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.

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.

Calgary city administration said in a statement to Global News, the memo to city council informing them the federal funding was paused was "preliminary in nature."

Calgary city council rejected an attempt to add an urgent motion on banning national flag raising ceremonies at city hall to Tuesday's meeting agenda while questioning its urgency.

The motion to repeal citywide rezoning will now be debated by Calgary city council in December, and would require a public hearing in March if its approved.