Calgary's 2026 Budget: Key Insights and Community Reactions
Calgary City Council has unveiled its proposed 2026 budget, outlining significant investments aimed at addressing the city’s burgeoning population and evolving needs. Mayor Jeromy Farkas characterized the budget as a "strategic step forward" for the city.
Key allocations include $59 million dedicated to enhancing public transit through increased service frequency, expanded fare affordability programs, and crucial maintenance and safety upgrades. This comes as Calgary Transit faces a funding gap, struggling to keep pace with growth despite ridership increases of 12 per cent in 2024, reaching over 101 million trips, and a recognized need for further investment to fully realize its RouteAhead expansion plan.
An additional $87.7 million is earmarked for broader infrastructure investments, covering pavement, streetlights, parks, and various city facilities. Public safety is also a priority, with $66 million allocated to bolster police and fire services. These infrastructure commitments are timely, given recent reports highlighting a $7.73 billion infrastructure deficit over the next decade and a decline in road quality impacting Calgarian satisfaction.
Local feedback on the proposed budget has been mixed. While many residents appreciate the focus on transit and critical infrastructure, concerns persist regarding potential property tax increases. The proposed 2026 budget adjustments indicate a 3.6 per cent property tax increase, translating to an average 5.8 per cent rise for residential properties. Mayor Farkas has notably expressed a desire to scale back this residential increase, reflecting ongoing discussions about balancing service demands with taxpayer affordability.
"It’s a balancing act," noted one city official, acknowledging the challenge of meeting growing demands while managing financial pressures. Calgarians are encouraged to participate in upcoming public hearings, with the next scheduled for November 24, to voice their opinions on these developments that will shape the city's future. The public's input remains vital as council deliberates the final budget.
