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After five days of public feedback and deliberations, Calgary city council has approved its adjustments to next year’s budget with a tax increase and new spending from reserves. Council stuck with an overall property tax increase of 3.6 per cent, which was previously approved in during budget deliberations in 2022.The move means the owner of a typical residential home assessed at $700,000 will see an extra $13.46 on their monthly property tax bills.That’s because the budget also includes an increase to service and utility fees that works out to $5.09 per month based on typical usage.The amount Calgarians will pay…
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