2.3% property tax rate gets final approval

City council has given final approval to this year's property tax rate at 2.3 per cent.

Most homeowners will pay less than last year because of rebate

City council has given final approval to this year's property tax rate at 2.3 per cent.

That is a total of both the municipal and the provincial portion of a Calgary homeowner’s tax bill.

It would mean a hike of $59 for the owner of an average Calgary home worth $430,000.

But factoring in a one-time rebate applied to tax bills last November, the average homeowner will end up paying about $40 less tax this year than last.