Calgary Property Tax Hike Debunked | Calgary News

Calgary’s mayor is hitting back at rumors of a massive 42.5% property tax jump, calling it a “wish list” not yet approved — and comparing unrealistic budget requests to asking for a pony. While city departments and outside groups like the zoo are pitching big-ticket items, council hasn’t agreed to any increases yet. With over $130 million already committed to transit, safety, and infrastructure — plus more projects on the horizon — each 1% tax hike would cost roughly $28 million. Council members like Landon Johnston argue spending must be balanced with cuts, saying proposed numbers may shift before November’s final budget vote. The public budget will be released then, followed by council debates and community input — making this a complex, high-stakes decision still in its early stages. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7f96813ef1d4e44e