The City of Calgary unveiled its proposed 2027–30 budget, marking a significant financial plan with billions in spending. The budget outlines $6 billion in annual operating costs for 2027 and $21 billion in capital investments over four years.
The proposed budget would result in the largest municipal property tax increase in at least three decades. City officials argue the funds are necessary to support infrastructure, public services, and economic growth. The tax hike is expected to affect homeowners and businesses across the city.
Calgary has faced rising costs and growing demands on public services in recent years. The budget reflects efforts to address these challenges while maintaining essential services. The plan includes investments in transportation, housing, and community programs. The city council will review the proposal before making a final decision.
