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BIA tax: rate and bill calculation

BIA tax rate calculation


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Each Business Improvement Area (BIA)’s Board of Directors establishes a proposed annual budget which is submitted to City Council for approval. Once approved, a BIA tax rate sufficient to meet the budget requirement is established. The BIA tax rate equals the BIA’s annual approved budget amount divided by the total business assessment within the BIA.

Formula

BIA tax rate = BIA’s annual approved budget amount ÷ Total business assessment within the BIA

BIA tax bill calculation


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BIA tax is levied on any business that occupies space within one of the 12 BIAs within Calgary during the calendar year. Your BIA tax bill equals the assessed value of your business premises multiplied by the BIA tax rate.

Formula

BIA tax bill = Assessed value of your business premises × BIA tax rate

The BIA tax rate reflects the amount of tax to be paid for each $1 of assessed value. BIA tax is based on the calendar year January 1 to December 31.

BIA tax bylaws


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BIA taxation: 2018 Business Improvement Area Tax Bylaw 5M2018

BIA tax rate: 2018 Business Improvement Area Tax Rates Bylaw 6M2018

BIA tax rates 2018


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​BIA / Improvement Distict ​Businesses ​Budg​​et ($​) 2018 BIA ​​Tax Rate
​Mainstreet Bowness ​60 ​45,100 ​​0.0180
Calgary Downtown Association​ ​2,574 ​1,586,825 ​0.00198
​Chinatown District ​333​ ​160,000 ​0.00606
4th Street S.W. ​ ​238 ​​205,800 ​0.0121
​HIPville  ​299 ​124,000​ ​0.0118​
​Inglewood ​218 ​265,000 ​0.0177
​International Avenue ​417 ​267,000 ​0.0145
Kensington​ ​251 ​220,000 ​​0.0173
​Marda Loop ​146 ​189,000 ​0.0207
​Montgomery on the Bow ​113 ​70,000 ​0.0141
​17th Avenue Retail & Entertainment District ​348 ​410,800 ​0.0175
Victoria Park​ ​352 ​389,436 ​0.0081
First Street​ (between 12 Avenue and 14 Avenue S.W. in Victoria Park BIA​)​ ​14​ ​included in Victoria Park ​0.0087
 
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