After Calgary city council voted to kickstart the process, a public hearing on whether or not to repeal citywide rezoning is expected in the spring.

Calgary Mayor Jeromy Farkas sat down with Global News for a year-end interview to reflect on his first few months in office.

Although Calgary Mayor Jeromy Farkas campaigned on a promise to repeal and replace citywide rezoning, council defeated his motion to kick-start the process to find a replacement.

To partly reduce the property tax increase, Calgary city council tapped into $50 million of investment income to help pay for city operations.

Calgary city council voted in favour of a 1.64 per cent property tax increase, which is anticipated to cost the typical homeowner an additional $4.50 monthly.

According to Calgary's mayor, the property tax increase as it currently stands would cost the typical residential homeowner an additional $3.90 per month.

The budget proposed an overall property tax increase of 3.6 per cent, but Calgary city council has whittled that down to 1.18 per cent so far.

According to the City of Calgary, the operating and maintenance costs of an electric bus is estimated at $815,000 over 16 years compared to $1.71 million for a diesel bus.

A $59 million boost is earmarked for Calgary Transit in the proposed budget to cover increased frequency on key routes, the low-income transit pass, and maintenance and upgrades.

The Canada Mortgage and Housing Corporation is denying a pause to Calgary's federal housing money, noting it's reviewing details of council's proposal to repeal citywide rezoning.