Calgary municipal property taxes to rise 3.8% in 2018

Calgary homeowners will see the municipal side of their property taxes go up by 3.8 per cent next year following city council’s adjustments to the 2018 budget.

That means the owner of a median-assessed house — worth $460,000 — will pay $5.95 more a month, or $71.40 more on the municipal portion of their property tax bill next year.

It also means there will be about $28 million in program spending cuts at city hall — and 156 city jobs will be cut. There’s no word yet, however, on how many layoffs will actually occur.

Council also approved a $45 million package Thursday