The city sent out tax bills to about 460,000 residences and businesses on Friday and says citizens should receive them by the first week of June.

Property taxes are calculated annually based on the property’s assessed value and the property tax rate that is approved by council.

The deadline for payment is June 30 unless you are part of the City’s Tax Instalment Payment Plan (TIPP).

A 7 percent late penalty will be applied to any unpaid portion of property taxes on July 1 and October 1 with another one percent tacked on for any portion that remains unpaid after the end of the year.

The city uses a portion of property taxes collected to help fund local services including:

  • Police and emergency services
  • Public transit, roads, street cleaning and road maintenance
  • Care and maintenance of parks, pathways and playgrounds
  • Bylaw enforcement
  • Land use planning
  • Garbage collection service provided to households on a weekly basis
  • Environmental promotion and protection
  • Contributions to operating costs of cultural and recreational facilities, including the Calgary Zoo, Heritage Park, EPCOR Centre for Performing Arts, TELUS World of Science, Calgary Economic Development, libraries and City-owned pools, arenas, art centres, fitness facilities and sports fields

For more information on property taxes, call 311 or click HERE.