City Finances- Tax Shift Part 1 & 2
Hello, citizens. I want to talk to you today about the first part of a two piece conversation about the challenges that your city council has been having with citizens over the last several months. The two big challenges are; 1. the tax shift challenge and 2. how do we build the things we need to build. We have a 300-million-dollar tax hole, and the city wants to hear from you how we should solve this problem. On March 18th, council will present all the options and we encourage all citizens to tune into that meeting via live video. After that, we call on you, be ready to add your voice March 18- April 1 through online engagement and email. Get the background information in this video, and additional info coming in part 2.
The capital side of the city's budget has tightened up over the years and is looking to continue increasing service levels while reducing the cost of government. Since 2014, we have put 5 Billion dollars back into the city, keeping Calgarians employed, while building the city of the future. We have four big projects on the table, listen to Gian-Carlo explain the what and how's of this.