2018 Property Tax

[llwhiteoutll]

Down $48, $2508 total in Copperfield

[Canehdianman]

Originally Posted by GoinAllTheWay

Fricken nightmare, isn't it? On top, they have sections of southland dug up on the east and west side of 14th. It's a real treat getting home these days.

... and Anderson
... and Glenmore
...and 90th Ave

They just don't want anyone to go anywhere in the SW I think.

[VladtheImpaler]

Originally Posted by Canehdianman

... and Anderson
... and Glenmore
...and 90th Ave

They just don't want anyone to go anywhere in the SW I think.

And 2 lanes closed on Heritage by the church (Elbow) today.

[Lubicon]

Not a lot of fun when your only two options for getting home are Glenmore/Sarcee or Crowchild. Both are a gong show at the best of times, construction is a real treat.

[Fire in the disco]

$340 a month (Mckenzie Lake) up 30 a month from last year. Weak sauce, what great services are we getting from property tax that we don’t already get from all the other taxes we are voluntold to pay?

[Locke]

Originally Posted by Fire in the disco

$340 a month (Mckenzie Lake) up 30 a month from last year. Weak sauce, what great services are we getting from property tax that we don’t already get from all the other taxes we are voluntold to pay?

If you dont pay Nenshi shows up to your house and beats you to death with a foam bat.

It takes a really long time and he never stops talking. Personally, I'd just pay the money.

[GoinAllTheWay]

Originally Posted by VladtheImpaler

And 2 lanes closed on Heritage by the church (Elbow) today.

C'mon, really? Was it temporary or did they dig up part of that road too?

This is getting....no wait, this is past ridiculous.

[Slava]

Originally Posted by VladtheImpaler

Up 1500. Same assessed value, millrate up 65%. As if I didn't already want Nenshi and Pincott strung up by their own entrails because of the 90th/14th construction...

This must be to welcome me to the neighbourhood?

[GGG]

Originally Posted by Fire in the disco

$340 a month (Mckenzie Lake) up 30 a month from last year. Weak sauce, what great services are we getting from property tax that we don’t already get from all the other taxes we are voluntold to pay?

The tax increases are mainly do to inflation this year pus capital spending. So for you the green line.

Op costs within the city have followed pop growth plus inflation.

Your share of taxes also goes up as the city expands outwards and your place becomes more valuable relative to the average house.

As for services Police, Fire, Roads, Schools, Rex Centers, Parks, Bike paths Libraires, Transit etc. A better question might be outside of Health and Education what do we get from the other levels of government.

You notice if city services are cut, you wouldn't if the Province or the Feds services were.

[llwhiteoutll]

Originally Posted by Fire in the disco

$340 a month (Mckenzie Lake) up 30 a month from last year. Weak sauce, what great services are we getting from property tax that we don’t already get from all the other taxes we are voluntold to pay?

They have to pay for that fancy traffic circle by your house somehow.

[VladtheImpaler]

Originally Posted by Slava

This must be to welcome me to the neighbourhood?

Surprise!

[tvp2003]

Originally Posted by kevman

Isn't the increase in commercial taxes due to the increase in vacancy around the city, especially downtown?

The vacancy you describe is exactly why it's going up. Less taxpayers to cover the tax demand means those that are left are asked to cover a larger piece of the pie.

At least that's how I thought commercial taxes worked.

This is correct. The value (and corresponding tax burden) associated with downtown office buildings has gone down significantly since the boom. Other non-residential properties are left to pick up the slack.


Also, this is the last year for business tax consolidation (i.e. instead of paying a separate amount for business tax, it gets combined into your property tax). Starting next year you'll pay zero business taxes but will make the up the difference with slightly higher property taxes.

[Robotic]

Just moved into my new place in Auburn Bay I paid $174 for 1 month, and now I get a notice saying that effective July 1st its moving up to $286!!! Thats a 60% increase, WTF!

[Calgary14]

Originally Posted by Robotic

Just moved into my new place in Auburn Bay I paid $174 for 1 month, and now I get a notice saying that effective July 1st its moving up to $286!!! Thats a 60% increase, WTF!

If it's a new build the city likely assessed it at the land value only (when it was still being built) then bumped it up to land + building when finished. If it's not a new build - I have no clue

[Robotic]

Originally Posted by Calgary14

If it's a new build the city likely assessed it at the land value only (when it was still being built) then bumped it up to land + building when finished. If it's not a new build - I have no clue

Previously owned, 2009.

[llwhiteoutll]

Might be a partial payment only, depending on when in the month you moved into the house

[Fuzz]

Was the first month more like 2/3rds of a month?

[Bill Bumface]

Up $1000 in Bridgeland.

You're welcome, everyone in this thread that had a drop. Looks like your taxes got transferred to me

[LanceUppercut]

Up $40 for the year in New Brighton.

[J pold]

Bump.

Not sure were to post this but thought it was relevant to CP. The city is sitting with a massive tax short fall from all the vacant buildings downtown. The assessed values of these properties have dropped by the billions of dollars in the last handful of years and now the city is trying to shift the tax burden to suburban commercial owners who are generally small private groups. For some these PT bills are forcing them to close their door. Street front retail is by far the hardest hit with a number filing for bankruptcy or just walking away from their lease agreements. Anecdotally I've had a client who owns a small office building in the NW property tax bill jump from $33,000 to $70,000 over a two year period.

Why this matters to you is that there will be an inevitable shift from commercial property to residential property to make up the tax short fall. Calgary already has the biggest commercial vs residential tax gap of any city in the province at 1:4.14 and it isn't sustainable. I suspect that residential taxes will significantly increase in Calgary in the coming years as business push back on their assessments and demand a normalised commercial vs residential tax gap of 1:2.

Interesting reading here: https://calgarysbusiness.ca/albertas...siness-owners/

“Out of the top 20, Calgary continues to have the biggest gap of any city in the province, now estimated to be 4.14. That means owners of commercial property pay more than four times more property tax than residential property owners, based on the same assessed value of property. Edmonton’s gap is second worst at 2.82,” said the report.

“Too many city governments continue to depend on squeezing more and more property taxes from local businesses to pay for their ever-expanding operating budgets. This a risky and unfair strategy, as exposed by the recent situation in Calgary. In the midst of a struggling economy, assessed values for downtown commercial office space have plummeted, leaving small and medium-sized businesses outside the core expected to somehow pick up the tab. Talk about a tough pill to swallow,” said Richard Truscott, CFIB vice-president for Alberta and B.C., in a statement.