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Calgary funds city projects from reserves, avoiding higher property taxes beyond a 3.6% increase.
Calgary City Council approved funding for various projects, including road improvements and police facilities, using reserve funds instead of raising property taxes.
The city will maintain a 3.6% property tax increase, aiming to address affordability for residents.
However, using reserves for these projects may lead to potential tax hikes in the future as funds diminish.
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Calgary financia proyectos urbanos con reservas, evitando mayores impuestos a la propiedad más allá de un incremento del 3,6%.