man' and offered a reward for his -- or its -- capture.
|
|
|
The Following 4 Users Say Thank You to monkeyman For This Useful Post:
|
|
02-08-2020, 11:20 AM
|
#291
|
#1 Goaltender
Join Date: Oct 2009
Location: North of the River, South of the Bluff
|
Well color me surprised Joe Magliocca is unethical.
|
|
|
The Following 2 Users Say Thank You to OldDutch For This Useful Post:
|
|
02-08-2020, 11:43 AM
|
#292
|
Franchise Player
Join Date: Feb 2011
Location: Somewhere down the crazy river.
|
Has this been going on for a while?
|
|
|
02-08-2020, 02:23 PM
|
#293
|
Scoring Winger
|
I always get the feeling that Magliocca would be a better fit on the Sopranos or in the White House than City Council. There’s no way that was an honest mistake.
|
|
|
02-08-2020, 02:38 PM
|
#294
|
First Line Centre
Join Date: Jul 2013
Location: Calgary
|
Quote:
Magliocca, who’s in his mid-50s, said in an interview Friday that he can’t recall whom he actually had the meals with because “I’m old.”
|
lol hes old and losing his memory apparently. time to step down then?
|
|
|
02-09-2020, 08:39 PM
|
#295
|
First Line Centre
|
Not a case of falsely claiming meal/meeting attendees, but Magliocca's been in the news before about comparatively high expense claims. From 2014:
Quote:
Dining on taxpayers’ dime offers councillors food for thought
Jason Markusoff, Calgary Herald 08.10.2014
Since joining council last fall, Joe Magliocca has often said he wants to find savings and “trim the fat” at City Hall.
He has also billed taxpayers $350 for espresso-making equipment and expensed several meals at upscale restaurants, including one lunch that was more expensive than his new office Nespresso machine.
At Kensington’s Osteria de Medici, Magliocca laid down his corporate MasterCard in January for a $398 chef’s special off-the-menu lunch shared by five people, including himself. The table was never shown prices for the antipasti, angel hair pasta, veal parmigiana and more.
It’s by far the priciest meal that any of Calgary’s 14 city councillors expensed in the first half of 2014, according to expense disclosures.
[…]
At the Magliocca meal that cost almost $400 last January, Airdrie Mayor Peter Brown was one of the guests.
“I can tell you the food was awesome. But I can tell you we don’t talk about the price,” recalled Brown, who sat at the table with Magliocca, an executive from suburban builder Shane Homes, another guest whose name the city councillor said he can’t recall and, for part of the afternoon, the restaurant owner’s son.
[…]
Asked in an interview about the meal and his views on taxes and spending, the northwest councillor said it was his first time, and he didn’t expect media attention for it.
“You can chalk it up to a rookie mistake, probably,” he said. “Next time, I’m going to pay it out of my own pocket, even if I’m doing business, and that’s sad, isn’t it?”
[…]
Magliocca has long had an affinity for Osteria de Medici, which bills itself as a “premier fine dining establishment” that has fed celebrities such as Luciano Pavarotti, Tom Selleck, Kevin Costner and ex-U.S. president George W. Bush. The councillor hosted two campaign fundraisers there last year — one a jazz night and another he promoted on Twitter as offering scotch, cigars and an “exquisite three-course Italian dinner” for $125 a head.
Regarding Magliocca’s espresso maker, there is a single-serve coffee and espresso maker in the councillors’ common area, so Magliocca’s $350 expense shouldn’t have been approved, said Jones, the longest-serving ward representative.
[…]
Magliocca, a sales executive in the charter airline business, said several councillors’ aides use his machine, and he serves guests with it. He’s not fond of the public machine, which he believed only makes regular coffee. “I don’t drink that stuff.”
|
http://www.calgaryherald.com/news/po...777/story.html
Last edited by frinkprof; 02-09-2020 at 08:41 PM.
|
|
|
The Following 5 Users Say Thank You to frinkprof For This Useful Post:
|
|
02-09-2020, 11:38 PM
|
#296
|
Norm!
|
Magliocca should be tossed out of City Hall or charged with Fraud, what he was doing is pretty transparent.
Its a bad look
__________________
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
|
|
|
The Following 2 Users Say Thank You to CaptainCrunch For This Useful Post:
|
|
02-09-2020, 11:44 PM
|
#297
|
Lifetime Suspension
|
Always the "fiscal hawks" isn't it?
|
|
|
The Following 5 Users Say Thank You to Rando For This Useful Post:
|
|
02-10-2020, 06:29 AM
|
#298
|
Posted the 6 millionth post!
|
That phrase needs to be put to rest. Too much blind faith in politicians who pretend to be such a hero of the public purse.
|
|
|
02-10-2020, 08:18 AM
|
#299
|
Powerplay Quarterback
|
What a slimebag. I like how in his apology he capped it off with "and that's the last time I will speak about it" as if he decides when his scandal is over. This whole council seems to be a giant hodgepodge of the worst personality types ever.
|
|
|
The Following User Says Thank You to Misterpants For This Useful Post:
|
|
02-11-2020, 09:26 PM
|
#300
|
First Line Centre
Join Date: Feb 2005
Location: Calgary
|
Integrity commissioner recuses himself from Magliocca investigation. turns out Magliocca expensed a $163 lunch with the commissioner.
https://calgaryherald.com/news/local...ca-moves-ahead
__________________
The Delhi police have announced the formation of a crack team dedicated to nabbing the elusive 'Monkey Man' and offered a reward for his -- or its -- capture.
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -6. The time now is 01:09 AM.
|
|