BUSINESS AND ECONOMY

Business Improvement Areas funding

   

BIA tax rate calculation


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


​​BIA tax is levied on any business that occupies space within one of the 15 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 rates 2022


​BIA / Improvement District ​Businesses ​Budg​​et ($​) 2022 BIA ​​Tax Rate
BIA / Improvement District: Beltline Businesses: 358​ Budget ($): 375,000​ 2020 BIA Tax Rate: ​0.01692
BIA / Improvement District: ​​Mainstreet Bowness Businesses: 56 Budget ($): ​50,100 2020 BIA Tax Rate: ​​0.02114
BIA / Improvement District: Bridgeland Businesses: 135​ Budget ($): 100,000 2020 BIA Tax Rate: ​0.01444
BIA / Improvement District: Calgary Downtown Association​ Businesses: ​2,398 Budget ($): ​1,520,000 2020 BIA Tax Rate: ​0.00410
BIA / Improvement District: ​Chinatown Businesses: ​329 Budget ($): ​215,000 2020 BIA Tax Rate: ​0.01995
BIA / Improvement District: Crescent Heights Village Businesses: 109 Budget ($): 120,000​ 2020 BIA Tax Rate: ​0.02941
BIA / Improvement District: 4th Street S.W. Businesses: ​209 Budget ($): ​​185,200 2020 BIA Tax Rate: ​0.01496
BIA / Improvement District: Greenview Industrial Businesses: 299 Budget ($): ​50,000​ 2020 BIA Tax Rate: ​0.00505
BIA / Improvement District: ​Inglewood Businesses: ​210 Budget ($): ​265,000 2020 BIA Tax Rate: ​0.02310
BIA / Improvement District: ​International Avenue Businesses: ​416 Budget ($): 411,800 2020 BIA Tax Rate: ​0.02574
BIA / Improvement District: Kensington​ Businesses: ​246 Budget ($): ​220,000 2020 BIA Tax Rate: ​​0.01789
BIA / Improvement District: ​Marda Loop Businesses: ​163 Budget ($): ​220,000 2020 BIA Tax Rate: ​0.02257
BIA / Improvement District: ​​Montgomery on the Bow Businesses: ​110 Budget ($): ​80,000 2020 BIA Tax Rate: ​0.01840
BIA / Improvement District: 17th Avenue Retail & Entertainment District Businesses: 696 Budget ($): ​579,000 2020 BIA Tax Rate: ​0.02006
BIA / Improvement District: Victoria Park​ Businesses: ​296 Budget ($): ​364,369 2020 BIA Tax Rate: ​0.01359
BIA / Improvement District: First Street​ (between 12 Avenue and 14 Avenue S.W. in Victoria Park BIA​)​ Businesses: ​23 Budget ($): ​included in Victoria Park 2020 BIA Tax Rate: ​0.01403

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2021 Business Improvement Areas - Funding

BIA tax bylaws


BIA tax rates 2021


​BIA / Improvement District ​Businesses ​Budg​​et ($​) 2021 BIA ​​Tax Rate
BIA / Improvement District: ​Beltline Businesses: 366​ Budget ($): 375,000​ 2020 BIA Tax Rate: ​0.01777
BIA / Improvement District: ​​Mainstreet Bowness Businesses: 50 Budget ($): ​50,100 2020 BIA Tax Rate: ​​0.02142
BIA / Improvement District: ​Bridgeland Businesses: 130​ Budget ($): 65,580 2020 BIA Tax Rate: ​0.00822
BIA / Improvement District: Calgary Downtown Association​ Businesses: ​2,432 Budget ($): ​1,428,000 2020 BIA Tax Rate: ​0.00331
BIA / Improvement District: ​Chinatown Businesses: ​330 Budget ($): ​195,000 2020 BIA Tax Rate: ​0.01441
BIA / Improvement District: ​Crescent Heights Village Businesses: 110​ Budget ($): 120,000​ 2020 BIA Tax Rate: ​0.02664
BIA / Improvement District: 4th Street S.W. Businesses: ​209 Budget ($): ​​185,200 2020 BIA Tax Rate: ​0.01742
BIA / Improvement District: Greenview Industrial Businesses: 291 Budget ($): ​50,000​ 2020 BIA Tax Rate: ​0.00487
BIA / Improvement District: ​Inglewood Businesses: ​210 Budget ($): ​265,000 2020 BIA Tax Rate: ​0.02152
BIA / Improvement District: ​International Avenue Businesses: ​412 Budget ($): ​273,500 2020 BIA Tax Rate: ​0.01343
BIA / Improvement District: Kensington​ Businesses: ​242 Budget ($): ​220,000 2020 BIA Tax Rate: ​​0.01895
BIA / Improvement District: ​Marda Loop Businesses: ​149 Budget ($): ​220,000 2020 BIA Tax Rate: ​0.02348
BIA / Improvement District: ​​Montgomery on the Bow Businesses: ​111 Budget ($): ​50,000 2020 BIA Tax Rate: ​0.00965
BIA / Improvement District: 17th Avenue Retail & Entertainment District Businesses: 692 Budget ($): ​410,800 2020 BIA Tax Rate: ​0.01583
BIA / Improvement District: Victoria Park​ Businesses: ​290 Budget ($): ​334,369 2020 BIA Tax Rate: ​0.01396
BIA / Improvement District: First Street​ (between 12 Avenue and 14 Avenue S.W. in Victoria Park BIA​)​ Businesses: ​20 Budget ($): ​included in Victoria Park 2020 BIA Tax Rate: ​0.01442

​​​​​​​​​​​​

2020 Business Improvement Areas - Funding

BIA tax bylaws


 

BIA tax rates 2020


​​
​BIA / Improvement District ​Businesses ​Budg​​et ($​) 2020 BIA ​​Tax Rate
BIA / Improvement District: ​Beltline Businesses: 391​ Budget ($): 400,000​ 2020 BIA Tax Rate: ​0.01261
BIA / Improvement District: ​​Mainstreet Bowness Businesses: 56 Budget ($): ​50,100 2020 BIA Tax Rate: ​​0.02074
BIA / Improvement District: ​Bridgeland Businesses: 135​ Budget ($): 100,000​ 2020 BIA Tax Rate: ​0.01341
BIA / Improvement District: Calgary Downtown Association​ Businesses: ​2,442 Budget ($): ​1,586,825 2020 BIA Tax Rate: ​0.00389
BIA / Improvement District: ​Chinatown Businesses: ​327 Budget ($): ​215,000 2020 BIA Tax Rate: ​0.01308
BIA / Improvement District: ​Crescent Heights Village Businesses: 111​ Budget ($): 120,000​ 2020 BIA Tax Rate: ​0.02714
BIA / Improvement District: 4th Street S.W. Businesses: ​214 Budget ($): ​​205,800 2020 BIA Tax Rate: ​0.02408
BIA / Improvement District: Greenview Industrial Businesses: 288 Budget ($): ​50,000​ 2020 BIA Tax Rate: ​0.00519
BIA / Improvement District: ​Inglewood Businesses: ​209 Budget ($): ​285,000 2020 BIA Tax Rate: ​0.02432
BIA / Improvement District: ​International Avenue Businesses: ​404 Budget ($): ​288,500 2020 BIA Tax Rate: ​0.01623
BIA / Improvement District: Kensington​ Businesses: ​245 Budget ($): ​220,000 2020 BIA Tax Rate: ​​0.02028
BIA / Improvement District: ​Marda Loop Businesses: ​146 Budget ($): ​220,000 2020 BIA Tax Rate: ​0.02658
BIA / Improvement District: ​​Montgomery on the Bow Businesses: ​113 Budget ($): ​70,000 2020 BIA Tax Rate: ​0.01407
BIA / Improvement District: 17th Avenue Retail & Entertainment District Businesses: 695 Budget ($): ​559,000 2020 BIA Tax Rate: ​0.02004
BIA / Improvement District: Victoria Park​ Businesses: ​298 Budget ($): ​369,369 2020 BIA Tax Rate: ​0.01502
BIA / Improvement District: First Street​ (between 12 Avenue and 14 Avenue S.W. in Victoria Park BIA​)​ Businesses: ​21 Budget ($): ​included in Victoria Park 2020 BIA Tax Rate: ​0.01547

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We do regular research with businesses to better understand the outlook and viewpoint of the business community. If you are a business owner, leader or manager, join our online business research panel, Business Perspectives.

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