2018 Budget Adjustments

2018 Budget Adjustments

By Diane Colley-Urquhart on Dec 2017

With Budget Deliberations in our rear-view, we have provided key information regarding how your taxes will be allocated. It was not easy. Some difficult decisions had to be made as we faced a significant budget gap in 2018 of $170 million. The gap was the result of one-time measures to balance the 2017 budget, reduced revenues in a number of areas and a need to bring our budget in line with a more modest growth forecast for Calgary while still maintaining the opportunity for investment. Here is a high-level summary of Council’s decisions following several days of deliberations: Municipal tax[...]

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