How the 2025 Provincial Budget Impacts Calgary’s Property Taxes
Did you know more than 1/3 of Calgary’s property taxes go to the Province? The remainder is invested in City services such as Fire, Police, and Transit. Property taxes make up about half of The City's Operating Revenue, while the remainder comes from other sources, including user fees, permits, and licensing.
The recently released provincial budget was the final piece required by The City of Calgary to calculate residents 2025 property tax rates.
In November, Council adjusted and approved its 2023-2026 Service Plans and Budgets investing in services that matter most to Calgarians, including infrastructure, transit, public safety, and housing. This was the first of three inputs needed to calculate the 2025 tax rates.
The second input required was the assessed value of all Calgary properties. The total assessed value of Calgary properties is used to calculate the tax rate, and your property value is used to calculate your tax bill. Property Assessment Notices for 2025 were mailed at the beginning of January.
For 2025 the typical single-family home assessed at $697,000, the municipal property tax increase is $134 annually or $11 per month. Calgary had the lowest property tax increase of all major cities in Canada in 2025.
The final input required was the provincial budget release. This determines the funding available to The City and the amount of property tax that will be sent to the Province. The provincial portion increased by $154 million in 2025, representing a 17.5 per cent increase. In total, Calgary will remit over $1 billion in property tax to the province, the highest amount of any Alberta municipality classified as a city on a per capita basis.
For 2025 the typical single-family home assessed at $697,000, the provincial property tax increase is $218 annually or $18 per month.
Property tax changes depend on the property type and value. Calgarians looking to get an estimate of their 2025 property tax bill, the changes that impacted it and a breakdown of where their tax dollars go, can visit calgary.ca/taxcalculator.
Property owners will receive their tax bills the week of May 12, with payments due by June 30, 2025.
For more information on the breakdown of where our property taxes go, please visit the City’s Property Tax Breakdown page.
For more information on how to apply for Calgary’s Tax Instalment Payment Plan (TIPP), visit the TIPP information page.