Official web site of The City of Calgary

Financial facts

Municipal property taxes are the primary way The City delivers services and programs that Calgarians need and value every day. We want you to know how these dollars are collected, calculated and used to provide City services. 

Delivering value through our City services and programs requires proper planning throughout the year. Learn more about the process, how tax dollars get invested wisely, and the steps we're taking to modernize and reduce the cost of local government. 

Our finances

3 important inputs required before your property tax bill is calculated

1. The City budget

2. The Provincial budget

3. Property assessments

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Quick facts

Essential facts that address misconceptions and myths about our finances, services and programs

Permanent reductions achieved since 2019. Approximately, $60 million in permanent reductions (July 2019), $26 million (November 2019), and $91 million in reductions from the previously approved 2021 budget (November 2020). Learn more about how another $52.2 million in operating savings is targeted for 2022

Residential property taxes for a single family home relative to other major Canadian cities and regional neighbours. How does Calgary compare to other municipalities?

Residential property tax is generally split, 65% goes towards funding City services, while the remaining 35% goes to The Province.

Learn more about City finances

City tax-supported services cost $6.24 a day for a typical Calgary household.

Read about the cost of services
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Your input, along with several key decisions and dates influence the property tax bill you receive each year.

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Curious about how a change in your property's value might impact your tax bill?

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July TIPP instalment changes ensure you pay no more or less than your annual tax bill.

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Learn about how we project our annual operating surplus.

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Service and program facts

Financial Task Force

As directed by Council, the Financial Task Force aims to provide a permanent resolution to the municipal tax shift problem. Learn more about the 35 recommendations approved by Council in June 2020, and the twelve external members, led by The City’s Chief Financial Officer, Carla Male.

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