2023-2026 Service Plans and Budgets
Last week, Council was presented with the recommended 2023-2026 Service Plans and Budgets. The recommended budget aims to balance multiple critical objectives: continuing to deliver the services Calgarians rely on, maintaining affordability by keeping City expenditures as low as possible, and investing in Calgary.
Directed to align with Council’s guidance to keep expenditures in line with inflation plus population growth to help maintain affordability for Calgarians, Administration has recommended average annual budget increases of 3.7% over the next four years. However, based on the significant increase of assessed values of single-family homes (which saw a higher increase in value than condominiums), a typical homeowner could see an increase of 5.2% while a typical condo owner may see a drop of 1%. This calculation is still subject to Council’s approval.
With household expenditures expected to increase by 7.2% in Calgary this year, my focus is ensuring the appropriate balance to maintain affordability for residents by keeping City expenditures balanced with inflation. From November 20-25, Council will hear from Administration and the public on the recommended Service Plans and Budgets and begin to consider and debate any changes or amendments, before approving the final budget. I want to hear from residents on what your priorities are for Ward 2.
Residents can share their input with Council by providing written feedback or registering to speak with Council on November 22. Please visit the public submission form at calgary.ca/PublicSubmission. The public can access on-site translation services on November 22 in the following languages: Cantonese, Mandarin, Punjabi, Tagalog, Arabic, Urdu, Blackfoot, Stoney-Nakoda, Spanish and French.
Please visit calgary.ca/YourServices to review the recommended service plans and budgets.
Below are other helpful links with additional information and resources regarding the recommended four-year budget:
I encourage you to please review the above links and contact me with your feedback. I look forward to hearing from you and continuing the conversation on November 22.
Assessment & Taxation
How your property assessment helps determine your property tax bill
Categories: 2023-2026 One Calgary Service Plans and Budgets, Budget, Engage, One Calgary, Property Tax