2020 Assessments Out

[Masked Bandit]

Just got the tax bill itself, ran the year over year numbers. Assessed value down 4.3%, total tax bill up 7.3%. No real surprises for me.

[lilmira]

My bill went up more than 10%. Property value is more or less the same. Can I have a small penis art piece on my lawn to make me feel like I won.

[phreezee]

Up 17.5%

[BerserkerCatSplat]

Ended up being a ~2% assessment decrease and a ~13% tax increase. Yippee.

[npham]

We went up 2% in our assessment, but we are paying nearly 20% more in property taxes...

[killramos]

My tipps payment went up by almost exactly 20%.

Classic CoC

I think they are trying to compete with my mortgage to see which can be higher.

[pheoxs]

I wonder how much this will push more places for sale. Between insurance premiums and tax hikes I gotta imagine there's a bunch of rentals that'll be underwater now.

[2Legit2Quit]

13% tax hike womp womp

[A2VR6]

my TIPPS payment almost doubled. 90% increase from last year. Granted our assement went up by 30% (renovation) but this is still a pretty big blow.

[BerserkerCatSplat]

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my TIPPS payment almost doubled. 90% increase from last year. Granted our assement went up by 30% (renovation) but this is still a pretty big blow.

That's fuckin wild. How did they come to that number, I wonder?

[C4S]

Same "value" .. but money from my pocket went up ~ 10% ...

[ExtraSlow]

These threads drive me nuts. You guys know the"Mill rate" is variable every year right, even if the city budget stays the same?

I feel like there's a fundamental misunderstanding of how your property taxes are calculated. Have I ranted about this before?

[Tik-Tok]

Every year it's explained in detail by a handful of us, but really, nobody cares, they just want to vent about taxes.

[ExtraSlow]

Anyone who thinks a 10% change in assessed value is a 10% change in total property tax is exactly the kind of person who goes to car dealerships and puts down "refundable" deposits when they haven't decided if they want the car. They should have an adult handle thier finances.

[killramos]

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These threads drive me nuts. You guys know the"Mill rate" is variable every year right, even if the city budget stays the same?

I feel like there's a fundamental misunderstanding of how your property taxes are calculated. Have I ranted about this before?

That’s why we are all talking about actual tax bills. No one is talking about rates.

[A2VR6]

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That's fuckin wild. How did they come to that number, I wonder?

its a double whammy, increase in assement + increase in tax rate = world of hurt haha.

[bjstare]

Taxes up by just about 20%. Assume it's going to be the same or worse for the next few years to come.

[16hypen3sp]

Geez, after reading a few posting their increases, now I don't feel so bad about my tax bill. Wow, what's up with Calgary?

[dirtsniffer]

taxes up 5% on the primary. Assuming the rental will be about the same.

Is it really impossible for the city to spend less money?

[ExtraSlow]

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That’s why we are all talking about actual tax bills. No one is talking about rates.

I swear someone was. Or I'm "old guy yelling at clouds" again.