Today, we are presenting Council with our proposed plan and budget adjustments for 2021. You can view the entire report at calgary.ca/agendaminutes. The adjustments support Calgary’s economic recovery and COVID-19 response by providing an overall tax rate decrease of 1.66% for 2021, exceeding Council’s direction for a 0% increase. Some of the savings found beyond the Council direction for a 0% increase will replace the one-time rebate for 2021 previously directed by Council with permanent reductions. After taking into account the one-time rebate approved by Council for last year’s taxes, the result will be an overall decrease of 0.55% for non-residential and 0.67%. The adjustments also include $6 million for a residential rebate in 2021 to bring the overall impact to the typical single family down to 0%. Specific tax rates for 2021 will vary depending on property type and changes in assessment value. Before Council makes any decisions, you can provide your feedback on the propose...