Calgary homeowners will pay a combined 8.1 percent increase in property taxes this year, mostly due to an increase in the provincial portion of taxes.
The rate includes a 1.2 percent hike in the municipal portion for both residential and non-residential properties, and a 19.8 percent increase in the provincial portion for residential properties, according to Calgary City Council data. The province will levy an 8.8 percent increase on non-residential properties.
The rise in the provincial portion of property taxes is due to a province-wide increase in the education property tax requisition, which is calculated based on municipal property values and which helps fund public education in Alberta. The share of province-wide education operating costs funded through the property tax is set to rise from 31.6 percent in the 2025–26 fiscal year to 33.4 percent in 2026–27….