Calgary’s funding from the province will remain little changed following the delivery of what Mayor Naheed Nenshi describes as a “stay-the-course budget.”

“There’s no real surprises in here,” said Nenshi. “That’s both good and bad; we can continue to count on a lot of the funding that we’ve had, but there’s no real new funding in here to address the number of municipal priorities.”

Last year, the province redistributed $42 million from the education portion of the property tax, which the city put towards high-priority community infrastructure such as the new Central Public Library and new recreation centres.

This year, however, the province is increasing its take of the 2012 education property tax, likely leaving Calgary with little to no additional tax room.

“It would have been nice to have had it, but at the same time, the province has a significant revenue problem,” said Nenshi.

Nenshi said Calgary’s $260-million portion of the Municipal Sustainability Initiative was what he expected.