Calgary councillors will gather at city hall on Monday to discuss a new budget meant to help citizens in the wake of the city’s still-struggling economy.
Council will be debating reducing the previously approved 2017 tax rate increase from 4.7 per cent to 1.5 percent, with a 1.5 per cent rebate for 2017 – effectively freezing the tax rate.
WATCH BELOW: City council is looking at freezing the city’s portion of next year’s property tax bill. Doug Vaessen has details.
“Our goal is to come out with a zero per cent increase … that is the direction that council set back in June,” Ward 11 Coun. Brian Pincott said. “I certainly am determined to look at – and maintain – a zero per cent tax increase.
“The challenge we’re going to have going through it is seeing where are the cuts and are they appropriate. Are they the ones that we want to make,” he added. “There’s things like cutting transit service – or reducing transit service to save some money there – that may not be the right place to look at it.”
Councillors will also be debating a number of one-time initiatives to help increase access to affordable housing and funding support for social programs, in addition to helping support small businesses.
The budget discussions are expected to last at least two days.
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