Calgary Mayor Jyoti Gondek is running for re-election, despite concerns from many that she may not have a chance of winning. However, she remains confident in her ability to do so.
Optimism Among Citizens and Investors
Gondek believes that many citizens are happy with the city and that investors are bullish on Calgary. This optimism could give her an edge in the election. City hall watchers think that Gondek may have a shot at being re-elected due to the crowded field of candidates and the potential for voters to split their votes among multiple candidates.
Serious Consideration from Critics
Some of her toughest critics admit that they are taking her re-election bid seriously and will not underestimate her chances. One critic, who wished to remain anonymous, stated, "We’re taking this very seriously."
Financial Surpluses and Tax Relief
Meanwhile, Calgary city hall has been swimming in surplus dollars over the past few years. The sources of this surplus include:
- Increased revenue from power bills
- Profits from investments by Enmax (the City-owned utility company)
- Creative bookkeeping practices
Despite having surpluses well over $200 million last year and another surplus expected this year, it remains unclear whether Calgarians will receive any relief through reduced property taxes next year.
Call for Realistic Projections
Mayor Gondek is advocating for more realistic projections from city staff regarding future revenue intake. She suggests using actual numbers rather than conservative estimates, which often lead to higher-than-projected revenues and large surpluses.
Uncertain Future of Tax Relief
The issue of tax relief remains uncertain as long as huge surpluses continue each year since 2019 without providing any tangible benefits to residents through reduced property taxes or rebates.
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