All 520,000 residential and non-residential properties will receive a property tax bill. This is the biggest issue facing Council, and everyone’s wallets. The downturn has hurt everyone in some way. Nobody can say they have not been impacted by the recession, and the City is struggling to keep the hollowing out of the downtown core from impacting suburban communities.
That being said, I want to give residents the facts with this post, and what they can do. You do have options, but as I have said many times, do not delay, and if you need help to reach out to my office at email@example.com or 403.268.3727
If you have not received a property tax bill by the first week of June, visit www.calgary.ca/propertytaxor contact 311 to request a copy of your bill.
Property taxis due Friday, June 28. A late payment penalty of 7% will be applied to any unpaid portion of the current year’s property tax on July 1 and October 1.Further penalties of 1 per cent will be added on the first day of each month to any portion remaining unpaid after December 31.
The property tax deadline does not apply to property owners who pay monthly through The City’s Tax Installment Payment Plan (TIPP). More than 270,000 property owners pay their tax monthly through TIPP. Property owners can join TIPP at anytime by visiting www.calgary.ca/TIPP to request an agreement or by calling 311. I strongly urge all of you to sign up to this program, as it helps family budgeting.
City Council approved the 2019 Property Tax Bylaw (13M2019) on 2019 April 08 – starting with the One Calgary approved budget, and applying tax room of $27 million to the municipal non-residential property tax in 2019 – effectively producing a residential municipal tax rate increase of 6.67 per cent and a non-residential municipal tax rate decrease of 1.77 per cent.
There is help for those that are low-income, who meet income guidelines, and some criteria regardless of age. For more information on this, visit www.calgary.ca/ptap
The 2019 tax increase is 6.67% for residential properties and a decrease of 1.77% for non-residential properties.
The combined municipal and provincial tax increase for 2019 is 3.45% for residential properties and -3.07% for non-residential properties.
What this means for your wallet, is that for a household valued at $475,000 at the combined increase of 3.45% will be $105.00.
Support from the Province of Alberta for those in need:
The Government of Alberta annually requisitions the City of Calgary for funds that are required to be generated through property tax. The timing and amount of the provincial requisition is unknown due to the absence of a provincial budget.
The Provincial Government also offers a Seniors Property Tax Deferral Program that allows eligible seniors homeowners to defer all or part of their property tax through a low-interest home equity loan with the Government of Alberta. For more information go to www.seniors-housing.alberta.ca or call the Alberta Supports Contact line at 1-877-644-9992