Financial facts

Approximately a third of your property tax goes to the Province. The remainder is invested in City services such as Fire, Police and Transit. Property taxes make up about half of The City’s Operating Revenue, while the remainder comes from other sources, including user fees, permits, and licensing.

View City services supported by property tax

Get a breakdown of how your property tax dollars are invested in City services

Determining and delivering the services you need

We collected Calgarians input to develop The City’s 2023-2026 service plans and budgets, and make investments in the services that matter most to you. Each year, adjustments can be made by Council to support Calgarians better. Together, we’ve made Calgary one of the most livable cities in the world over the last decade.

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Residential property tax breakdown

65% funds City of Calgary service

35% goes to The Government of Alberta

Property tax affordability

Calgary remains one of the most affordable cities in Canada for property tax when comparing the median single residential property. Regionally, Calgary remains comparable while offering additional municipal services that nearby cities and townships might not offer. Keeping affordability in mind, Calgary had the smallest average property tax increase of comparable major cities over the past five years. Today, rapid population and inflation growth outpace forecasts, placing pressure on service delivery and Calgarians.

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Three graphs with average property tax information.

Graph 1:

% household income spent on property tax

Toronto 5.9%
Vancouver 5.6%
Ottawa 4.2%
Edmonton 2.9%
Winnipeg 2.6%
Calgary 2.2%
Rocky View 2%
Okotoks 2.0%
Cochrane 2.0%
Airdrie 1.9%
Chestermere 1.6%

Graph 2:

Average household property tax paid

Toronto $4966
Vancouver $4631
Ottawa $4327
Edmonton $3284
Rocky View $3266
Okotoks $2637
Cochrane $2584
Calgary $2564
Airdrie $2373
Chestermere $2284
Winnipeg $2049

Graph 3:

2020-2024 property tax

Vancouver 7.04%
Toronto 4.07%
Edmonton 3.41%
Ottawa 2.80%
Winnipeg 2.80%
Calgary 1.77%

Where do your residential property tax dollars go?

Learn more about the City services partially or fully funded by property tax.

Learn about our Finances

The key factors (and the timeline) that work to determine your annual property tax bill.

How does The City manage its City finances to keep Calgary affordable? Learn how our Total City Operating Expenditures are maintained in line or below the combined rates of population growth and inflation.

Learn more about the City service, capital, and one-time investments Council made as part of The City’s Service Plans and Budget 2024 Adjustments.

Get an estimate, and complete breakdown of your tax bill before it arrives in May. Learn how your money is invested in City service.

Do you pay your property tax monthly? Learn how the TIPP instalment changes in December and July ensure you pay no more or less than your annual tax bill.

How does a change in your property’s assessed value (mailed in January) impact your tax bill?

City finances are impacted by an estimated downloading of $436.9 million annually from other orders of government. Read the Municipal Fiscal Gap Report.

Learn more about gas and electricity charges, Local Access Fees, and The City’s efforts to investigate changes for Calgarians.

Learn more about why The City has reserves, what they are used for and how they are related to City surplus and how they relate to The City finances.

Managing our finances carefully can result in a favourable operating variance that Council can use to further support Calgarians.

Municipal property tax and fees are a small portion of the total taxes Calgarians pay each order of government. Since 2007, the estimated taxes and fees Calgarians paid to The City (municipality) was 11%, while the remaining 89% of taxes and fees were generally split between the Provincial and Federal governments. Source – Statistics Canada Table 36-10-0450-01

Approximately 65% of the property tax you pay is invested in City services. The remaining 35% goes to the province. In 2024, The City will collect $875.7 million in property tax on behalf of the Province an increase of $94.1 million from 2023. This year, The City’s provincial tax requisition increased by 12 per cent due to growth in residential/ram land (14.5 per cent) and non-residential (4.6 per cent) assessment value.

Get a complete breakdown of how we invest your money.

Number of City of Calgary Full Time Equivalents per capita (1,000 citizens) as of 2022. Calgary employee count is below average when compared to other major municipalities in Canada - Victoria 12.88, Winnipeg 13.14, Edmonton 13.94, Toronto Vancouver (no TransLink) 12.55, Vancouver (with TransLink) 15.44, and Toronto 16.52. Source – City Manager Quarterly Report 2023.

Calgary has one of the lowest municipal property tax among Canadian municipalities compared to other cities for two-story homes and bungalows.

See how we compare to other cities.

In 2023, Council increased the tax responsibility of residential properties by 1% each year from 2024 to 2026 while decreasing the tax burden on businesses. Creating greater balance in Calgary's property tax distribution aligns with other big cities in Canada, while diversifying the local economy and stimulating economic growth.

Through careful decision making and responsible financial management, The City consistently earns positive credit ratings from globally recognized rating agencies S&P Global Ratings (S&P) and DBRS Limited. These ratings, as well as other independent third-party positive outlooks, save Calgarians money by helping to reduce borrowing costs for The City.

Priority capital projects do not increase property tax or impact how we deliver City services.

We’re paving the way for Calgary's next milestone: becoming home to a population of two million.