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Calgary may raise property taxes by 15% in 2027

Calgary may raise the tax that people pay on their homes and land by 15% in 2027. This tax is called a property tax. The city uses it to pay for local services, such as roads, water, and police. The 15% rise would be Calgary's largest in at least 30 years. The city's draft budget for 2027 to 2030 also includes smaller tax rises in later years: 10% in 2028, 7.7% in 2029, and 6% in 2030. The plan must still go to public hearings, which start on November 23. The city hopes to approve the final budget in December.

100 wordsSource: Calgary Herald, by Noah Brennan

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