Today was an important day for building our budget for 2023-2026. Here's a breakdown of what happened at Council today and what it means for you. To maintain services and progress Council’s strategic direction, Council approved Administration’s recommendation of a projected average annual increase of 3.65 per cent over the next four years in the total amount of tax collected from existing properties. This keeps the estimated property tax increases from existing properties lower than anticipated population growth and inflation. Calgary is growing and changing, and each year there is an increase in the number or size of properties. This development and redevelopment also increases our property tax revenue by an average of 1.35 per cent per year. Further discussions in the fall will provide additional clarity on the service provided and service and tax impacts to you. This will depend on the final Council-approved tax rate each year and will vary by property type and depend on the asses...