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Financial facts

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The City is committed to engaging with you, and working together to ensure our services align with citizen priorities in a fiscally responsible manner. We want you to know how property tax is collected and used to deliver essential City services and programs. More importantly, The City is working to ensure every dollar is stretched to the limit. Here are a few essential facts about how The City is managing its finances and our efforts to help kick-start Calgary’s Comeback.​​


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Financial myths and facts


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Facts

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<div class="ExternalClassD92011D858CE4AC18BDC3B79D0366A65">City fact: Property taxes are shared - 63% for City services and 37% for the Government of Alberta.</div>

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http://www.calgary.ca/CA/city-manager/PublishingImages/Financial-facts/new-house.jpg, https://spprd-authoring.calgary.ca:47443/CA/city-manager/PublishingImages/Financial-facts/new-house.jpg

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http://www.calgary.ca/CA/city-manager/Pages/Our-Finances/Financial-facts/How-property-tax-is-divided.aspx, https://spprd-authoring.calgary.ca:47443/CA/city-manager/Pages/Our-Finances/Financial-facts/How-property-tax-is-divided.aspx

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http://www.calgary.ca/CA/city-manager/PublishingImages/Financial-facts/new-house.jpg

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Myth: All my property taxes go to the City coffers

City fact: Property taxes are shared - 63% for City services and 37% for the Government of Alberta.
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Myth: City services cost too much

City fact: A typical household pays less than $5.50 per day for City services.
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Myth: My property taxes and utility rates are the highest in the country

City fact: The City of Calgary has some of the lowest property tax and utility rates of any major Canadian city.

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<div class="ExternalClassB46EF97488334A71899FE5B92F0C51F1">City fact: City council has provided a total of $216 million in tax relief programs in 2017, 2018 and 2019.</div>

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http://www.calgary.ca/CA/city-manager/PublishingImages/Financial-facts/shopping-1.jpg, https://spprd-authoring.calgary.ca:47443/CA/city-manager/PublishingImages/Financial-facts/shopping-1.jpg

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http://www.calgary.ca/CA/city-manager/Pages/Our-Finances/Financial-facts/Tackling-the-tax-shift-together.aspx, https://spprd-authoring.calgary.ca:47443/CA/city-manager/Pages/Our-Finances/Financial-facts/Tackling-the-tax-shift-together.aspx

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http://www.calgary.ca/CA/city-manager/PublishingImages/Financial-facts/shopping-1.jpg

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Myth: The City has provided no tax relief for businesses

City fact: City council has provided a total of $216 million in tax relief programs in 2017, 2018 and 2019.
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Myth: The City has ignored the business property tax issue

City fact: The proportion between residential and business property tax has been declining since 2001.​

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Myth: The City’s spending growth has been out of control

City fact: The City adjusted how it spent revenue from the municipal property tax revenue since 2014 to remain below inflation and population growth.

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