Six Calgary city councillors are calling for $23 million in cuts to the recently approved budget to claw back a 7.8 per cent property tax increase this year.
Calgary's 2024 budget will result in a 7.8 per cent property tax increase for residents to cover a lengthy list of new spending for housing, transit and public safety.
There are more than $20 million in public safety spending proposals in Calgary's budget adjustments this year, contributing to the proposed 7.8 per cent property tax increase.
Calgary's proposed budget adjustments include a list of 28 investment options as well as a shift to the property tax burden which could increase residential bills by 7.8 per cent.